>The tender attracted 76 bidders, with quoted prices ranging from >$60.5/kWh to $82/kWh, **averaging $66.3/kWh.** Notably, 60 of the bids were below $68.4/kWh, signaling competitive pricing trends in China’s energy storage market.
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>The tender specifies that **lithium iron phosphate (LFP)** battery cells with a nominal capacity of more than 280Ah must be used, achieving an **overall system efficiency of more than 85%.**
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>The tender attracted 76 bidders, with quoted prices ranging from >$60.5/kWh to $82/kWh, **averaging $66.3/kWh.** Notably, 60 of the bids were below $68.4/kWh, signaling competitive pricing trends in China’s energy storage market.
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>The tender specifies that **lithium iron phosphate (LFP)** battery cells with a nominal capacity of more than 280Ah must be used, achieving an **overall system efficiency of more than 85%.**
$66.3/kWh – Nice.