Shunfa Hengneng: intends to invest about 205 million yuan to build a energy storage project in Xinxiang, Henan province.

Sunfa Hengneng announced that it plans to invest approximately 205 million yuan in the construction of a energy storage project in Xinxiang, Henan Province. The project will mainly consist of building an energy storage power station in Xinxiang City, Henan Province, with a capacity of 100MW/200MWh. The energy storage batteries will use lithium iron phosphate batteries, and the battery system and power conversion system of the energy storage station will be arranged in external container layout. The construction period of the project is approximately 5 months, and the funding will come from its own capital.