Beijing’s 798 Art Zone is currently seeking bids for a peak shifting energy storage demonstration project. According to the reports, the project is to be 0.5MW/1.5MWh in size and will rely on either NCM/NCA batteries or lithium iron phosphate batteries. Battery manufacturers that have been considered included Panasonic, BYD, and Lishen. The project has been given an estimated budget of 2.94 million RMB and an estimated construction time of 80 days.