[SMM Analysis] Weekly Price Trend Analysis of DC-Side ESS Battery Cabin, 2.28-3.06

[SMM Analysis] This week, the price fluctuation of DC-side battery cabins was relatively small. The average price of 5MWh DC-side battery cabins was 0.43 yuan/Wh, while the average price of 3.44/3.77MWh DC-side battery cabins was 0.438 yuan/Wh. After the release of Document No. 136, most integrators scheduled production in an orderly manner based on orders before the 5.30 period, while a small number of manufacturers aimed to achieve a rush for installations before the period. The supply of 314Ah ESS battery cells tightened, causing slight price fluctuations for some ESS battery cells. Overall, battery cell prices remained relatively stable, and the prices of DC-side battery cabins were minimally affected, maintaining relative stability.

On March 3, the winning bid result for the 100MW/400MWh ESS project EPC general contracting by Kelamayi Ganghong Energy Storage Technology Co., Ltd. was announced. The project plans to build a 100MW/400MWh ESS power station 120 meters southeast of the Baijiantan 220kV substation in Baijiantan District, Kelamayi City. The first winning bidder quoted 438 million yuan, with a converted unit price of 1.095 yuan/Wh. The second winning bidder quoted 448.64 million yuan, with a converted unit price of 1.1216 yuan/Wh. The third winning bidder quoted 449.223 million yuan, with a converted unit price of 1.1231 yuan/Wh.

SMM New Energy Industry Research Department

Cong Wang 021-51666838

Xiaodan Yu 021-20707870

Rui Ma 021-51595780

Ying Xu 021-51666707

Disheng Feng 021-51666714

Yujun Liu 021-20707895

Yanlin Lü 021-20707875

Zhicheng Zhou 021-51666711

Haohan Zhang 021-51666752

Zihan Wang 021-51666914

Xiaoxuan Ren 021-20707866

Yushuo Liang 021-20707892

Jie Wang 021-51595902

Yang Xu 021-51666760

Boling Chen 021-51666836