2025-03-04
5% for all vanadium flow batteries! Yantai Energy Storage Center (West) 1GW/2GWh project starts cons
On March 1st, the 1GW/2GWh project of Yantai Energy Storage Center (West) started construction in Laizhou. The project is invested and constructed by Blue Sky Oriental (Laizhou) Energy Co., Ltd. with a total investment of 3.5 billion yuan, and has been included in the Shandong Provincial Energy Bureau's 2024 new energy storage project. The total investment of the first phase 450MW/950MWh project is about 1.325 billion yuan. The first batch of 100MW/210MWh projects will be constructed, of which 95% will be lithium iron phosphate batteries and 5% will be vanadium flow batteries.