Developed and financed by Tongliao Conch New Energy Co., a subsidiary of China's largest cement manufacturer the Conch Cement Group, the project – located in Naiman Banner, Tongliao – represents Inner Mongolia's largest single-site new-type storage facility. . A 500 MW/2,000 MWh lithium iron phosphate battery energy storage system has entered commercial operation in Tongliao, Inner Mongolia, after five months of construction, with total investment of CNY 1. From ESS News A. . PowerChina has begun construction on what is claimed to be the world's largest generation-side electrochemical energy storage project. It is reported that the project is being constructed by a consortium formed by Sinohydro Bureau 16 Co. The numbers are staggering: Mongolia is estimated to possess 656,000 tons of lithium reserves, and 8 exploration. . The groundbreaking ceremony for the Ordos Gushanliang 3GW/12.