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Yuanhe Energy Yongxing Special Steel 12MW 12MWh Commercial and Industrial Hybrid Energy Storage Project – Phase I Connected to the Grid and in Operation

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2023/12/09

On December 8, 2023, the first phase of the Yongxing Special Steel Commercial and Industrial Hybrid Energy Storage Project, jointly constructed by Yuanhe Energy and Yongxing Lithium Battery, was officially connected to the grid and put into operation at the Yongxing Special Steel Plant in Huzhou.


On December 8, 2023, the first phase of the Yongxing Special Steel Commercial and Industrial Hybrid Energy Storage Project, jointly constructed by Yuanhe Energy and Yongxing Lithium Battery, was officially connected to the grid and put into operation at the Yongxing Special Steel Plant in Huzhou. This project represents a successful application of hybrid energy storage in commercial and industrial energy storage projects; the first phase of the project utilizes 2 MW/4 MWh lithium iron phosphate batteries from Yuanhe Energy and 4 MW/2 MWh lithium titanate batteries from Yongxing Lithium Battery.

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The project is located in Huzhou City, Zhejiang Province, with a total capacity of 6 MW/6 MWh for the first-phase energy storage system. The 2 MW/4 MWh lithium iron phosphate battery pack provided by Yuanhe Energy is primarily used to shave peaks and fill valleys, meeting the demand for reducing factory electricity costs; the 4 MW/2 MWh lithium titanate battery pack provided by Yongxing Lithium Battery is mainly used to smooth factory load, stabilize factory voltage and frequency, and enhance grid stability. This project is also connected to the Zhejiang Province Virtual Power Plant Operation Platform. The successful grid connection and operation of this project marks a new breakthrough in the application of hybrid energy storage in the industrial and commercial energy storage sector, as hybrid energy storage systems can fully leverage the advantages of different types of energy storage batteries and improve the overall performance of energy storage systems.

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Yuanhe Energy is a leading domestic provider of energy storage system solutions, boasting extensive experience in the development, construction, and operation of energy storage projects. Yongxing Lithium Battery is an internationally leading supplier of lithium titanate batteries, whose lithium titanate batteries feature high energy density, long cycle life, and high safety.

Yuanhe Energy stated that it will continue to work with partners such as Yongxing Lithium Battery to jointly promote the application of high‑rate, long‑life energy storage and hybrid energy storage technologies, develop high‑performance energy storage products, explore more valuable application scenarios, and provide guarantees for the safe and stable operation of the power system.

Project Highlights

  • Adopt hybrid energy storage technology to fully leverage the advantages of different types of energy storage batteries.
  • Technical solutions, system integration, and a full-station EMS control system are provided by Yuanhe Energy.
  • Help reduce peak electricity demand and fill in the valleys at factories, thereby enhancing grid stability.

Project Overview

  • Project Name: Yongxing Special Steel 12 MW/12 MWh Commercial and Industrial Hybrid Energy Storage Project
  • Project Scale: Phase I – 6 MW / 6 MWh; Phase II – 6 MW / 6 MWh;
  • Project Type: Commercial and Industrial Hybrid Energy Storage System Featuring Lithium Titanate Batteries + Lithium Iron Phosphate Batteries
  • Project Location: Huzhou City, Zhejiang Province
  • Project Construction Entities: Beijing Yuanhe Zhichu Energy Co., Ltd. and Huzhou Yongxing Lithium Battery Technology Co., Ltd.
  • Project Partner: Yongxing Special Steel
  • Project Progress: Full-capacity acceptance and grid connection completed on December 8.

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