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  1. Market Data
September 2, 2021

Golden Tower Thermal Energy Storage System, China

By Carmen

The Golden Tower Thermal Energy Storage System is a 100,000kW energy storage project located in Jinta, Gansu, China.

The thermal energy storage project uses molten salt as its storage technology. The project was announced in 2016 and will be commissioned in 2021.

Description

The Golden Tower Thermal Energy Storage System is being developed by China Three Gorges New Energy and SunCan. The project is owned by China Three Gorges New Energy (100%), a subsidiary of China Three Gorges.

The key applications of the project are renewables capacity firming and renewables energy time shift.

Contractors involved

China Three Gorges New Energy is the owner. China Three Gorges New Energy and SunCan are the developers.

Additional information

Type of storage: 2-tank indirect.

About China Three Gorges New Energy

China Three Gorges New Energy Co Ltd (China Three Gorges New Energy) is a subsidiary of China Three Gorges Corp. The company is a investment, development and management services provider which focuses on development of domestic and international wind power, solar power and other new energies projects. China Three Gorges New Energy is headquartered in Beijing, China.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

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