China Power International Development Ltd. has announced a connected transaction involving the procurement of energy storage system equipment for a major project in Xinjiang, China. The company’s non-wholly owned subsidiary, Xinyuan Smart Storage, has entered into a contract to supply battery energy storage systems $(BESS)$ to Tuoli Company for the Tacheng Project. This project features a 250MW/1,000MWh energy storage facility designed to provide backup power for an onshore wind power generation project with an estimated installed capacity of 1,000MW, located in Tuoli County, Tacheng Prefecture, Xinjiang Uygur Autonomous Region. The initiative aims to enhance grid reliability and support renewable energy integration in the region.
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