Energy-Efficient Wind Power Energy Storage Project Lands Again; Hohhot Project Approved to Boost Profitability

Recently, the 250,000 kW / 1,000,000 kWh grid-side independent energy storage demonstration project in Hohhot New District,申报 by Energy Saving Wind Power (601016), has successfully been included in the first batch of independent new energy storage construction projects in Inner Mongolia for 2026 and has received approval. This project approval is an important achievement for the company’s deep cultivation in the energy storage sector. Relying on industry market-oriented policy benefits and advantages in large-scale deployment, it will further improve the “wind power + energy storage” business matrix, create new profit growth points for the company, and enhance long-term investment value.

The approved Hohhot project is located in Hohhot New District, with significant geographical advantages. It plans to build a 4-hour lithium iron phosphate (LiFePO4) electrochemical energy storage station. Following the full-capacity grid connection of the 200MW/800MWh independent energy storage station in Luzimiao, Inner Mongolia, this marks another important layout in Inner Mongolia’s energy storage market. It will form regional synergy with existing energy storage assets, further enhancing the company’s resource integration and market-oriented revenue capabilities in regions rich in new energy.

Currently, the new energy storage industry is entering a critical window for market-oriented development. The national level has clarified the capacity electricity price mechanism for grid-side independent energy storage, achieving “equal pay for coal power and energy storage.” Combined with local discharge subsidies, electricity spot price differences, and ancillary service revenues, this creates a multi-dimensional profit model, significantly increasing the revenue certainty of energy storage projects. The 4-hour energy storage project in Hohhot precisely aligns with industry technological development and policy guidance, allowing full benefit from policy dividends and demonstrating good profit prospects.

As a pioneer in the wind power industry with a state-owned enterprise background, Energy Saving Wind Power has a solid fundamental foundation, strong financial strength, and mature project operation capabilities, providing a solid support for expanding energy storage business. The approval of the Hohhot project is also an important practice for the company to seize industry opportunities and deepen the integrated development of “wind power main business + energy storage” and “new energy +.”

The implementation of the Hohhot energy storage project is a key measure for Energy Saving Wind Power to implement its new energy industry layout. Once completed and put into operation, it will effectively enhance regional grid peak regulation and new energy absorption capacity. Relying on a stable market-oriented profit model, it will become a new profit growth point for the company. In the future, the company will continue to seize the opportunities of large-scale development in the new energy storage industry, accelerate the construction and operation of approved energy storage projects, continuously optimize regional deployment of energy storage business, fully leverage the resources and project operation advantages of central enterprises, deeply explore the profitability potential of energy storage, and further enhance the company’s overall competitiveness and long-term investment value, creating sustainable returns for shareholders. (Yan Yun)