On September 4, the Shanxi Datong Haibo Xia Chu Energy Storage Equipment Industrial Park held a signing ceremony. On the same day, Shanxi Haibo Xia Chu Technology Co., Ltd., a joint venture established by Beijing Haibo Si Chuang Technology Co., Ltd. and Beijing Xia Chu Technology Group Co., Ltd., signed a cooperation agreement with the Management Committee of Datong Economic and Technological Development Zone. According to the agreement, Shanxi Haibo Xia Chu Technology Co., Ltd. will construct and operate an energy storage equipment industrial park in Datong Economic and Technological Development Zone, with three production lines with an annual capacity of 6GWh, an energy storage battery laboratory and a system R&D center.

It is reported that the total investment of the project is 630 million yuan, which will be implemented in three phases. After the project is fully put into production, the annual output value is expected to reach 6 billion yuan. In addition, the two sides will accelerate the implementation of wind power and photovoltaic projects, and promote the large-scale development and application of new energy projects in Datong City.