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On November 18, Shenzhen Jiabai New Energy Technology Co., Ltd., a fully-owned subsidiary of Jiawei New Energy, officially signed a contract for the 'Source-Grid-Load-Storage + AI Virtual Power Plant' project in Lingling District, Yongzhou City, Hunan Province. The project involves a total investment of approximately 650 million yuan. This initiative marks another tangible step in Jiawei New Energy’s rollout of its 'Source-Grid-Load-Storage + Virtual Power Plant' project across Central China. It is set to deliver a range of advantages to Lingling District, encompassing the development of an energy digital platform, cost savings and improved efficiency, reliable power supply, promotion of green energy, as well as increased tax revenue and job creation.
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