Total investment of 2 billion yuan! GW-level vanadium flow battery and industrial chain base project signed in Huaibei, Anhui



Source: China Energy Storage Network News, 8 April 2024

On the morning of 3 April, Anhui Huaibei Xiangshan Economic Development Zone and I-battery Energy Technology (Suzhou) Co., Ltd. held a signing ceremony for the "GW level vanadium flow battery and industrial chain base" project at the Xiangshan District government, marking a new breakthrough in the development of the energy storage industry in Xiangshan District.

The total investment of the project is 2 billion yuan, divided into three phases. The landing of the project will further promote the production of large-scale energy storage products, not only filling the blank of the energy storage industry in Xiangshan District but also play an important positive role in building the industrial chain of "new energy + energy storage power station + energy storage equipment manufacturing" in Xiangshan District. This is of great significance for the layout of the new energy storage industry in Xiangshan District and the introduction of new energy storage enterprises.