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Jiangsu Kunyu Energy Storage Project

Sector: Power Generation (CCGT) • Location: China

Source: World Bank Group

Project
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The project comprises the development of Jiangsu Kunyu energy storage base at the Yangkou Port Economic Development Zone, in Jiangsu Province, China. It started construction on April 11th, 2024. The sponsor is Kunyu Power Co., Ltd., which develops the project with the authorities of Rudong County, Jiangsu Province. The agreement for the project was signed in September 2023. The investment is $621.

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The project “Jiangsu Kunyu Energy Storage Project” is an infrastructure initiative in the Power Generation (CCGT) sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project comprises the development of Jiangsu Kunyu energy storage base at the Yangkou Port Economic Development Zone, in Jiangsu Province, China. It started construction on April 11th, 2024. The sponsor is Kunyu Power Co., Ltd., which develops the project with the authorities of Rudong County, Jiangsu Province. The agreement for the project was signed in September 2023. The investment is $621.94m or 4.5 billion yuan, coming from the budget of Kunyu Power Co. The capacity is planned to be 12GWh of energy storage. https://www.seetaoe.com/details/233466.html https://www.seetaoe.com/details/233466.html

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