Updates on ZTT BESS Deployments

　　[Updates on ZTT BESS Deployments] BESS can play a wide variety of roles. In the case of grid-scale systems, today typically provide grid balancing services to grid operators, balance peaks and troughs in energy prices by trading in the electricity market, and provide capacity under agreements as with other renewables like solar and wind.

　　What is BESS? Why needs BESS?

　　Indeed, it’s easy to understand what Battery Energy Storage is: it’s, to put it bluntly, the “battery” of the electricity system. The development of BESS is essential for a true energy revolution.

　　The world has experienced four energy crises. Mankind has gradually come to understand the relationship between energy and economic development, social stability, and even national power competition.

　　The solution to the energy crisis requires both supply and consumption. Energy storage is the key to solving this problem. On the one hand, the “peak” role of energy storage can guarantee the security of the energy supply. On the other hand, the “peak” role of energy storage can enhance the capacity of new energy consumption, to achieve the ultimate goal of cutting peaks and filling valleys and promoting the development of a new energy industry.

　　Alongside players focusing on different parts of the industry chain, a category of energy storage players with full-stack capability is slowly emerging. Full-stack capability means that energy storage players can explore the entire industry chain on their own. This includes Battery cells, PCS, BMS, and EMS. ZTT New Energy is one such player.

　　US$167 Million ZTT BESS Deployments Added

　　Firstly, large-scale energy storage projects total approximately US$132 million.

　　Jiangsu BESS Project – 200MW/400MWh, including battery container, inverter boost prefabricated chamber, EMS, etc.

　　Hunan BESS Project – 100MW/200MWh, including the battery container, BMS system, cabinet, fire protection, HVAC, etc.

　　Gansu BESS Project – 120MW PV power generation project with energy storage, the procurement is 24MW/48MWh energy storage system equipment, including battery container and inverter booster integrated machine, etc.

　　Hainan BESS Project – 100MW agricultural and solar complementary demonstration project, which supports a 25MW/50MWh energy storage system.

　　Secondly, the total telecommunications energy storage project is approximately 35 million US dollars.

　　China Mobile 2022 to 2024 lithium iron battery for telecommunications centralized procurement (the first batch), tender for a total size of 558.6 million Ah. ZTT New Energy won 13.53% of the tender, ranking second. Which with a winning bid of approximately USD 35 million (actual amount subject to subsequent implementation).

　　About ZTT New Energy

　　ZTT has been pioneering the energy storage industry since 2008, insisting on the R&D and manufacturing concept of a green, safe, and high-performance energy storage system.

　　Based on the product + market double stack, ZTT New Energy is committed to becoming a “world-class energy storage system integration solution provider”.

　　In fact, ZTT already has rich industry experience and product advantages in the field of energy storage. It entered the energy storage market with communication backup power in 2012 and participated in the construction of grid-side energy storage power plants in 2018. Continuously accumulating project experience and building a number of BESS projects “the most” on the grid side and user side.

　　Conclusion

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