CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd. won the first bid for the 2024 China Datang Group Lithium Iron Phosphate Battery Energy Storage System Framework Procurement

CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd. successfully won the bid in the 2024 China Datang Group's lithium iron phosphate battery energy storage system framework procurement and became the first successful bidder. The company's bid price was 1,374,271,320.00 yuan, equivalent to a unit price of 0.6871 yuan/Wh. The project includes 1GWh 0.5C (2 hours charging and discharging time) and 1GWh 0.25C (4 hours charging and discharging time) energy storage systems.