A view of the booth of GCL during an expo in Shanghai. [Photo provided to China Daily] Full-scale construction has begun on East China’s largest pumped storage power station, with power generation scheduled to start before 2030, said its operator GCL Energy Technology Co Ltd. The project in Zhejiang province entails a total investment of … Continue reading Work begins on $1.76b power station
Tag: storage
Ganfeng Lithium inks JV deal in Turkiye
A worker operates on a production line at a lithium battery factory in Tangshan, North China’s Hebei province, Nov 29, 2020. [Photo/Xinhua] Ganfeng Lithium has announced a strategic partnership with Turkish battery maker Yigit Aku to establish a joint venture in Turkiye. The venture will invest $500 million to develop a lithium battery project with … Continue reading Ganfeng Lithium inks JV deal in Turkiye
Rolls-Royce partners with Chinese battery maker CATL
Rolls-Royce, a major British power and propulsion solutions provider, announced on June 19 a partnership with Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) to launch CATL’s new TENER product line in the European Union and the United Kingdom. TENER, according to its maker CATL, would be the world’s first mass-producible energy storage system … Continue reading Rolls-Royce partners with Chinese battery maker CATL
New Tesla energy storage plant breaks ground in development
Tesla’s energy storage plant in eastern Shanghai’s Lin-gang Special Area broke ground on Thursday. [Photo provided to chinadaily.com.cn] Tesla’s energy storage plant in eastern Shanghai’s Lin-gang Special Area broke ground on Thursday, marking a major progress forward of this facility – the US electric carmaker’s first of such facility outside its home country. Covering some … Continue reading New Tesla energy storage plant breaks ground in development
Tesla secures major construction permit
A view of a Tesla showroom in Shanghai. [WANG GANG/FOR CHINA DAILY] With its construction permit obtained on Monday, US electric vehicle maker Tesla’s energy storage project in Lin-gang, eastern Shanghai — the first of its kind outside the United States — is expected to break ground this month and enter mass production in the … Continue reading Tesla secures major construction permit
State Grid-led new energy project boosts high-tech development in Huainan
China’s first megawatt-hour-level aqueous sodium-ion battery recently completed its testing stage and has entered the production phase. The accomplishment is said to be a milestone move in the aqueous sodium-ion battery energy storage demonstration project in Shannan High-tech Zone, Huainan, Anhui province. Led by the State Grid Huainan Power Supply Company, the project is one … Continue reading State Grid-led new energy project boosts high-tech development in Huainan
IKEA banks on high-tech in China
A visitor checks out home furnishing products at the IKEA booth during the sixth China International Import Expo in Shanghai in November. [Photo/China Daily] Global furnishings and housewares giant IKEA is investing in automation, robotics and other technologies to help lower operational costs and continuously reduce product prices, while adding more convenience-centric stores in China’s … Continue reading IKEA banks on high-tech in China