From ESS News
Chinese vanadium redox stream battery specialist Hunan Yinfeng New Energy is seeking to make investments CNY 11.5 billion ($1.63 billion) in creating a significant manufacturing facility in Inner Mongolia.
The mission is predicted to play a significant function in selling the adoption of vanadium redox stream batteries, probably the most promising large-scale power storage applied sciences attributable to their lengthy life cycle, distinctive security, and environmental credentials. .
Hunan Yinfeng signed late final month a strategic settlement with Baotou City Government and Jiuyuan District Government to develop an all-vanadium liquid stream industrial park mission, which shall be delivered in two phases.
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