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The Chinese State Grid company is to join the energy storage seekers this year according to state news agency Xinhua this week.
The State Grid is set to build a pilot integrated renewable energy power storage system this year utilising battery technology. The demonstration project is to be built in Zhangjiakou, Hebei and speculators predict the build costs will be circa 20 billion yuan ($2.9 billion).
Read: China Pilots Battery Storage Project