The unit price of 0.5575 yuan/Wh hit a new low. Xinhua Hydropower's 4GWh energy storage system centralized procurement bids were opened

China National Nuclear Corporation Xinhua Hydropower Co., Ltd. has opened bids for the centralized procurement of lithium iron phosphate electrochemical energy storage systems in 2024. The procurement scale is 4GWh, including 3GWh of 0.5C system (2h system) and 1GWh of 0.25C system (4h system). It is understood that this procurement attracted 71 companies to bid, with the lowest bid of 0.5575 yuan/Wh, the highest bid of 1 yuan/Wh, and the average bid of 0.619 yuan/Wh.