Early on the morning of the 28th, the special service class for major industrial projects in Rudong coastal economic development zone came to the construction site of China Tianying Inc(000035) gravity energy storage and complete equipment manufacturing project. It held on-site meetings, coordinated solutions, and removed the stumbling blocks of enclosure and road construction, clearing the obstacles for the construction to be started in mid April and completed and put into operation in the second half of this year.
On the 20th, the China Tianying Inc(000035) gravity energy storage and complete equipment manufacturing project with a total investment of more than 1 billion yuan was signed and settled in Rudong coastal economic development zone. After the completion of the project, it will become the first application case of gravity energy storage technology in China, play a demonstration and leading role in the field of energy storage, and help Rudong, a national green energy demonstration county, form a new pattern of new energy industry with multi-level and multi field coordinated development.
Scientific and technological innovation enables zero carbon industrial chain, gravity energy storage and complete equipment manufacturing projects are invested and constructed by China Tianying Inc(000035) wholly-owned subsidiary Rudong Jinying New Energy Technology Development Co., Ltd. Among them, the construction scale of gravity energy storage project is 100mwh and the power generation power is 25MW. It is proposed to use the gravity energy storage system of EV company to build an energy storage tower to store and distribute renewable energy by lifting and reducing composite bricks, so as to provide power for the power grid or users. Composite bricks can be made of locally purchased soil, sand, coal ash, glass fiber in retired fan blades and other waste materials to realize recycling. The system is not only suitable for peak and frequency regulation of power, but also for the storage and utilization of new energy power. The construction scale of gravity energy storage complete equipment manufacturing project is more than 20 sets of annual production capacity, and the taxable sales will exceed 3 billion yuan and the tax per mu will exceed 200000 yuan.
In recent years, Rudong has accelerated the construction and improvement of a multi field coordinated development green energy industry system integrating resource development, equipment manufacturing and comprehensive utilization. China Tianying Inc(000035) with the participation of gravity energy storage, a leading and pioneering project, has added a strong driving force to promote a higher level of green development in Rudong. “The settlement of the project has opened a new chapter in Rudong’s green energy development under the background of ‘double carbon’, strengthened Rudong’s firm confidence in leaping and catching up under the background of the epidemic, promoted the substantive progress of reform under the background of industrial transformation, and built a new pattern of strong cooperation under the background of fierce competition in the energy storage field.” Chen Huiyu, Secretary of Rudong County Party committee, said that Rudong will continue to polish the business environment brand of “Pro business and business security, Tathagata and wish” with higher efficiency and better service, provide strong guarantee for the project construction, and promote the rapid construction and early production of the project with efficient nanny service.
On the day of signing and settlement of the project, Rudong coastal economic development zone established a China Tianying Inc(000035) gravity energy storage and complete equipment manufacturing project service special class headed by Li Jian, Secretary of the Party Working Committee, wall chart operation, and five “project nannies” to speed up the running state to start the relay of project approval, land acquisition and land delivery.
At present, the 10 billion wind power industry in Rudong coastal economic development zone has accelerated its rise, the core functional area of wind power home port has been completed and put into operation, and Dongfang Electric Corporation Limited(600875) – Three Gorges Group advanced equipment manufacturing (Rudong) Industrial Park and Shanghai Electric Group Company Limited(601727) and other wind power industrial projects have been settled. Last year, 12 wind farms were put into operation, with a total installed capacity of 3.7 million KW.
