Core Viewpoint - Envision Energy has signed an EPC agreement with Kallista Energy to build a 120MW/240MWh lithium iron phosphate battery storage project in France, marking a significant step in its expansion into the European market [1] Group 1: Project Details - The project is set to commence construction in June 2025 and will provide peak shaving services to the French grid through RTE's reserve market [1] - Envision Energy will deploy its complete set of DC, AC systems, and PCS, along with a long-term service agreement (LTSA) of no less than 14 years to ensure operational continuity [1] Group 2: Strategic Importance - France is identified as a key market in Envision's European strategic layout, and the collaboration with Kallista Energy is seen as a crucial milestone in this development [1] - The project aims to support grid stability and accelerate the transition to renewable energy through safe, reliable, and scalable smart storage solutions [1] Group 3: Kallista Energy Overview - Kallista Energy, established in 2005, is an independent renewable energy producer involved in the entire value chain of renewable energy, including development, financing, construction, operation, and project retirement or upgrade [1] - The company currently operates 40 wind and solar power plants and electric vehicle charging stations in France, the Netherlands, and Germany, with 90 high-speed charging stations under construction [1] Group 4: Industry Position - Envision Energy is recognized as a global leader in smart energy storage system integration, ranking third in system shipments worldwide in 2024 [2] - The company focuses on developing full-stack, full-industry chain, and full-lifecycle service capabilities to contribute to a safer and more reliable net-zero future energy system [2]

Group 1 - The core viewpoint of the article highlights the successful bid for a 100MW/200MWh energy storage project by China Electric Power Design Institute, indicating a growing trend in the energy storage sector [1] - The project utilizes lithium iron phosphate batteries, which are becoming increasingly popular due to their safety and efficiency [1] - The winning bid was priced at 27,164,000 yuan, translating to a unit price of 1.358 yuan/Wh, reflecting the competitive pricing in the energy storage market [1] Group 2 - In the first quarter, new energy storage projects added 5.03GW/11.79GWh of capacity, marking a significant development in the industry [2] - The April energy storage index observed a divergence in profitability, with leading companies demonstrating stronger risk resistance [2] - The "Energy Storage Industry Research White Paper 2025" predicts that by 2030, China's new energy storage market will exceed a cumulative installed capacity of 200GW, indicating robust growth potential [2]