Analysis of winning energy storage projects in March 2024

In March 2024, the energy storage industry released a total of 33 winning bids, with a total scale of 4076.37MW/10214.611MWh. Among them, Huining Times and State Energy Group had the largest bids, 2600MWh and 1710MWh respectively. The winning bid price range for energy storage EPC was 0.832~1.707 yuan/Wh, with an average price of 1.27 yuan/Wh. The winning bid price range for energy storage system procurement was 0.564~2.993 yuan/Wh, with an average price of 0.77 yuan/Wh.