Dalian Rongke Signed A Strategic Cooperation Agreement With Pangang Vanadium & Titanium Co., Ltd. And Southwest Research Institute Of State Power Investment Corporation

On October 25, Dalian Rongke Power Group Co., Ltd. (hereinafter referred to as “Dalian Rongke”) signed the “Strategic Cooperation Agreement” with Pangang Group Vanadium & Titanium Resources Co., Ltd. and State Power Investment Corporation Southwest Energy Research Institute Co., Ltd. (hereinafter referred to as “Southwest Institute of State Power Investment Corporation”),  in Chengdu, Sichuan. All parties have reached a strategic cooperation intention to jointly strengthen the application of frontier key technologies in the all-vanadium flow battery energy storage industry, promote the promotion and business model innovation of all-vanadium flow battery energy storage applications, and realize the innovation and development of all-vanadium flow battery energy storage technology.

The content of this strategic cooperation includes: preparation of the development plan of the all-vanadium flow battery energy storage industry, cooperation and co-construction of the all-vanadium flow battery energy storage project, innovation of the business model of all-vanadium flow battery energy storage, and innovation of all-vanadium flow battery energy storage Alliance formed. Through cooperation, the three parties will use their respective strategic advantages and synergies to jointly explore new ways and approaches for cooperation in the all-vanadium flow battery energy storage industry, actively expand cooperation fields, deepen cooperation content, integrate and develop advantageous resources, and promote the implementation of all-vanadium liquid flow energy storage projects, share industry and market influence and competitiveness, and work together to create a new pattern of industry development.

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