Beijing Creative Distribution: Plans to Invest EUR 42.8137 million in the Construction of an Energy Storage Project

Published: Mar 17, 2026 10:04
On March 11, 2026, the Company convened the 19th meeting of the eighth Board of Directors and approved the investment in and construction of the 99 MW/198 MWh energy storage project in Valcea, Romania through its third-tier holding subsidiary, Greenet Plant S.R.L. The total investment in this project will not exceed EUR 42.8137 million (the final total investment will be subject to the actual investment). The total investment amount involved is the planned investment scale and may be adjusted subsequently based on specific circumstances such as fundraising, project progress, and filing and approval procedures. There is a risk that the actual investment amount may differ from the investment plan.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Landslide Occurred in the Safi Copper-Cobalt Mine Area in the DRC
Common.Time.hoursAgo
Landslide Occurred in the Safi Copper-Cobalt Mine Area in the DRC
Read More
Landslide Occurred in the Safi Copper-Cobalt Mine Area in the DRC
Landslide Occurred in the Safi Copper-Cobalt Mine Area in the DRC
A landslide occurred in the Saffi copper-cobalt mining area in the DRC, and at least 12 artisanal miners were tragically killed. According to the Artisanal and Small-Scale Mining Assistance and Supervision Service, heavy rainfall destabilized the ground, triggering the landslide that buried workers at the mining site. As of press time, 9 bodies had been recovered, and rescue teams were still searching for other victims who might have been trapped beneath the debris.
Common.Time.hoursAgo
Glencore taps Wuxi exchange to meet cobalt demand
Common.Time.hoursAgo
Glencore taps Wuxi exchange to meet cobalt demand
Read More
Glencore taps Wuxi exchange to meet cobalt demand
Glencore taps Wuxi exchange to meet cobalt demand
LONDON, March 16 (Reuters) - Commodity trader Glencore has pulled sizeable cobalt stocks from China's Wuxi ‌exchange to honour commitments to electric-vehicle battery makers in the country, due to limited supply of the material, two sources familiar with the matter said.
Common.Time.hoursAgo
[SMM Tin Bulletin: SK Group Chairman Said the Wafer Shortage Would Continue Until 2030 and Efforts Would Be Made to Stabilize Memory Prices]
Common.Time.hoursAgo
[SMM Tin Bulletin: SK Group Chairman Said the Wafer Shortage Would Continue Until 2030 and Efforts Would Be Made to Stabilize Memory Prices]
Read More
[SMM Tin Bulletin: SK Group Chairman Said the Wafer Shortage Would Continue Until 2030 and Efforts Would Be Made to Stabilize Memory Prices]
[SMM Tin Bulletin: SK Group Chairman Said the Wafer Shortage Would Continue Until 2030 and Efforts Would Be Made to Stabilize Memory Prices]
SK Group Chairman Chey Tae-won of South Korea said on Monday that the global shortage of semiconductor wafers could last until 2030, as artificial intelligence-driven demand continues to outpace supply. Chey Tae-won said that SK Hynix is reviewing the possibility of a US ADR listing to broaden its global investor base, while its chief executive officer may announce plans to stabilize DRAM chip prices, and the group is also exploring alternative energy sources.
Common.Time.hoursAgo