Asia Energy Storage Industrial Park Project

What is envision industrial park?

The industrial park, built by major domestic green technology business Envision Group, will use 100 percent renewable energy, including solar, wind power and energy storage, for production and operation activity by high energy-consuming industries.

How much is China's 'no-zero industrial park' worth?

After more than one year's development since the net-zero industrial park was launched last year, the project currently houses a wind power plant as well as battery and hydrogen energy production, with an estimated annual output value of 100 billion yuan ($14.5 billion), the company added.

Will Sembcorp build Southeast Asia's largest energy storage system?

Sembcorp Successfully Commissions Southeast Asia’s largest Energy Storage System”, December 23, 2022. Based on independent assurance provider DNV’s global database of 4,210 ESS projects totalling 32GWh and publicly available information as of January 5, 2023 for a comparable size utility-scale ESS (same or higher rating and same design).

Why are industrial parks important?

Li Ting, managing director and chief representative of the Rocky Mountain Institute's Beijing office, said industrial parks are the best places for industrial upgrading and technological model innovation, and play a pivotal role in China's energy transition and dual carbon strategy.

How big is China's new battery plant?

The project started construction in November 2022. Phase I investment of 7 billion yuan, covers an area of 385.79 acres, with a total construction area of about 170,000 square metres, and the construction of four 10GWh battery production lines.

Is Asia ready for a net-zero industrial transition?

Asia's industrial sector accounts for over 35 percent of global annual carbon emissions, and the region is very pivotal to the net-zero industrial transition worldwide, said a report of United Nations Economic and Social Commission for Asia and the Pacific.