Energy storage bid winner

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China’s independent power producer CGN New Energy has announced the results of its 2025 procurement for lithium iron phosphate (LFP) battery energy storage systems, which will be installed alongside solar and wind plants as well as standalone facilities.

The procurement exercise has attracted 50 battery energy storage companies but only seven have emerged as winners. The lowest bid stood at CNY 0.458/Wh ($63/kWh). China’s independent power producer CGN New Energy has announced the results of its 2025 procurement for lithium iron phosphate (LFP).

Sixteen battery energy storage projects with a combined capacity of 4.13 GW / 15.37 GWh have been named as the winners of the Australian government’s latest Capacity Investment Scheme tender. The Australian government’s Capacity Investment Scheme (CIS) has delivered another boost to the nation’s.

The federal government has announced 16 winners of its landmark tender for “dispatchable generation” – the biggest ever held in the country – confirming battery storage as the overwhelming success of Australia’s green energy transition. Federal energy and climate minister Chris Bowen made the.

Australia has taken a decisive step in reshaping its electricity grid, awarding more than 15 GWh of battery energy storage projects in what marks the country’s largest procurement round to date. The outcome of the third Capacity Investment Scheme (CIS) tender highlights both the scale of ambition.

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