Jiangsu Province announces the first batch of key construction virtual power plant directory, several projects of XinAio Energy Technology have been selected.

Recently, the Jiangsu Provincial Development and Reform Commission issued a notice on promoting the high-quality development of virtual power plants in the province, and announced the first batch of 100 key virtual power plant projects. Among them, as an important participant in virtual power plants, GCL New Energy Holdings Limited's first batch of projects include GCL virtual power plant, Zhongxin virtual power plant, Wuxi Guoxin power sales virtual power plant, and three strategic cooperation projects, with a total aggregated capacity of 222.86 million kilowatts, accounting for 13.1% of the total capacity of the first 100 projects; a total capacity increase of 84.56 million kilowatts, accounting for 30.7% of the total, both data ranks among the top in Jiangsu province. It is reported that in November this year, GCL New Energy launched the "Polaris AIVP" virtual power plant platform, which covers a three-level smart system of "city-operator-enterprise", realizing full-process intelligence from grid demand forecasting to transaction strategy recommendation, providing rich scenario applications and solid technical support for virtual power plants to participate in various power markets and integrated energy services. With the support of this platform, GCL New Energy will further help companies save energy, reduce carbon emissions, improve quality, and enhance efficiency, injecting new vitality into the construction of a new power system and the continuous optimization of energy structure in Jiangsu Province.