On June 1, the Government of Yangxi County signed a strategic cooperation agreement with Guangzhou Huining Times New Energy Development Co., Ltd., and CGN Power Sales Co., Ltd. The largest green energy storage power station project with a capacity of 2GW/5GWh. According to the director of CGN Power Sales, it plans to invest 12 billion yuan in Yangxi to build the world's largest 'Green Energy Storage Project' with a capacity of 2GW/5GWh. After the project is completed, it will be able to provide infrastructure services for the 7.3 million kW of offshore wind generation and other renewable generation projects in Yangxi County. And it will further enhance the grid's capabilities such as peaking regulation, frequency regulation, and accommodating more renewable generation in Yangxi County and even in western Guangdong, which will promote the development of the economy and society in Yangxi County.