Foxconn invests 7 billion yuan to develop energy storage and other businesses

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Foxconn and Asahi Capital jointly invested 2 billion yuan to establish a green energy asset management company to develop new energy business in mainland China. At the same time, the two parties set up a green energy development fund with a scale of 7 billion yuan to plan energy storage, wind power, solar energy and other businesses, striving to obtain 8 billion kWh of green electricity rights each year.