Narada, EDF tie up in Chinese battery storage project

Chinese battery maker and energy storage solutions provider Narada Power Source Co Ltd has joined hands with a local unit of French renewables group EDF Renewables to develop battery storage projects in China. The parties have signed a cooperation agreement that builds on an earlier deal from September 2018, the Zhejiang-based company announced on 27 September 2019. The transaction included Narada’s sale of a 1.5-MW/12-MWh battery storage system in China’s Jiangsu province to EDF Renewables China. The new collaboration agreement envisages a functional expansion of the abovementioned project, further details about which were not provided. According to the statement, the battery system will provide up to 12,000 kWh of storage capacity per day to a nearby industrial park in Jiangsu.

Source : https://bit.ly/2ASocxn