On January 1, the 100MW/200MWh energy storage project in Wuwei, Anhui, developed by Global Logistic Properties Ltd.(GLP), was successfully connected to the grid.

Recently, the 12th Saudi Arabia Smart Grid Conference (SASG 2024) was held in Riyadh, Saudi Arabia. Linyang Energy, in partnership with Energy Care Company (ECC), was honored to attend the summit as a featured signing enterprise.

On December 3, Zhuangzhi Fang, Senior Vice President of Linyang Energy, attended the BloombergNEF Summit in Shanghai, where he participated in an in-depth dialogue on the theme "Optimizing Clean Energy Revenue Amid Reform Turbulence". Mr. Fang shared insightful strategies for addressing the impact of renewable energy integration into electricity markets on the industry's outlook.

Located in Gongpo Town, Wenchang City, Hainan Province, this project features a 25MW/50MWh electrochemical energy storage system. It comprises multiple storage units, each integrating battery containers and converter-step-up transformer containers, alongside supporting systems such as BMS, electrical cabinets, fire protection, HVAC, and internal cabling.

In August, Yonghua Lu, President of Linyang Group and Chairman of Linyang Energy, led the company’s international business executives on a visit to Germany’s Hoppecke Group. Following productive discussions, both parties reached a consensus, culminating in the signing of a Strategic Cooperation Memorandum by Dr. Marc Zoellner, CEO of Hoppecke Group, and Yonghua Lu. This marks a new chapter in their collaboration.

On the occasion of Indonesian President Prabowo’s recent visit to China, a strategically significant signing ceremony between leading Chinese and Indonesian companies took place in Beijing. Linyang Energy(601222.SH) signed Memorandums of Understanding(MOU) with Indonesia’s Arsari Group and PT Perusahaan Listrik Negara(PLN), marking a new milestone in collaborative efforts to drive sustainable development.