Ningde era reached a global strategic cooperation with British new energy investors to jointly promote the landing of 10GWh energy storage applications.

CTOnews.com December 22 news, according to the Ningde time official account, recently, Ningde Times and the British new energy investor GreshamHouse Energy Storage Fund Company reached a near 7.5GWh long-term supply intention agreement. According to the market demand, the two sides will strive to expand the scale of cooperation to 10GWh, and jointly promote the application of public utility-scale energy storage.

Gresham House plc is a professional alternative asset management group dedicated to multi-industry physical investment with ESG as the core. Its subsidiary Gresham House Energy Storage Fund, which focuses on the transformation of renewable energy, is the largest fund in the UK to invest in utility-scale battery energy storage systems.

As previously reported by Weibo CTOnews.com of Ningde era, the first overseas factory of Ningde era in Thuringia, Germany, achieved mass production of lithium-ion battery cells on schedule, with local production and supply capacity for European customers, marking a milestone breakthrough in the global pace of Ningde era.