Kunyu Power launched an electrochemical energy storage project with an investment of RMB 4.5 billion

On April 11, Jiangsu Kunyu Electrochemical Energy Storage Project started construction in Jiangsu Yangkou Port Economic Development Zone. The project is invested by Kunyu Power Co., Ltd. with RMB 4.5 billion, covers an area of ​​300 mu, and is expected to produce 12GWh of electrochemical energy storage batteries annually. After reaching full production, the annual sales revenue will be about RMB 6 billion. The implementation of this project will provide a strong driving force for optimizing the local industrial structure, extending the industrial chain, expanding the industrial scale, and promoting the development of industrial clusters.