The Luneng Solar Thermal Project – Molten Salt Thermal Energy Storage System is a 50,000kW energy storage project located in Qinghai, China.
The thermal energy storage project uses molten salt as its storage technology. The project was announced in 2017 and was commissioned in 2019.
The Luneng Solar Thermal Project – Molten Salt Thermal Energy Storage System was developed by SEPCOIII Electric Power Construction.
The key applications of the project are renewables capacity firming and renewables energy time shift.
CMI Energy and SEPCOIII Electric Power Construction have delivered the project.
Luneng Group Co., Ltd is the owner of the project. The project is a part of the Chinese 23 multi-energy projects and will combine CSP, PV and wind, a unique mix of renewable energies on the same site.
About SEPCOIII Electric Power Construction
SEPCOIII Electric Power Construction Co Ltd (SEPCOIII), a subsidiary of Power Construction Corporation of China Ltd, is a construction company that offers power plant construction services. The company’s services include designing, consulting, construction, procurement, engineering, operation, operating services, commissioning, and maintenance services. Its operating services comprise engineering, procurement, construction and operations, procurement management contracting, build-own-operate, build-operate-transfer services and others. SEPCOIII offers its services for thermal, nuclear, hydro, gas, transformer substation, biomass, wind, solar energy, photovoltaic, sea water desalination, and other power plants. The company has its operations in Nigeria, Saudi Arabia, India, Jordan, Oman, Iraq, Bosnia and Herzegovina, Egypt, and Morocco. SEPCOIII is headquartered in QingDao, Shandong, China.
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.