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On February 28, an announcement was issued regarding the suspension of the Fengzhen City integrated wind and solar hydrogen production and hydrogen storage peak-shaving power plant project. According to the information, due to adjustments in industrial policy, it is not possible to carry out the bidding process for this project as planned; therefore, the bidding for this project is suspended. On February 26, an announcement was released regarding the delay in the construction of the Fengzhen City integrated wind and solar hydrogen production with hydrogen storage for peak-shaving power generation facility. According to the available information, the integrated hydrogen production and storage-based peak-shaving power station in Fengzhen City has been approved by the authorities responsible for project approval/authorization/registration. The funding for this project comes from self-funded sources amounting to 850 million yuan, and the tendering party is Yuanwanghechu New Energy Technology (Fengzhen City) Co., Ltd. For new renewable energy projects, 112 wind turbines with a capacity of 6.25 MW each will be installed, resulting in a total capacity of 700 MW; the total installed capacity of photovoltaic power plants is 300 MWP, with an AC-side capacity of 240 MW. It is estimated that the wind farms will generate approximately 2,240,000 MWh of electricity per year, while the photovoltaic power plants are expected to generate around 561,000 MWh of electricity per year. Battery energy storage module on the grid side: total energy storage capacity of 260 MW/1040 MWh, using advanced battery technology, with an energy storage duration of 4 hours. For hydrogen storage, 540 MW of electrolyzers are planned to be installed, with a hydrogen production capacity of 108,000 Nm³/h, resulting in a daily hydrogen output of 864,000 Nm³. Hydrogen storage is designed for 12 hours at 1.4 million Nm³, with the hydrogen production station and the storage station built together. Three new 220kV step-up substations and one 500kV collection substation will be built. The total land area required for the project’s hydrogen production and energy storage facilities is about 300 mu, of which 300 mu are new land areas to be acquired. The total construction area is approximately 12,000 square meters. Planned duration: 600 calendar days. The scope of the EPC turnkey contract includes, but is not limited to: project survey and design, procurement of equipment and materials, construction of hydrogen production and energy storage facilities, construction of wind farms, road construction, construction of power collection lines, and construction of step-up substations; as well as survey and design, as well as construction of transmission lines (including the terminal stations). It also involves coordination of construction activities, handling of land acquisition matters and removal of obstacles related to structures on the acquired land, coordination with local government authorities and handling of relevant procedures; coordination regarding temporary land leases for construction purposes and associated costs; equipment installation and commissioning, trial operation of the wind turbine generation, transmission, and transformation systems, rectification of any issues, and ensuring that the turbines pass the 24-hour trial operation period and subsequent completion inspection ; Connect to the production scheduling data center, connect to the sub-stations of the centralized operation center, and feed data into the centralized operation center as well as the data platform ; This project encompasses all aspects related to the preliminary stages, construction, and commissioning of the facility – including coordination with relevant government agencies and power grid companies, preparation of all necessary supporting documents, as well as handling of all compliance procedures such as certification requirements (including various types of inspections and joint trials). It also includes services during the warranty period. The project aims to meet the company’s requirements for successful commissioning, to achieve high standards of quality, to develop smart stations, safety experience areas, and smart construction sites. In short, it is an EPC \"turnkey project\" that meets all the aforementioned conditions. This project is the largest hydrogen energy storage project in the world, but it is not the first of its kind undertaken by Yuanwanghechu Group. The company has already developed several hydrogen energy storage projects for peak-shaving purposes, as follows: (1) Karamay District Hydrogen Energy Storage Peak-Shaving Power Plant Project ; (II) Baijiantan Area Hydrogen Energy Storage Peak-Shaving Power Plant Project ; (III) Dushanzi District Hydrogen Energy Storage Peak-Shaving Power Station Project ; (IV) Ordos Dalarat Banner Hydrogen Energy Storage Peak-Shaving Power Plant Project ; (5) Xing’an League Hydrogen Energy Storage Peak-Shaving Power Station Project. In September 2023, the first hydrogen energy storage peak-shaving power plant project of the Source-Grid-Load-Storage Group was officially launched in Karamay. With a total investment of around 35 billion yuan, the project includes elements such as hydrogen energy storage peak-shaving power plants, hydrogen energy equipment manufacturing, combined heat and power generation, and the creation of zero-carbon industrial parks based on green electricity. After 2024, progress on this project slowed down, with little news being released regarding it.