On July 24, Dianbai Urban Transportation Investment Group (a state-owned enterprise under Maoming City) signed a framework agreement with China Southern Power Grid Energy Storage Co., Ltd. (CSG Storage) to jointly develop the Maoming Dianbai Pumped Storage Power Station.
Dianbai Pumped Storage Power Station Project (Photo: Dianbai Urban Transportation Investment Group)
Through equity participation, Dianbai Urban Transportation Investment Group will collaborate with CSG Storage to ensure the 7.767 billion yuan ($1.16 billion) project meets rigorous standards for construction and operation. This marks a pivotal step in the Group's transformation from a conventional infrastructure developer to an integrated clean energy operator.
With total investment reaching 7.767 billion yuan (approximately $1.16 billion), the project will feature an installed capacity of 1.2 gigawatts upon its scheduled launch in 2028. Designated as a provincial priority initiative, the station is designed to annually absorb up to 2.16 billion kilowatt-hours of clean energy—primarily from western Guangdong's burgeoning offshore wind sector—while enhancing grid flexibility for load balancing and emergency response.
Reporter: Deng Jianqing
Editor: Wei Shen, James, Shen He
