On December 12, Urumqi Gan Quanbao Economic and Technological Development Zone signed a strategic cooperation framework agreement with Wei Lide Group. The all-vanadium flow battery energy storage equipment base project with an investment of 1 billion yuan will start construction in February next year. The first phase of construction scale of the 100MW capacity is expected to be completed and put into production in mid-2022. After the project is completed, more than 300 people can be employed.
Wei Lide Energy has a number of core technologies and intellectual property rights such as GW-level flow battery R&D and manufacturing capabilities, energy storage multi-power complementary and control systems, and intelligent stack production lines. As a member of the National Flow Battery Standards Committee, it has participated in the formulation of 6 national-level flow battery industry standards. Currently, it has deployed factories in Sichuan, Xinjiang, Ningxia, and Gansu.
During the “14th Five-Year Plan” period, Wei Lide plans to cooperate with the Gan Quanbao Economic and Technological Development Zone to build an intelligent manufacturing base for tens of billions of vanadium redox flow battery energy storage equipment and a source of energy storage technology in Xinjiang. At the same time, the all-vanadium redox flow battery energy storage technology will be promoted throughout Xinjiang, and the market share will be continuously expanded, helping the capital to achieve the goal of “carbon peak” and “carbon neutrality”.
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