BEIJING--(BUSINESS WIRE)--The world's first 300 MW compressed air energy storage (CAES) demonstration project, "Nengchu-1," was fully connected to the grid in Yingcheng, central China's Hubei Province on Thursday, marking the official commencement of commercial operations for the power station. The project, invested and constructed by China Energy Engineering Group Co., Ltd., (CEEC), has set three world records in terms of single-unit power, storage capacity, and energy conversion efficiency. T...
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