On December 27th, two projects of Zhejiang Yaoning Technology Group Co., Ltd. simultaneously made new progress within one day.
One is the commencement of the project. On December 27th, the foundation for the Yujiang 16 GWh energy storage system integration and energy operation trading center project of Xingneng Technology, a subsidiary of Yaoning Technology, began construction. The project is invested and constructed by Yaoning Technology with a total investment of Yuan 2 billion, covering an area of 200 acres and a total construction area of approximately 140,000 square meters. The main construction includes a production base for energy storage system series products and an energy operation and trading center, with a designed production capacity of 16 GWh. The first phase of the project has a production capacity of 4 GWh. After the project is fully completed, it is expected to have an annual output value of Yuan 7 billion and an annual tax payment of Yuan 150 million.
Secondly, a new project is put into operation. On the afternoon of December 27th, Yaoning New Energy Yingtan Base, a subsidiary of Yaoning Technology, was officially put into operation. The total investment of the project exceeds Yuan 10 billion, with a planned production capacity of 20 GWh. The first phase investment is Yuan 1.8 billion yuan to build a standardized intelligent production factory with a production capacity of 6 GWh.
On October 15th of this year, the first phase of the 6GWh mass production line at Yaoning Yancheng Lake Construction Base was put into operation. This project is a key layout of Yaoning New Energy for the Yangtze River Delta and East China markets, with a planned annual production of 12 GWh lithium-ion batteries and system assembly projects, with a total investment of approximately Yuan 10.23 billion.
Edited by Cassie Li, lixiangying@mysteel.com