Ge-zhou-ba-Zhong-ke Energy Storage Technology Co., Ltd.

Ge-zhou-ba-Zhong-ke Energy Storage Technology (Beijing) Co., Ltd. was founded in April 2014 by IET and Gezhouba Group to promote the transformation of scientific and technological achievements in the field of energy storage.

The company registered capital is CNY 114.26 million, of which IET’s investment of CNY 34.26 million as proprietary intellectual property rights, and after completing the equity incentive, IET shares 21%. The company is committed to the key technology research, system integration and industrialization promotion of large-scale compressed air energy storage technology, and to provide customers with the world's leading energy storage solutions in energy supply side.

In 2018, the company will build the world's first commercial operation advanced compressed air energy storage power station in Wuhan. The generating power is 10MW, which can continuously generate electricity for 1h and will realize power generation in 2019.

In 2019, compressed air energy storage peak-regulating power station project has started construction in Feicheng, Shandong Province, the first phase of which is 50MW/300MWh with a total investment of about CNY 500 million. Besides, the salt cavern compressed air energy storage project in Pingdingshan, Henan Province, with a total scale of 100MW/800MWh, has been registered locally.

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