Xinte Electric Energy Storage System

Will Xinte energy expand its polysilicon capacity?

TBEA-owned Xinte Energy ’s poly division has announced it will invest around RMB17.6 billion (US$2.8 billion) to expand its polysilicon capacity by another 200,000 metric tons. The expansion plan approved by the board of TBEA today envisages the construction of a new factory in Changji county, in the Xinjiang Uygur autonomous region.

Will Xinte Energy Invest in raw polysilicon?

Raw polysilicon set for refining at a Xinte Energy facility. Image: Xinte Energy. ‘Solar Module Super League’ (SMSL) members JinkoSolar and JA Solar are to invest in polysilicon provider Xinte Energy’s 100,000 ton facility in Inner Mongolia, receiving priority access to the polysilicon produced as a result.

Where is Xinte energy's new polysilicon plant located?

Xinte Energy’s existing major hub for polysilicon production is an 80,000MT facility in Urumqi, Xinjiang. The plans, which have yet to go through site selection and approval with the Baotou Municipal Government, include an initial polysilicon plant with an annual capacity of 100,000MT, requiring an investment of RMB8.0 billion (US$1.24 billion).

How much money will Xinte Energy Invest in China?

TBEA said around RMB8.8 billion will come from the initial public offering of Xinte Energy on China's stock market while the remaining amount will come from bank loans.

What are the advantages of electrical energy storage?

Electrical energy storage offers two other important advantages. First, it decouples electricity generation from the load or electricity user, thus making it easier to regulate supply and demand. Second, it allows distributed storage opportunities for local grids, or microgrids, which greatly improve grid security, and hence, energy security.

What are the benefits of large-scale electrical energy storage systems?

Certainly, large-scale electrical energy storage systems may alleviate many of the inherent inefficiencies and deficiencies in the grid system, and help improve grid reliability, facilitate full integration of intermittent renewable sources, and effectively manage power generation. Electrical energy storage offers two other important advantages.