The on-site promotion meeting will be held at the New Energy Storage Battery Production and Application and New Energy Industrial Park in the High tech Zone. This project is a major project in Shandong Province in 2025, covering an area of 1280 acres, with a total investment of 5 billion yuan and a construction area of 880000 square meters. It relies on the new energy storage industry foundation of the high-tech zone, such as vanadium flow batteries, flywheel energy storage systems, and integrated energy storage systems for light storage, combustion, and charging. It introduces gathering research and development testing institutions and upstream and downstream supporting enterprises to create a first-class smart energy equipment production base in China.

  The first phase of the project covers an area of 170 acres with an investment of 1.6 billion yuan. It mainly constructs an energy storage equipment production workshop and a new energy research and development testing center. It introduces leading domestic production lines for liquid flow energy storage batteries and integrated energy storage equipment for light storage, combustion, and load. It also builds a national level new energy storage demonstration power station, which is planned to be officially put into operation in June next year. After the completion of the project, it can attract more than 40 enterprises to settle in, with an annual output of 30000 sets of green, low-carbon, smart energy equipment and new energy storage batteries, and an annual charging and discharging capacity of 350 million kilowatt hours.

  It is reported that the project has deep cooperation with well-known enterprises such as the National Energy Group and the State Power Investment Group, relying on the approved national level new energy storage demonstration power station and municipal key laboratory, to build the first market-oriented operation of a 100 megawatt all vanadium liquid flow independent energy storage power station in China, and the first long-term liquid flow battery independent energy storage power station in Shandong Province. After the project reaches its production capacity, the annual sales revenue will be 10 billion yuan, the profit will be 1 billion yuan, the tax revenue will be 600 million yuan, and 1000 job opportunities will be provided.

  National Energy Investment Group Co., Ltd. (National Energy Group)

  Background: Established in 2017 through the merger of China State Grid Corporation and Shenhua Group, it is a typical case of central enterprise restructuring and integration.

  Core business:

  Traditional energy: the world's largest coal production enterprise (with an annual output of over 500 million tons) and the largest thermal power generation enterprise (with a thermal power installed capacity of approximately 280 million kilowatts).

  Comprehensive energy: covering areas such as coal electricity integration, railway transportation (such as Shuohuang Railway), coal chemical industry (coal to oil/gas), etc.

  New energy: The installed capacity of renewable energy such as wind power and photovoltaics is about 50 million kilowatts (as of 2022), accelerating the green transformation.

  Strategic positioning: Ensure energy security with coal, maintain power stability with coal-fired power, and promote the large-scale development of clean energy.