Tenders

PowerChina procures 16 GWh of energy storage to integrate 2025 renewables projects

The storage requirement comes alongside a 51 GW solar module and inverter procurement order.

By

Vincent Shaw

Nov 19, 2024

Chinese energy and infrastructure developer PowerChina has announced its 2025 procurement plan, aiming to acquire 51 GW each of solar modules and inverters along with 16 GWh of energy storage system capacity for its renewable energy projects.

The solar procurement is divided into three lots, covering self-financed and contracted projects with negatively-doped, “n-type” tunnel oxide passivated contact and heterojunction modules.

The inverter procurement is split into centralized and string inverter sections and the energy storage plan focuses on safety and performance requirements. All submissions are due by Dec. 4, 2024.

Since the start of China’s 14th Five-Year Plan, in 2021, state-owned PowerChina has increased its annual solar procurement targets for a total 139 GW.

The company reported revenues of CNY 609.4 billion ($84.2 billion) and net profits of CNY 13 billion in 2023. For the first half of 2024, it posted revenues of CNY 284.9 billion and net profits of CNY 6.34 billion.

From pv magazine International.

Written by

Vincent Shaw
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