Hydrogen + Storage

Funeng Technology plans to build a 30GWh new energy battery project

Seetao 2022-08-03 11:48
  • The project covers an area of ​​about 1,143 acres, and can achieve an annual production capacity of 30GWh of new energy batteries
  • The project is divided into two phases, the first phase of the 18GWh new energy battery project will be launched
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On August 1, 2022, Funeng Technology and the Ganzhou Economic and Technological Development Zone Management Committee signed the "Letter of Intent for Investment Cooperation", and the two parties reached an agreement on the relevant terms of the annual output of 30GWh new energy battery project in Ganzhou, Jiangxi Province of Funeng Technology. The project is divided into two phases. It is planned to be located in Ganzhou New Energy Science and Technology City, Jiangxi Province, with a total area of about 1,143 acres. After the project is completed, it can achieve an annual production capacity of 30GWh of new energy batteries.

According to the announcement, the amount of investment in this project is expected to be relatively large, and the project is divided into two phases. Among them, the first phase plans to build a 18GWh new energy battery project. The first phase of the project company initially plans to produce ternary soft pack power battery products; the second phase plans to build a 12GWh new energy battery project. The specific product types to be produced in the second phase. After completion, it will strongly support Ganzhou to accelerate the development of a new energy and new energy automobile industry of 100 billion yuan.

This time, the company will start the first phase of the 18GWh new energy battery project, and will launch the second phase of the 12GWh new energy battery project in due course according to the construction of the first phase of the project, customer orders, and capital arrangements.

Funeng Technology said that the project is conducive to the company’s realization of economies of scale, and it will play a positive role in the company’s acceleration of the release of power battery production capacity to meet the needs of downstream customers. It is beneficial for the company to further develop new businesses and new customers, thereby consolidating its market position, enhancing the company's comprehensive competitiveness, and conforming to the interests of all shareholders of the company.Editor/Zhao E