Sichuan Chuantou Energy (600674.SH) plans to establish a joint venture company to invest in and operate a 60MW/120MWh energy storage project for industrial and commercial users in Sichuan Times.
26/02/2025
GMT Eight
Sichuan Chuantou Energy (600674.SH) announced that its subsidiary, Sichuan Chuantou (Panzhihua) New Energy Development Co., Ltd. (referred to as "Panzhihua New Energy"), plans to establish a joint venture with Chengdu Betop Digital Energy Technology Co., Ltd. (referred to as "Betop Digital Energy") and invest in the construction and operation of the Sichuan Times 60MW/120MWh commercial and industrial user-side energy storage project. The project has a total estimated investment of 115.04 million yuan, with project capital of 23.659 million yuan. Panzhihua New Energy will contribute 18.927 million yuan according to its share ratio.