July 20, 2023: Narada wins a Rmb 1.61 billion ($221 million) tender to provide lithium iron phosphate battery tech to state-owned China Tower.
The lead and lithium battery maker stated the tender was for the deliberate BESS.
Narada didn’t disclose particulars of the deal however stated it has gained bids and signed agreements for BESS tasks totaling 5.5GWh because the begin of this yr.
Additionally on July 5, the corporate signed a brand new power tasks cooperation settlement with Jiuquan Metropolis in China (pictured).
Narada stated it continues to give attention to the event and use of power storage expertise — which inserts Jiuquan’s “industrial blueprint” for town.
Town is a crucial nationwide demonstration website for the enlargement of recent power expertise together with wind and photo voltaic amenities within the area, Narada stated.
On Might 23, the corporate’s Narada Vitality subsidiary introduced the signing of a Rmb 290 million contract to provide a lithium ESS to China’s Energy Building Company.
