According to the latest news, on October 28th, the 3 GWh energy storage system integration industrialization project (Phase I) invested and constructed by Yichun Liyuan New Energy Technology Co., Ltd. which is controlled by listed company Hunan Corun New Energy Co.,Ltd., was officially put into operation.
Jia Wenjie, Executive Vice General Manager of Liyuan New Energy, said, "The nickel hydrogen+lithium hybrid energy storage system product and its technology that we have put into production this time are independently developed and designed by the company. After production, it will form an annual production capacity of 1 GWh and can achieve an annual output value of about Yuan 735 million.
It is reported that the total investment of the project is about Yuan 400 million yuan, and it will be constructed in two phases. The first phase of the project started construction in June 2024 and was officially put into operation on October 28th.
After the project is fully completed and put into operation, it will achieve an annual production capacity of 3 GWh for integrated hybrid energy storage systems, with an expected annual revenue of about Yuan 2 billion and a tax contribution of over Yuan 10 million.
At present, Liyuan New Energy has received multiple energy storage orders from Beijing Tianshun Intelligent Storage and Jiangsu Guoxia Technology, and is expected to achieve revenue of over Yuan 80 million this year.
The second phase of the project is scheduled to commence construction in the second quarter of 2025.
Edited by Cassie Li, lixiangying@mysteel.com
