Polaris Energy Storage Network learned that on April 25, the list of winning candidates for the procurement of the 50MW/100MWh energy storage system equipment for the China Resources Power Nansha Standalone ESS Power Station Project was announced. The first winning candidate is BYD Auto Industry Co., Ltd., with a bid price of 52.58 million yuan, equivalent to a unit price of 0.526 yuan/Wh. The second winning candidate is Beijing HyperStrong Technology Co., Ltd., with a bid price of 52.3409 million yuan, equivalent to a unit price of 0.523 yuan/Wh. The bid inviter is Guangzhou China Resources Thermal Power Co., Ltd. The project is located within the premises of Guangzhou China Resources Thermal Power Co., Ltd. in Huangge Town, Nansha District, Guangzhou City, Guangdong Province. This tender is for the procurement of 50MW/100MWh energy storage system equipment. China Resources Power Nansha Standalone ESS Power Station Project 50MW/100MWh Energy Storage System Equipment Procurement Announcement of Winning Candidates Announcement No.: SZBHX202504250047 The procurement of 50MW/100MWh energy storage system equipment for the China Resources Power Nansha Standalone ESS Power Station Project (Section No.: S12000825SZ0001P1) has completed the evaluation process through public tender, and the results are announced as follows: I. Project Overview Project Name: China Resources Power Nansha Standalone ESS Power Station Project Section Name: 50MW/100MWh Energy Storage System Equipment Procurement Section No.: S12000825SZ0001P1 Bid Inviter: Guangzhou China Resources Thermal Power Co., Ltd. Tender Agency: China Resources Shouzheng Tendering Co., Ltd. II. Evaluation Results 1. First Winning Candidate: BYD Auto Industry Co., Ltd. 1.1 Bid Price: 52,580,000.00 yuan 1.2 Quality: Meets the requirements of the tender documents 1.3 Construction Period/Delivery Date/Service Period: Meets the requirements of the tender documents 1.4 Project Leader Information: Name: -- Certificate Name: -- Certificate No.: -- 1.5 Qualifications: Meets the requirements of the tender documents 1.6 Performance: 2. Second Winning Candidate: Beijing HyperStrong Technology Co., Ltd. 2.1 Bid Price: 52,340,900.00 yuan 2.2 Quality: Meets the requirements of the tender documents 2.3 Construction Period/Delivery Date/Service Period: Meets the requirements of the tender documents 2.4 Project Leader Information: Name: -- Certificate Name: -- Certificate No.: -- 2.5 Qualifications: Meets the requirements of the tender documents 2.6 Performance: 3. Third Winning Candidate: / 3.1 Bid Price: / 3.2 Quality: / 3.3 Construction Period/Delivery Date/Service Period: / 3.4 Project Leader Information: / 3.5 Qualifications: /

A 50MW/100MWh grid-side energy storage station, the first phase project in Jiande, Hangzhou, has successfully connected to the grid.

[Steel Tender Update - High-Carbon Ferrochrome] Chongqing Steel announced the tender price for low-carbon ferrochrome in February 2025. FeCr55c15 low-carbon ferrochrome (Cr≥60%, C≤0.15%, Si≤2.0%, P≤0.06%, S≤0.03%, particle size 10-50mm) is priced at 13,200 yuan/60 base mt (tax-included, factory acceptance). The tender procurement quantity is 99 mt, with the delivery date required before February 28, 2025.

[Steel Tender Update - High-Carbon Ferrochrome] Chongqing Iron & Steel has announced a new tender price for low-carbon ferrochrome. The FeCr55C15 low-carbon ferrochrome (Cr≥60%, C≤0.15%, Si≤2.0%, P≤0.06%, S≤0.03%, particle size 10-50mm) is priced at 13,250 yuan/60 base mt (tax-included, factory acceptance). The price rose slightly by 50 yuan/60 base mt MoM from the previous round (February 11, 13,200 yuan/60 base mt). The tender procurement quantity is 99 mt.

On April 14, the winning bid result for the PV flexible support equipment of the Jintan 50MW tea-PV complementary project was announced. The bid winner was Jiangsu Guoqiang Xingsheng Energy Technology Co., Ltd., with a winning bid amount of 3,924,000 yuan. The tender announcement indicated that this section was for the PV flexible support equipment of the Jintan 50MW tea-PV complementary project of Huaneng Jiangsu Company. This procurement included 18MW of PV flexible support, comprising materials (including but not limited to end columns, support columns, end beams, support beams, cables, connectors, fixings, anchor cables, adjustment rods, cables, and all necessary components and spare parts of conventional flexible supports, as well as special tools if any), 65μm thick galvanizing or 275g/m² aluminum-magnesium-zinc coating, material processing, support design, testing and inspection, technical services (including foundation design and on-site guidance during installation), participation in design liaison meetings, and after-sales services. The construction site is located in the southeast of Maolu Village, Xuebu Town, Jintan District, Changzhou City, Jiangsu Province. This project is a supply guarantee project of Huaneng Jiangsu Company, and full-capacity grid connection is expected to be completed by May 30, 2025. The supply is to be completed by April 20, 2025, and the delivery date should meet the needs of unit construction and commissioning, with the specific delivery date subject to the written notice from the bid inviter.

U.S. energy company NorthStar Clean Energy has secured financing for construction-to-term to support the development of a 250MW solar PV project in Michigan. The financing secured, which amounts to $334 million, will be used to develop the 200MW Branch Solar project in Branch County, Michigan, and the 50MW Genesee Solar project in Genesee County.