Envision Energy invests 1 billion yuan to build a smart energy storage base

Envision Energy recently launched a smart energy storage equipment manufacturing industrial base construction project in Dangchang County, Gansu Province, with a total investment of approximately RMB 1 billion. The base is expected to have an annual production capacity of 1 GWh of smart energy storage products and 1 GWh of battery pack components. In addition, the base is expected to generate annual operating income of approximately RMB 1.5 billion and contribute approximately RMB 30 million in taxes to the local government.