Guoxuan High-tech and China Three Gorges Corporation cooperate to build an integrated photovoltaic and storage project

Guoxuan High-tech and China Three Gorges Corporation signed a cooperation agreement in Huai'an Industrial Park, Jiangsu Province to jointly invest in an integrated photovoltaic and storage project. The project will cover multiple fields such as energy storage battery production, shared energy storage power stations, and centralized photovoltaic power stations. As an old provincial development zone in Jiangsu Province, Huai'an Industrial Park has a growing demand for new energy forms such as energy storage power stations. Guoxuan High-tech is a leading domestic new energy vehicle power battery company. In recent years, it has achieved remarkable results in the energy storage business. In the first half of 2023, the energy storage business revenue exceeded 4 billion yuan, accounting for 27.21% of the total revenue.