It is reported that the scale of the first phase of the project is an annual output of 100 MW /400 MWH all-vanadium flow battery system, with a total investment of 200 million yuan, including the stack production line, module assembly line, etc. The second phase of the project is planned to increase the production capacity to 300 MW /1200 MW, and increase the electrolyzer storage tank production line, frame production line, frame welding line, etc. The third phase of the project plans to add proton exchange membrane production line, bipolar plate production line, container welding and spraying line, etc., and eventually form the whole industrial chain.

The project successfully revitalizes idle plant resources in the park and fully reaches production. It is expected to achieve an annual output value of 2.4 billion yuan and provide more than 500 jobs. The first phase of the project is expected to produce an annual output value of 700 million yuan and provide more than 150 jobs. At the same time, the project will promote the industrial structure of the park to extend from the "power generation and materials" link to the field of energy storage equipment manufacturing, effectively fill the gap in the park's energy storage equipment manufacturing plate, and promote the vertical extension of the new energy industrial chain. As an important part of the integration of "source, grid, load and storage", the energy storage system produced by the project can directly serve the grid side energy storage demand in the park and other areas, forming an industrial cycle of "green power production + zero carbon manufacturing + energy storage application", helping Lijiang City to build a highland of long-term energy storage industry.

At present, the enterprise has completed project filing, plant leasing and preliminary decoration, and is speeding up the installation and commissioning of production line equipment, and striving to put the first phase of the project into operation within the year.

"The project landed in Huaping, both pay attention to the local rich green power resources and clean energy industrial base, but also hope to rely on the whole industrial chain layout, promote the coordinated development of energy storage equipment manufacturing and new energy applications." Hu Bo, the legal person of Beijing Lvvanadium New Energy Technology Co., LTD., said that the company will complete the procedures of core processes such as pile assembly production as soon as possible, and orderly promote the extension of the whole process processing and production of the energy storage system to Huaping. At the same time, it actively connects with the energy storage demonstration projects in and around the city and the energy storage demand on the grid side to expand a broader market space.