Spot prices for LFP cells reached $97/kWh in 2023, a 13% year-on-year decline, while installation costs for base station battery systems fell below $400/kW for the first time. Cost reductions from battery manufacturing scale have been decisive.
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This acts as the “blood supply” of the base station, ensuring uninterrupted power. It includes: AC distribution box: Distributes mains power and offers surge protection. Switch-mode power supply: Converts and stabilizes power while managing DC output.
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On December 29, 2024, with the energized operation of all equipment in the 750 kV Desert Substation, the 750 kV Dingzikou Transmission and Transformation Project, a supporting power grid project for the "Shagohuang" large-scale wind power and photovoltaic base in.
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The upgrade costs include the base station equipment upgrade and platform construction (detailed cost breakdown in Table S8), totaling an estimated cost of 195.
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