On June 28, the first phase of the 795 MW/1600 MWh centralized energy storage project in Dongying, Shandong Province, successfully commenced operation. This first phase features a capacity of 500 MW/1000 MWh and is located in Diaokou Township, Lijin County. The project is a national-level pilot demonstration project for new energy storage and is the largest electrochemical independent energy storage station in China. It marks another successful application of CYG ET’s PRS-3000 energy storage monitoring and energy management system (EMS) in GW-scale projects. 

As a high-quality brand in the energy storage monitoring and energy management system field, CYG ET was among the first to participate in grid-side energy storage projects and to develop energy storage coordinators in China. The company has published multiple patents and papers related to energy management systems, ensuring the safe and stable operation of various energy storage projects. As of June 24, 2024, CYG ET has serviced 393 energy storage stations with a cumulative capacity of 14.2 GW/31.9 GWh, consistently committed to providing solutions for a new power system that coordinates source, grid, load, and storage, earning the trust of customers through market validation.

The Dongying Jinhui Centralized Energy Storage Project is located in a major wind and solar energy base, close to load centers. The first phase has a scale of 500 MW/1000 MWh, achieving a one-time charging capacity of 1000 MWh, sufficient to meet the daily electricity needs of approximately 150,000 households. The project is expected to absorb around 320 million kWh of new energy annually, reducing coal consumption by about 101,000 tons.

The PRS-3000 EMS boasts excellent power control speed and accuracy, supporting panoramic data access management for GW-scale energy storage stations. It features capabilities such as data collection and processing, anti-mislock, smart device integration, comprehensive monitoring, alarm management, AGVC control, energy management, diagnostic warning, and fault analysis. It offers both station-side and cloud platform products, effectively meeting customer needs for on-site control and remote operation and maintenance.

During the project construction, CYG ET maintained close cooperation with the customer, accurately aligning with their needs, reasonably scheduling production, and implementing strict quality control. A specialized technical team was stationed on-site to respond promptly, ensuring high-quality project delivery. CYG ET helped the project become a large urban “power bank,” enabling rapid and stable peak shaving and frequency modulation, significantly enhancing power supply capacity during peak demand periods, effectively smoothing load fluctuations, and ensuring the safe and stable operation of the power grid. This project effectively addresses issues such as insufficient renewable energy access and limited transmission capacity.

This not only reflects CYG ET's strength in the energy storage field but also demonstrates its firm commitment to a green future. As the global energy transition accelerates, energy storage technology, as a key component for efficient energy use and stable supply, is increasingly demonstrating its vital value. 

In the future, CYG ET will continue to focus on the new energy sector, enhance its innovative capabilities through technology, and consistently provide cleaner and more convenient green energy to customers, always practicing its mission to “promote safer and more convenient energy use,” contributing further to the development of the global energy sector!

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