Jichai Power lowers bidding price for energy storage system

Jichai Power recently lowered the bidding price of its energy storage system, which is 20% lower than the bidding price in February this year. The maximum purchase price of components for the 5MWh system project in February is 0.6 yuan/Wh, and the maximum price of battery cells is 0.45 yuan/Wh. The price reduction may be related to Jichai Power's self-developed products, which have made progress in the field of electrochemical energy storage prefabricated cabins and energy storage battery PACKs.