Ronghe Yuanchu signs 15GWh energy storage module and system project with Yongkang City

On May 7, 2023, Ronghe Yuanchu, together with Ronghe Leasing, Qiyuanxin Power, Shanghai Electric Investment Ronghe and other ecosystem companies, attended the first advanced battery and energy storage industry development conference in Yongkang City.

At the meeting, Ronghe Yuanchu officially signed a contract with the Yongkang Municipal Government on a 15GWh annual energy storage module and system project, helping Yongkang City build a new energy development pattern integrating front-end R&D innovation, mid-end design and manufacturing, and back-end integrated applications, and gathering strong momentum for the new energy industry to take off.

The project will be implemented in two phases, with an annual capacity of 6GWh in the first phase and 9GWh in the second phase. It is expected to form a capacity scale of 15GWh energy storage modules and system projects in 2027. Ronghe Yuanchu will continue to launch high-quality, high-performance, and cost-effective products through its independently designed flexible production lines and rapid production and research conversion capabilities, providing strong support for the vigorous development of the new energy industry in Yongkang and surrounding areas.