KeLiYuan (600478.SH) subsidiary plans to invest 440 million yuan to build a 100,000 kilowatt mixed independent energy storage power station project in Dingxing County.

Wisdom Financial News APP, Keliyuan (600478.SH) announced that its controlling subsidiary, Dingxing Kuirui Smart New Energy Technology Co., Ltd., plans to invest in the construction of a 100MW/400MWh hybrid standalone energy storage power station project, with an estimated investment scale of 440 million yuan. The project is in line with national and Hebei province energy storage industry policies, and can effectively alleviate regional grid peak load pressure, ensure the integration of new energy and supply electricity security. It is also an important layout for the company to deepen its presence in the North China energy market and cultivate stable income sectors.