Date: 06-08-2021

State Power Investment Corporation Wuling Power Corporation and Sermatec Energy Ningxia GW-level energy storage intelligent manufacturing plant project officially launch

On July 28, the ” Sermatec Energy Ningxia GW-level energy storage intelligent manufacturing plant “, one of the third batch of major projects in Wuzhong City, Ningxia in 2021, was officially launched in Hongsipu District, Ningxia.

On July 28, the ” Sermatec Energy Ningxia GW-level energy storage intelligent manufacturing plant “, one of the third batch of major projects in Wuzhong City, Ningxia in 2021, was officially launched in Hongsipu District, Ningxia.

Wuzhong City Mayor Xi Qingjiang, CPPCC Chairman Sun Ying, Hongsibao District Mayor Wang Zhongqiang and officials from the Municipal Development and Reform Commission, Industrial and Commercial Bureau, Hongsibao District and other government departments attended the launching ceremony and delivered speeches. Xia Gang, Deputy Secretary of the Party Committee and General Manager of SPIC-Wuling Power Co., Ltd., Mo Yujun, Member of the Party Committee and Deputy General Manager, Li Tingli, Secretary of the Disciplinary Committee of the Party Committee, and Tang Jun, General Manager of Wuling Power Ningxia Business Department, and Party Secretary of Wuling Power Ningxia Business Department , He Peiya, the leader of Wuling Power Ningdian’s working group to enter Hunan, Shanghai Sermatec Chairman Li Feng and Northwest District General Manager Zhang Xiaojun witnessed the scene.

The Ningxia GW-level energy storage intelligent manufacturing plant project is the first major decision-making project implemented after Shanghai Sermatec Energy Technology Co., Ltd. and Wuling Power Co., Ltd. signed a strategic cooperation agreement in June 2021. This will also help the implementation of Ningxia and Hunan provinces. “Electricity transmission form Ningxia to Hunan” strategic supporting project. This project opened a new chapter in the cooperation between Sermatec and Wuling Power in the field of “new energy + energy storage”! In the future, the two companies will carry out comprehensive strategic cooperation in the field of “new energy + energy storage” to jointly promote the optimization of China’s energy structure and achieve win-win results!

Sermatec Energy’s Ningxia GW-level energy storage intelligent manufacturing plant project is an important implementation step of Sermatec Energy’s energy storage business strategy of “Going to the Great Northwest” formulated around the 30/60 target. It is bound to provide a safer new energy market in the Northwest. More efficient energy storage system equipment and professional energy storage power station operation services.

About Sermatec Energy Ningxia GW-level energy storage intelligent manufacturing plant

Ningxia GW-level energy storage intelligent manufacturing plant project is jointly invested and constructed by Ningxia Sermatec Energy Technology Co., Ltd. and Wuling Power Co., Ltd. The project is located in Hongsi District, Wuzhong City, Ningxia Hui Autonomous Region, covering an area of ​​25 acres. The first phase is planned to invest in the construction of 6000 square meters. Intelligent energy storage workshops and a 1,000-square-meter comprehensive office building; after it is completed and put into production, the annual output value will reach more than 1 billion yuan, which will solve the employment of more than 140 local people and contribute more than 10 million yuan in tax revenue.

About Wuling Power Co., Ltd.

Wuling Power Co., Ltd. is a secondary unit of State Power Investment Co., Ltd. in Hunan. It is a large-scale comprehensive clean energy power generation enterprise with hydropower as the main body and coexistence of water, fire, wind and light. Clean energy accounts for more than 88%, making it the largest clean energy supplier in Hunan Province. The company’s total assets are 55.2 billion yuan, and its industries are distributed in 14 provinces, autonomous regions, and municipalities across the country, including Hunan, Qian, Ning, and Jin. The total installed capacity in operation and under construction is 10.68 million kilowatts.