On March 5, the Development and Reform Commission of Damao Banner of Inner Mongolia announced the results of the new independent new energy storage construction project in Damao Banner of Baotou City from 2026 to 2027. Damaoqi Xiangpeng 500,000 kW/2 million kWh Energy Storage Power Station Project was selected, with a declared scale of 500 MW/2GWh. The owner of the project is Baotou Zhengxin Xiangpeng Energy Storage Co., Ltd.

It is known that Baotou Zhengxin Xiangpeng Energy Storage Co., Ltd. is a joint venture of Baotou Zhengxin Energy Management Co., Ltd., Inner Mongolia Mingsheng Energy Co., Ltd. and Mengxi New Energy Development (Damao Banner) Co., Ltd. They are all wholly state-owned companies.
In fact, the announcement is a supplement to the list of previously publicized projects. According to
the publicity information, Damao Banner of Baotou City has previously publicized the preferred results of the new independent new energy storage construction projects in Damao Banner of Baotou City from 2026 to 2027 from January 14 to January 16, 2026. According to the relevant requirements of the autonomous region and Baotou City, the consortium needs to set up a territorial company, and now the project of setting up a territorial company will be publicized
. On January 14, 2026, the Development and Reform Commission of Damao Banner in Inner Mongolia also issued the preferred results of the new independent energy storage construction project in Damao Banner of Baotou City from 2026 to 2027. Damao Banner Xiangpeng 500MW/2 million kWh Energy Storage Power Station Project, Kailin River 500kV Substation 200MW/800MWh Grid Side Independent Energy Storage Power Station Project of Mengxi New Energy Development (Damao Banner) Co., Ltd., Three major projects of Damao Banner 300MW/1.2 million kWh energy storage demonstration project of Bohe Company were selected, with a total scale of 2GW/4G Wh. Implementation List

of Baotou City from 2026 to 2027
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