[SMM Analysis] Weekly Price Trend Analysis of DC-Side ESS Battery Cabin, 2.21-2.27

[SMM Analysis] This week, the price of DC-side battery cabins remained stable. The average price of 5MWh DC-side battery cabins was 0.43 yuan/Wh; the average price of 3.44/3.77MWh DC-side battery cabins was 0.438 yuan/Wh. The prices of 280Ah and 314Ah ESS battery cells remained stable, with overall price fluctuations of DC-side battery cabins being relatively small.

On February 21, the bid candidates for the EPC general contracting project of the power grid-side standalone ESS demonstration project in Huade County, Ulanqab, Inner Mongolia, were announced. The project is expected to be constructed in Huade County, Ulanqab, Inner Mongolia, with a planned capacity of 100MW/400MWh, including 90MW/360MWh electrochemical storage and 10MW/40MWh hydrogen storage. The first bid candidate quoted 4.2998 billion yuan, with a converted unit price of 1.075 yuan/Wh. The second bid candidate quoted 4.3907 billion yuan, with a converted unit price of 1.098 yuan/Wh. The third bid candidate quoted 443.3723 million yuan, with a converted unit price of 1.108 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

Bolin Chen 021-51666836