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A energy storage project with a total investment of 3.8 billion yuan has been signed in Xianning, Hubei! 2025-03-25 15:23:30 On March 22, Chongyang County held a signing ceremony with Yunda Energy Technology Group; the projects agreed upon covered wind power development, energy storage stations, and vanadium battery manufacturing facilities, with a total investment of over 3.8 billion yuan. Yunda Co., Ltd. officially signed the \"Development Agreement for Wind Power Supportive Energy Storage Projects in Chongyang County\" and the \"Investment Cooperation Agreement for a Complete Vanadium Redox Flow Energy Storage System Production Base in Chongyang County\" with the People’s Government of Chongyang County, Xianning City, Hubei Province. Under the agreement, Yunda Shares will invest in Chongyang County in two phases to build an independent energy storage power plant with a total capacity of 80MW/320MWh, along with 400MW of wind power facilities. The project utilizes vanadium redox flow battery technology, offering advantages in terms of long-duration energy storage, high safety, and environmental friendliness. Once completed, it will be able to provide stable peak-shaving capacity for the regional power grid, thereby significantly increasing the utilization level of renewable energy. Once operational, the integrated production base for vanadium redox flow battery storage systems, which was launched simultaneously, is expected to achieve an annual production capacity of 2 GWh, create over 2,000 jobs, and help Chongyang become a leading hub for the vanadium redox flow battery storage industry in Central China. As a leading domestic provider of energy storage solutions and service operators, Yunda Co., Ltd. leverages its core technology in vanadium redox flow batteries to strive for the creation of a closed-loop industrial chain that encompasses \"vanadium resource development, electrolyte production, energy storage system integration, and power station operation.\" As part of this collaboration, the company will also work together with upstream and downstream enterprises to establish a provincial-level vanadium industry research institute, thereby promoting the recycling of waste resources and the high-value utilization of vanadium ore, and helping Chongyang develop a green and low-carbon industrial cluster. The full implementation of this project will further strengthen Yunda Shares’ leading position in the field of new energy storage, while also providing significant support for Chongyang County in achieving its \"dual carbon\" goals. In the future, the two parties will deepen their cooperation to explore the application of energy storage technologies in industrial parks, data centers and other scenarios, thereby accelerating the integrated development of clean energy and smart cities.