同力日升20250309

Summary of Conference Call on Tongli Risheng's Strategic Collaboration with Qingyang Government Company and Industry - Company: Tongli Risheng - Industry: Energy Storage and Data Center Management Key Points and Arguments - Strategic Framework Agreement: Tongli Risheng signed a strategic framework agreement with the Qingyang government to establish a 2GWh production capacity in Huachi County and a 1GWh energy storage station in Xifeng District aimed at reducing electricity costs and meeting local energy consumption requirements [3][3][3] - Collaboration with China Mobile: The 1GWh storage capacity is based on the operational demand of 50,000 computing units, primarily in collaboration with China Mobile and its subsidiaries to provide reliable and economical power supply for data centers [3][5] - Cost Reduction and Reliability: The proposed wind-solar-storage direct supply solution aims to replace traditional diesel generators, increasing the green energy ratio and significantly lowering electricity costs while ensuring 24/7 operation [3][6] - Energy Efficiency: The storage system can effectively replace part of the high-capacity diesel generators, enhancing energy utilization efficiency and reducing initial investment [3][7] - Supply Reliability Calculations: Detailed calculations are necessary to ensure supply reliability and fault rates, with a target reliability of 99.99% for data center power supply [3][8] - Green Power Direct Supply: The focus is on the reliability of supply at exchange points and the proportion of green energy, with ongoing discussions about replacing diesel generators with integrated wind-solar-storage solutions [3][9] - Technological Advantage: The company’s core advantage lies in calculating system unreliability through fault rates, which is a significant barrier in the industry [3][10] - Projected Production Timeline: The new lithium iron phosphate storage station is expected to be operational in Q3 or Q4 of the current year, with economic benefits to be evaluated post-verification of demonstration projects [3][11] - Economic Benefits of Storage Stations: A 1GWh storage station can participate in local electricity market transactions, with a payback period of approximately four years in Jinan and six to seven years in Shandong [3][12] - Future Expansion Plans: The current 1GWh storage station is primarily for backup power, with potential future expansions into frequency regulation and integration into the overall grid load storage plan [3][13] - Investment Requirements: The investment for a planned GWh-level storage project is estimated to be close to 1 billion RMB [3][14] - Market Considerations in Qingyang: The local electricity market is still developing, and the company aims to establish a presence while observing market trends, with expectations of favorable returns due to government support [3][15] Other Important but Possibly Overlooked Content - Market Potential in Qingyang: As one of the eight major computing power centers, Qingyang's electricity market is viewed as having significant potential, especially with the support of local government initiatives [3][12][15]