Jiangsu Approves New 1 Gwh Annual Battery Pack Project by Yancheng Baigu Energy Technology

New 1 Gwh Annual Battery Pack Project Added in Jiangsu

The Yandu Ecological Environment Bureau of Yancheng City issued a public notice stating that the environmental impact assessment documents for the industrialisation project of a new energy battery system (with annual output of 1 Gwh of battery packs) had been approved. The project is located at No. 12, Group 3, Yuema Residents’ Committee, Yanlong Subdistrict, Yandu District, Yancheng, Jiangsu Province. The developer, Yancheng Baigu Energy Technology Co., Ltd., is expected to invest 30 million yuan to build the new energy battery system industrialisation project using existing premises. Upon completion, the project will have annual battery pack capacity of 1 Gwh.