[SMM Analysis] This week, the price of DC-side battery cabins remained relatively 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 fluctuated slightly, and the overall price of DC-side battery cabins remained stable.
On February 18, the bid-winning candidates for the procurement of battery cabins and auxiliary equipment for the electrochemical energy storage joint frequency regulation project of Shenzhen Energy Hehe Power (Heyuan) Co., Ltd. were announced. The project plans to build a 20MW/20.872MWh electrochemical energy storage system in the Phase I plant area of Heyuan Power Plant to achieve AGC frequency regulation auxiliary services for joint thermal power units. The first bid-winning candidate quoted 12.21 million yuan, with a unit price of 0.585 yuan/Wh. The second bid-winning candidate quoted 12.63 million yuan, with a unit price of 0.605 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



