Understanding the Market | RUIFENG RENEW rose over 10% as its subsidiary energy storage power station project entered the operational phase, with a cumulative transaction volume exceeding 150 million kilowatt-hours
RUIFENG RENEW's stock price rose by more than 10%, with an increase of 13.24% as of the time of publication, trading at HKD 0.77, with a transaction volume of HKD 4.8799 million. The company's subsidiary energy storage station project officially entered the operational phase on July 15, 2025, having completed a cumulative transaction volume of over 150 million kilowatt-hours. This project is a key construction project in Hebei Province, marking an important breakthrough in independent energy storage management in the northern Hebei region, providing a practical example for the national "dual carbon" goals
According to Zhitong Finance APP, RUIFENG RENEW (00527) has risen over 10%, and as of the time of publication, it is up 13.24%, trading at HKD 0.77, with a transaction volume of HKD 4.8799 million.
In terms of news, on September 5th, RUIFENG RENEW announced that the grid-side independent energy storage power station project, with a capacity of 300 megawatts/1.2 gigawatt-hours, invested and constructed by its subsidiary Hebei Ruifeng Yunlian Digital New Energy Co., Ltd. (Ruifeng Yunlian), has successfully completed the full-process market-oriented trading test and will officially enter the medium- and long-term electricity trading operation phase on July 15, 2025. The Ruifeng Gongqingfang energy storage power station is located in the Chabei Management District of Zhangjiakou City, Hebei Province, China, and is a key construction project in Hebei Province for 2025 as well as a demonstration project for the new power system in Zhangjiakou City. The successful operation of this project marks a zero breakthrough in the full-chain management of independent energy storage in the northern Hebei region, providing an important practical sample for the implementation of the national "dual carbon" goals.
The announcement stated that since July 7, 2025, the Ruifeng Gongqingfang energy storage power station project has continuously participated in green electricity trading in the Beijing-Tianjin-Tangshan power grid, direct electricity trading in the Beijing-Tianjin-Tangshan power grid, and user-side contract transfer trading, cumulatively completing a trading volume of over 150 million kilowatt-hours, and achieving considerable revenue in the capacity leasing market and electricity trading market
