Linyang energy storage factory

Who is Linyang energy?

Shanghai-listed Linyang Energy has announced the signing of an agreement with the government of Bengbu City, in Anhui province, to build a renewable energy complex comprising a 1.5 GW solar farm, a 500 MW wind power plant, and a 400 MW/800 MWh energy storage facility.

Will Linyang energy build a new solar factory?

Linyang Energy has revealed plans to build a new solar factory in Jiangsu province, while Daqo has said it will build a new silicon production base in Inner Mongolia. Linyang Energy has revealed that it has signed an agreement with the government of Nantong, Jiangsu province, to build a 20 GW solar module factory.

Where is Linyang energy building a lithium phosphate battery factory?

In November, Linyang Energy commissioned a 10 GWh lithium iron phosphate battery factory in Jiangsu. Daqo said on thar it will soon move forward with the construction of a 100,000-metric-ton (MT) production base in Baotou, Inner Mongolia. The CNY 9.2 billion project is the second phase of a 200,000 MT polysilicon hub it is developing in the area.

Is Linyang a good stock to buy?

Linyang was listed in Shanghai Stock Exchange on 8th August, 2011 representing through stock code 601222.SH. These great potentials enable Linyang to achieve a great amount of market value. Linyang has offered a variety of world-class products and solutions, covering Smart Energy, Energy Storage and Renewable Energy.

How much will Linyang invest in renewables projects?

According to Linyang’s statement, the renewables projects will be integrated with local industry and will include fishpond aquaculture and agriculture. The company wants to invest around RMB10.8 billion (US$1.67 billion) in the project, which is scheduled for completion within four years.