Asia
Huadian Liaoning Energy Development to Invest in Power Storage JV
Huadian Liaoning Energy Development (SHA:600396) subsidiary Huadian Liaoning Energy Development will invest 169.7 million yuan in a power storage project joint venture, according to a Thursday filing with the Shanghai bourse.The contribution is proportional to its 85% stakeholding in the Huachuang (Duolun) New Energy Technology, the filing said.The JV operates a 200 megawatt/800 megawatt-hour grid-forming lithium iron phosphate energy storage station and a 220-kilovolt station, the filing said.
SHA:600396
