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26 Oct
07:03

CATL, Zhongcheng Dayou sign energy storage deal

Chinese battery giant CATL announced it has reached a CNY 10 billion ($1.37 billion) energy storage deal with China's state-owned Zhongcheng Dayou, Kallanish learns.  According to the agreement, during the period of the fourteenth and the fifteenth five-year period, which covers 2021-2030, the two companies will launch cooperation in energy storage of no less than 3.5 gigawatt-hours. The two sides are still in active negotiation with an aim to form a new…
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