**Groundbreaking Ceremony for Jiangsu Suqian's 200MW/400MWh Energy Storage Power Station Project**

**[Jiangsu Suqian 200MW/400MWh Energy Storage Power Station Project Kicks Off]** According to Beijixing Energy Storage Network, on the morning of November 8, the groundbreaking ceremony for the 200MW/400MWh energy storage power station project of Suqian Xinchu Technology Co., Ltd. was held in the Suzhou-Suqian Industrial Park in Suqian City, Jiangsu Province. Officials from State Grid Jiangsu Electric Power Co., Ltd. Suqian Power Supply Branch, GCL Poly Energy Technology Co., Ltd., and Jiangsu Suda Tiangong Venture Capital Management Co., Ltd., as well as comrades-in-charge from various bureaus, offices, and stationed agencies in the park, attended the event.

The project, with a total investment of RMB 1 billion and occupying an area of 40 acres, has the capability to independently participate in grid frequency regulation and peak shaving. It aligns with the national "multi-energy complementarity" development policy and can assist the park in establishing a "multi-energy complementarity" power supply structure. It will play a significant role in the energy storage layout of the entire city and even the province.