The Dezhou City Ecology and Environment Bureau's Dexian Branch recently publicized the environmental impact assessment approval for the first phase of a 200MW/400MWh grid-forming shared energy storage demonstration project, signaling a significant step forward for C STRATEGIC TEC (01725.HK)'s energy storage initiative in the region.
The project involves a new shared energy storage power station with a total investment of 6 billion yuan. It is located on a specific plot in Dezhou and is designed to have a maximum charge/discharge power of 200 megawatts. The station will be equipped with 84 battery systems, predominantly lithium iron phosphate, supplemented by sodium-ion batteries, all connected through power conversion systems to a 220kV substation for grid integration.
Project Function and Purpose
The facility's primary role is grid peak shaving and valley filling, aimed at meeting power system regulation demands and stabilizing fluctuations from renewable energy sources like wind and solar power.
Project Development and Ownership
The project company, Shandong Runzhi Energy Storage Technology Co., Ltd., was established in April 2024 with a registered capital of 129 million yuan and serves as the investment vehicle for C STRATEGIC TEC in Dezhou. The project's foundation ceremony was held on January 31, marking it as the group's second energy storage station project to commence construction. It is being built by China Construction Third Engineering Bureau and is intended for grid-side regulation and renewable energy integration.
Strategic Context and Market Potential
This project aligns with Dezhou's early push into new energy storage, part of a broader regional effort that includes 18 demonstration projects. By the end of 2025, Dezhou's installed new energy capacity reached significant levels, with new energy generation accounting for a major portion of total electricity consumption. The completion of this station is expected to enhance grid stability and support Shandong's new power system construction. Recent national policy developments establishing a capacity pricing mechanism for independent energy storage mark a new phase for the sector, which this project exemplifies.
Corporate Background and Broader Strategy
C STRATEGIC TEC, founded in March 2017 and headquartered in Guangzhou, integrates aerospace technology with green energy and smart manufacturing. The group recently held an industrial layout发布会, signing agreements with strategic partners in areas including energy storage. Its executives have outlined a systematic布局 of large-scale energy storage projects in key national energy regions like Dezhou, Cangzhou, Weihai, and Yinchuan.
Financial Outlook and Future Plans
The group's 2025 annual report indicates that its energy and storage business is expected to enter a project implementation phase in 2026. The Dezhou and Cangzhou independent energy storage stations are anticipated to achieve grid connection conditions within the year and could become示范性 projects in the grid-side storage field. Concurrently, the group is planning an equipment manufacturing base for integrated energy storage systems, aiming to create a synergistic model of "equipment manufacturing + power station operation" with projects in Dezhou and Canghou to enhance overall competitiveness.
According to the group's medium-term development plan, C STRATEGIC TEC targets adding 16GW to 22GW of new energy storage capacity over the next three years, aiming to build a high-quality asset base worth approximately 10 billion yuan to support the development of the new power system and carbon reduction goals.
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