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Lyon Group & China Huadian to Bring Stable Renewable Energy to Asia

Power News - Published on Tue, 15 Oct 2019

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Lyon Group announced that it has signed an agreement with China’s second largest power generation company, China Huadian Corporation, to co-develop and invest in power generation with integrated battery energy storage systems in China, Australia and other Asian markets. The agreement brings together an alliance to co-develop stable renewable energy including Japan’s JERA Co Inc with whom Lyon and China Huadian each signed separate agreements in 2018.

The new agreement documents Lyon and China Huadian’s current focus on:
Specific BESS retrofit opportunities in China and two other Asian countries, based on detailed plant-specific assessments
China Huadian’s intention to co-develop, purchase, finance and construct Lyon’s advanced integrated solar battery power stations in Australia, as lead EPC contractor via subsidiary China Huadian Engineering Co. Ltd, one of the world’s leading renewable EPC companies.

The new agreement also covers:
Integration of long-duration BESS into new and existing China Huadian projects in China and in other Asian nations, to overcome the unstable power output of renewables, avoid curtailment, increase efficiency of exiting plant and ensure future renewable projects integrate BESS
Development and acquisition of new and existing renewable power generation, as well as supplementation of existing thermal generation

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Posted By : Rabi Wangkhem on Tue, 15 Oct 2019
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