JIC Leasing recently provided financial leasing services to an energy storage operator in Zhejiang Province to support its construction of a 19.6MWh energy storage power station for cooperative users.

The power station is used for user-side energy storage scenarios. The leased items consist of six energy storage battery compartments and three PCS integrated boosters; the main system integrator is a well-known enterprise. Through user-side energy storage, user enterprises are capable of discharging and charging using peak-valley price differences, effectively balancing the enterprise’s power load, achieving electricity savings and reducing carbon emissions.

After the project is put into operation, it will help alleviate the electricity “anxiety” of nearby enterprises, reduce the cost of electricity, and provide a continuous and stable guarantee for customers to manage and produce green power. In addition, it is of great significance for customers wishing to balance their demand charges, enhance the efficiency of energy consumption, and improve the overall quality and stability of the power system.

New energy storage is increasingly becoming the key technology for China to build a new energy and power system, as well as an important channel for promoting the transformation of energy production and consumption towards green and low carbon. As the demands on the power generation side, grid side and user side continue to increase exponentially, this new energy storage industry will usher in a wider development space. JIC Leasing will continue to provide financial support for the industry, give full play to leasing assets, and support the high-quality development of green and low-carbon industries, thus making valuable contributions to the energy technology revolution and accelerating the formation of new quality productivity.