Zhongchu Guoneng Technology Co., Ltd. (ZCGN) has switched on the world's largest compressed air energy storage project in China. The $207.8 million energy storage power station has a capacity of 300 MW/1,800 MWh and uses an underground salt cave.
  • Wanderer@lemm.ee
    11·
    6 months ago

    The renewables movement will be won on finances and nothing else.

    It is anticipated that the project will yield an internal rate of return on capital of about 16.38%, with a payback period of around 7.1 years.

    That sounds really promising.