Energy storage and China Southern Power Grid cooperation

China Southern Power Grid Peak Shaving and Frequency Modulation (Guangdong) Energy Storage Technology, a unit of China Southern Power Grid''s subsidiary China Southern Power Grid Energy Storage, signed a … China Southern Power Grid Peak Shaving and Frequency Modulation (Guangdong) Energy Storage Technology, a unit of China Southern Power Grid''s subsidiary China Southern Power Grid Energy Storage, signed a …

Who signed CSG energy storage agreement?

Witnessed by Liu Guogang, Chairman and Party Secretary of China Southern Power Grid Energy Storage Co., Ltd. ("CSG Energy Storage"), and William Li, Founder, Chairman and CEO of NIO, Wang Zhiqiang, Chairman of CSG Energy Storage Technology, and Shen Fei, Senior Vice President of NIO, signed the agreement.

Who is CSG energy storage?

As the first to build a megawatt-level lithium battery energy storage station in China, CSG Energy Storage currently manages nine electrochemical energy storage stations, and has accumulated industry-leading experience in integrated solar-storage-charging stations, reutilization of power batteries, and other areas of vehicle-grid interaction.

Who are the members of CSG energy storage & NIO Power V2G?

Li Dinglin, General Manager and Deputy Party Secretary of CSG Energy Storage, Lu Wensheng, Deputy General Manager and member of the Party Committee of CSG Energy Storage, Harry He, Head of NIO Power System Management, and Hu Weifeng, Head of NIO Power V2G attended the ceremony.

Why should you choose CSG energy storage?

"Over the past years, CSG Energy Storage has accumulated rich experience and achieved fruitful results in energy digitalization, green energy consumption and construction of new power systems," said Dr. Fei Shen, Senior Vice President of NIO.

How many NIO Power Swap Stations are there in China?

So far, NIO has installed 2,375 Power Swap Stations and 21,603 public NIO Chargers in China. As of the end of this February, 587 Power Swap Stations and over 27,000 chargers have participated the demand response and peak shaving ancillary services in 14 provinces and cities in China with a total load shifting capacity of around 300,000 kilowatts.

How many kilowatts is a new energy storage system?

The installed capacity of its new-type energy storage system will increase by 2 million kilowatts, 3 million kilowatts and 5 million kilowatts during the 14th, 15th and 16th Five-Year Plans respectively.

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