[SMM Analysis] Weekly Price Trend Analysis of ESS DC-Side Battery Cabin, 0210-0214

[SMM Analysis] In early February, DC-side prices slightly declined, with the average price of 5MWh DC-side battery cabins at 0.43 yuan/Wh, and the average price of 3.44/3.77MWh DC-side battery cabins at 0.438 yuan/Wh. Influenced by the "Notice on Deepening the Market-Oriented Reform of New Energy On-Grid Tariffs to Promote High-Quality Development of New Energy" issued by the National Development and Reform Commission (NDRC) and the National Energy Administration on January 27, DC-side battery cabin prices face pressure risks, and short-term price fluctuations are expected.

This week, the bid-winning candidates for the EPC general contracting project (second bidding) of the 150MW/300MWh standalone ESS power station project (Phase I) in Guzhen Town, Zhongshan City, were announced. China Construction Third Engineering Bureau First Construction Engineering Co., Ltd. was listed as the first candidate with a bid price of 258.04 million yuan, corresponding to a unit price of 1.29 yuan/Wh for the bidding scale of 100MW/200MWh. The project adopts the EPC general contracting model, requiring the winning bidder to undertake all tasks related to the construction of the energy storage system, including survey and design, equipment and material procurement and supervision; site preparation, outgoing line works, civil and installation works, system integration, commissioning, trial operation, grid connection testing of the electrochemical ESS power station, production handover acceptance, and final acceptance; grid connection, fire design filing and review with the Ministry of Housing and Urban-Rural Development, and passing the acceptance inspections of the tenderer, the power grid, and energy authorities.

According to the announced bid-winning candidates, the second candidate is Guangxi Construction Engineering Group Second Installation Construction Co., Ltd., with a bid price of 2.799 billion yuan, corresponding to a unit price of 1.4 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