On September 21, the first phase of Pano Technology's 10Gwh lithium battery R&D and manufacturing base held a grand production launch event.

It is reported that the first phase of Pano Technology's 10GWh lithium battery R&D and manufacturing base will start construction in October 2022. The company plans to reach an annual capacity of 10GWh after reaching production, and the project will be divided into two phases with a total investment of 5 billion yuan. After reaching production, the annual sales income can exceed 10 billion yuan.

As an industry-leading comprehensive storage system solution provider, Pano Technology has independent intellectual property rights of the entire industrial chain. Its products cover two fields, home storage and communication backup power, covering new energy power generation, grid auxiliary services, microgrids, charging piles, home storage and other scenarios of energy storage applications.