Shanghai Electric Energy Storage Technology Co., Ltd. Signed The Yancheng Likai 300MWh Energy Storage Power Station Project

On the afternoon of March 4, the signing ceremony of advanced energy storage technology research and development and equipment manufacturing projects was held in Tinghu District, Yancheng City. Xia Sijun, Deputy Mayor of Yancheng City, Secretary of the Party Working Committee of Yancheng Economic and Technological Development Zone, and Secretary of the Tinghu District Committee, delivered a speech. Sheng Yan, Deputy Secretary of the Tinghu District Committee and District Chief, presided over.
At the ceremony, the advanced energy storage technology research and development and equipment manufacturing project, the Yancheng Likai 300MWH energy storage power station project, the capital increase agreement of Shanghai Electric Energy Storage Technology Co., Ltd., and the joint venture agreement between Shanghai Electric Energy Storage Company and Shanghai Yueda New Industrial Group were signed. Among them, the advanced energy storage technology research and development and equipment manufacturing industry project is jointly invested by Shanghai Electric Energy Storage Technology Co., Ltd. and Jiangsu Yueda Group Shanghai Yueda New Industrial Group Co., Ltd., with a total investment of 5 billion yuan. It is planned to be settled in Yancheng Environmental Protection Technology City ;The demonstration project of Likai Energy Storage Power Station is constructed by the joint venture company of Shanghai Electric Energy Storage Technology Co., Ltd. and Shanghai Yueda New Industrial Group Co., Ltd. The total investment of the project is 500 million yuan. The project construction scale is an energy storage power station of 300WMh, which provides supporting services for Likai company to reduce consumption and increase efficiency.
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