Xinhua Hydropower's 4GWh energy storage system centralized procurement bid opens, unit price hits new low

Xinhua Hydropower Co., Ltd. opened bids for the centralized procurement of lithium iron phosphate electrochemical energy storage systems in 2024, with a procurement scale of 4GWh. A total of 71 companies participated in the bidding, with the lowest bid being 0.5575 yuan/Wh, the highest bid being 1 yuan/Wh, and the average bid being 0.619 yuan/Wh.