[SMM Analysis] The First ESS Benchmark in 2025: China Huadian Corporation's Framework Procurement Tender for 6GWh ESS in 2025 Links to SMM Battery-Grade Lithium Carbonate Prices!

SMM has learned that on January 3, China Huadian Corporation released the tender announcement for the 2025 LFP Electrochemical ESS Framework Procurement. The estimated procurement capacity is approximately 6 GWh, including the supply and installation guidance of 0.5C and 0.25C LFP electrochemical ESS (including batteries). The capacity of individual battery cells is required to be ≥314Ah, with an overall warranty of five years.

The tender project is divided into one section. The estimated procurement capacity for this framework is approximately 6 GWh. The tender capacity is only an estimate, and during the execution of the framework, the tenderer does not guarantee the actual procurement capacity of this framework tender. The tenderer assumes no responsibility for discrepancies in actual procurement specifications, quantities, and the tender scope. The tenderer reserves the right to exclude certain projects from this framework procurement.

This centralised procurement adjusts the price of battery prefabricated cabins in this contract for shortlisted suppliers based on the price fluctuation of lithium carbonate (99.5% battery-grade) published on the official website of SMM (Shanghai Metals Market) (https://hq.smm.cn/new-energy/2620). When market price fluctuations become significant, and the tenderer determines that the original price adjustment mechanism is invalid, the tenderer will adjust prices according to the market tender prices of similar projects during the same period. Bidders must provide strict commitments in their bidding documents to comply with the tenderer's price adjustment requirements.

Submission deadline: 2025-02-05 09:00 (tentative, subject to clarification and further notice in case of changes).

Bid opening method: electronic bid opening.

Bid opening time: 2025-02-05 09:00 (tentative, subject to clarification and further notice in case of changes).

Bid opening location: China Huadian Corporation E-commerce Platform.

SMM has developed a scientific and comprehensive price assessment methodology, which is increasingly gaining market attention and recognition. With the growing influence of SMM prices, it provides more transparent price information for upstream and downstream enterprises in the industry chain, not only improving resource allocation efficiency but also enhancing market stability, effectively reducing transaction costs and market risks for enterprises.

Original text as follows:

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

Lianting Yang 021-51595835