Jingye New Energy Huaxi Special Steel 15MW/30.09MWh Energy Storage Station: A Benchmark for Steel & New Energy

The Tangshan Huaxi Special Steel 15MW/30.09MWh energy storage station has been connected to the grid, and in its first 15 days of operation it generated over 300,000 yuan in profit — showing the commercial potential of energy storage in high-energy-consuming industries such as steel.

One-stop delivery, built and operated by Jingye

The Tangshan Huaxi Special Steel 15MW/30.09MWh energy storage station was invested in, built, and is operated by Jingye New Energy on a one-stop basis. The project started on 15 February 2025 and completed planning, construction, installation, and grid-connection commissioning in about two months, entering trial operation in mid-April 2025. Following Northern Hebei's time-of-use pricing, it runs two charge–discharge cycles per day, shifting about 50,000 kWh daily through peak shaving and valley filling.

Investment & Returns

With a total investment of about 32.5 million yuan, the project's economics can be viewed two ways:

• If the steel plant self-invests: about 8 million yuan per year, an estimated 3.9-year payback, and around a 26% IRR.
• Under Jingye's build-own-operate model (85% revenue share): about 6.95 million yuan per year for Jingye, an estimated 4.6-year payback, and roughly 69.5 million yuan in savings over the system's ~10-year life.

In its first 15 days connected to the grid, the station generated over 300,000 yuan in profit.

Technology

The station uses Jingye New Energy's independently developed 5MWh liquid-cooled energy storage module, compatible with mainstream battery cells and using high-efficiency composite cooling for up to 90% system efficiency. Safety is protected by multi-level self-fusing and real-time monitoring, achieving millisecond-level response to thermal runaway.

About Jingye New Energy

Jingye New Energy focuses on energy storage system integration and CCS busbars. Its project capabilities are backed by the Level 2 General Contracting Qualification for Electric Power Engineering, an Engineering Design Qualification, a Construction Enterprise Qualification, and a Permit for Installation (Repair, Testing) of Power Facilities.

Frequently asked questions

How much does the Huaxi energy storage station earn?
About 8 million yuan/year if a steel plant self-invests (3.9-year payback, ~26% IRR), or about 6.95 million yuan/year for Jingye New Energy under its build-own-operate model with an 85% revenue share (4.6-year payback).

How big is the station and how was it built?
15MW/30.09MWh, using 6 × 5.015MWh liquid-cooled containers with 6 × 2.5MW integrated PCS. Jingye completed it in about two months, from a 15 February 2025 start to mid-April 2025 trial operation.

How does energy storage cut a steel plant's costs?
By charging during cheap off-peak/valley hours and discharging during expensive peak hours (peak shaving and valley filling), the plant lowers its electricity bill without disrupting production.