Suzhou Industrial Park Aims for 70+ MW of New Distributed PV & 10+ Distributed ESS Projects by 2025

Published: Jan 10, 2025 17:35
[Suzhou Industrial Park: Over 70 MW of Newly Added Distributed PV and More Than 10 Distributed ESS Projects in 2025] On January 7, Suzhou Industrial Park issued the "Suzhou Industrial Park Industrial Enterprises Green and Low-Carbon Development 2025 Action Plan." It stated that by 2025, the energy consumption and carbon emissions per unit of industrial added value for enterprises above a designated size are expected to meet the "14th Five-Year Plan" reduction targets, maintaining an advanced level domestically. The distributed PV grid connection capacity is expected to exceed 480 MW, with more than 150 enterprises achieving municipal-level or higher green manufacturing honors. A number of near-zero carbon industrial parks and (near) zero-carbon factory demonstrations are expected to be established, forming a series of ESG practice experiences.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Japan Revises Battery Strategy
7 hours ago
Japan Revises Battery Strategy
Read More
Japan Revises Battery Strategy
Japan Revises Battery Strategy
According to a report by the Yomiuri Shimbun on June 2, Japan’s Ministry of Economy, Trade and Industry will hold an expert meeting on the same day to discuss and announce a revised version of its “Battery Industry Strategy.” The new strategy is based on a detailed forecast that the global battery market will roughly double from 2025 to 2035, reaching JPY 46 trillion. Accordingly, the Japanese government has set a target to increase the global battery-related revenue of Japanese battery manufacturers to JPY 6 trillion, about three times the current level of less than JPY 2 trillion.
7 hours ago
Samsung SDI converts part of U.S. battery joint venture plant to LFP for ESS
7 hours ago
Samsung SDI converts part of U.S. battery joint venture plant to LFP for ESS
Read More
Samsung SDI converts part of U.S. battery joint venture plant to LFP for ESS
Samsung SDI converts part of U.S. battery joint venture plant to LFP for ESS
Samsung SDI is converting part of the production lines at StarPlus Energy, its U.S. electric vehicle battery joint venture plant, to produce lithium iron phosphate (LFP) batteries for energy storage systems (ESS). The conversion applies to part of the lines at StarPlus Energy Plant 1. Rather than adding a separate new production line, Samsung SDI is modifying existing high-nickel nickel-cobalt-aluminum (NCA) battery lines to accommodate LFP battery production.
7 hours ago
[Lithium Battery: Wanrun New Energy Adjusts Repurchase Plan For 100,000-Ton Cathode Material Project]
8 hours ago
[Lithium Battery: Wanrun New Energy Adjusts Repurchase Plan For 100,000-Ton Cathode Material Project]
Read More
[Lithium Battery: Wanrun New Energy Adjusts Repurchase Plan For 100,000-Ton Cathode Material Project]
[Lithium Battery: Wanrun New Energy Adjusts Repurchase Plan For 100,000-Ton Cathode Material Project]
On June 1, Wanrun New Energy issued an announcement stating that it plans to sign a supplementary agreement on asset repurchase with Hubei Shiyan Haoshuo New Energy Technology Co., Ltd. This agreement will adjust the repurchase period, amount, and payment method for assets related to its annual 100,000-ton battery cathode material project, aiming to optimize project financing costs through bank replacement financing. The asset delivery for this project was completed in May 2024. Based on a comprehensive evaluation conducted by Kunyuan Asset Appraisal Co., Ltd., the total value of the project's assets is approximately 1.076 billion yuan. As of now, Wanrun New Energy has paid 360 million yuan in repurchase investment, with an outstanding balance of approximately 716 million yuan.
8 hours ago
[Suzhou Industrial Park: Over 70 MW of Newly Added Distributed PV and - Shanghai Metals Market (SMM)