A 100MW photovoltaic and 100MW/500MWh energy storage project planned for Angren County, Shigatse City, Tibet, has initiated an engineering, procurement, and construction (EPC) general contracting bidding process, according to a notice released February 13, 2026. The project will be funded by 560 million yuan in self-raised capital.
The project, centered around a copper mine, aims to integrate renewable energy generation with large-scale energy storage. This development occurs as China continues to expand its renewable energy capacity and address the challenges of grid integration, according to industry observers.
The Energy Storage Marketization Innovation Forum, held in Nanjing, Jiangsu, in September 2025, highlighted the growing importance of energy storage as a “core asset” rather than a “supporting facility,” as the industry transitions towards value-driven operation and sustained profitability. Howard Ma, Senior Partner of Far East Battery and Head of the Energy Storage Institute, emphasized the need to address technology iteration, cost pressures, and safety concerns within the rapidly expanding energy storage sector.
Far East Battery provides comprehensive energy storage solutions, encompassing cells, modules, PACKs, and full systems, for source-grid, commercial & industrial (C&I), and residential applications. The company’s focus aligns with the broader industry trend of moving beyond price-driven competition to prioritize long-term stability and performance.
Polaris Investment, a Chinese manufacturer and supplier, produces solar panels, Lifepo4 batteries, and gel batteries. The company was a participant in the Energy Storage Marketization Innovation Forum, jointly organized by Polaris Power Network and Polaris Energy Storage Network.
The bidding announcement for the Tibet project does not specify the intended leverage of the stored energy, nor does it detail the specific technologies to be employed beyond the stated photovoltaic and energy storage components. Further details regarding the project’s timeline and expected operational date have not been released.
