A major 1.4GWh shared energy storage station project in Guyuan, Ningxia, with a total investment of 1.45 billion yuan, has been declared invalid due to serious procedural errors discovered during a self-review of the tender process. According to an announcement on April 7 from the China Tendering and Bidding Public Service Platform, the two-phase project—located in Jiangkou Village, Pengbao Town, Yuanzhou District, Guyuan City—was a key initiative for the Ningxia Hui Autonomous Region slated for 2025. To expedite project advancement, authorities invalidated the tender after identifying significant failures in the bidding agency's work.
Key reasons for the annulment include: 1. The bidding agent, Guyuan Zhonghongde Industrial Technology Co., Ltd., was found to lack proper registration on the provincial construction market supervision platform and did not employ qualified professionals. Under China’s Bidding Law, tenders organized by unqualified agents are invalid, rendering any winning bid legally void. 2. As energy infrastructure critical to grid security and public interest, the project must be tendered through the Ningxia Public Resource Trading Platform, as stipulated by local regulations. 3. Core procurement requirements and fundamental bidding conditions have undergone substantial changes.
Separately, local media reported that a groundbreaking ceremony for the shared energy storage station was held on January 17. The project, with a capacity of 250MW/1000MWh and 100MW/400MWh, is funded by Ningxia Hengdong New Energy Technology Co., Ltd. and Guyuan Zelingrun New Energy Technology Co., Ltd.—both subsidiaries of GUOXIA TECH (02655.HK). GUOXIA TECH, founded in 2019 and listed on the Hong Kong Stock Exchange in December 2025, specializes in AI-driven renewable energy solutions and energy storage systems for large-scale power grids, commercial, and residential applications.
In related news, a new energy storage battery project in Baotou, Inner Mongolia, was also recently invalidated. On March 2, the procurement result for the People's Holdings Baotou 10GW new energy storage battery project was annulled due to an unsigned authorization letter and insufficient qualified bidders. That project, with a budget of 1.5682 million yuan, is developed by Inner Mongolia Zhongtong Energy Co., Ltd., a subsidiary of People's Holdings Group, and involves a total investment of approximately 3 billion yuan.
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