Gaoping, Shanxi, China Signs Agreement with Yimeng Investment Group to Build Grid-Side Energy Storage Project
2026-06-02 17:32
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en.Wedoany.com Reported - On May 30, Xu Hao, Deputy Secretary of the Gaoping Municipal Committee and Mayor of Gaoping City, Shanxi Province, held a working meeting with Wu Peishan, Party Secretary and Chairman of Yimeng Investment Group Co., Ltd. During the meeting, the Municipal Investment Promotion Center signed a project cooperation agreement with Jincheng Guosong Energy Co., Ltd., a subsidiary of Yimeng Investment Group. The two parties will adhere to the principles of complementary advantages, resource sharing, and mutual benefit to jointly build a grid-side energy storage project. Leveraging advanced energy storage technology, the project aims to enhance the regional new-type power system, promoting the large-scale and clustered development of Gaoping's green and low-carbon industries.

Yuan Liangliang, Member of the Standing Committee of the Municipal Committee and Executive Deputy Mayor, presided over the meeting, and Xiang Yang, Member of the Standing Committee of the Municipal Committee and Deputy Mayor, attended the event.

On behalf of the Municipal Committee and Municipal Government, Xu Hao welcomed Wu Peishan and his delegation. He stated that in recent years, Gaoping has focused on the "1+4" modern pillar industries, continuously optimizing the business environment and gathering high-quality industrial resources. The city is steadfastly advancing the optimization and upgrading of its energy structure, committed to building a clean, low-carbon, safe, and efficient modern energy system. The signing of this project will not only enhance the regional power grid's peak-shaving and frequency-regulation capabilities and the level of new energy consumption, but also drive the clustered development of upstream and downstream industries such as energy storage equipment, supporting manufacturing, and operation and maintenance services. This will inject momentum into cultivating new productive forces in the green and low-carbon sector and accelerating industrial transformation and upgrading. Gaoping will regard this project as a key municipal project, providing full-cycle, all-round, and round-the-clock services to facilitate its early commencement, construction, grid connection, and realization of benefits. Xu Hao also expressed hope that this cooperation would serve as a bond to deepen pragmatic collaboration between the two parties in multiple fields, achieving mutual benefit and win-win results.

Wu Peishan introduced the project details. He noted that Gaoping boasts a profound cultural heritage, a beautiful environment, abundant resources, and broad development prospects. Yimeng Investment Group will fully implement the agreement's content, strengthen communication and coordination, refine promotion measures, and accelerate project construction with all efforts, striving for the project's early completion and operational benefits to contribute to Gaoping's high-quality economic and social development.

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