Comtec Solar Systems Group Ltd. Announces Strategic Investment in 150MW Flywheel-Lithium Battery Energy Project in Shanxi, PRC

Reuters
29 May
Comtec Solar Systems Group Ltd. Announces Strategic Investment in 150MW Flywheel-Lithium Battery Energy Project in Shanxi, PRC

Comtec Solar Systems Group Ltd. has announced a strategic investment in a new energy project in Fushan County, Shanxi Province, China. The project, known as the Fushan Project, focuses on a flywheel-lithium iron phosphate battery hybrid energy storage system. It will have a total capacity of 150MW, including 20MW/2MWh flywheel energy storage and 130MW/200MWh lithium battery energy storage. The feasibility study is expected to be completed by May 2025, with construction anticipated to commence in the second half of 2025. This initiative builds upon Comtec's previous investment in the Shanxi Flywheel Project, as the company continues to expand its energy storage and solar operations.

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