Linyuan Group To Invest RMB30 Billion In Vanadium-Flow Energy Storage Project

Recently, Linyuan Group signed investment agreements with a number of local governments in Liaoning, Ganu and Inner Mongolia on codeveloping vanadium-flow energy storage system industrial chain project, with a view of providing more low-carbon, green and sustainable solutions for new-type energy storage industry. The project will have a planned total investment of over RMB30 billion (USD4.36 billion) and estimated production value of nearly RMB100 billion (USD14.52 billion).