Lead-acid battery maker Narada announced on 16 September it had signed a battery storage projects cooperation agreement with EDF Renewables China, the Chinese subsidiary of the French multinational.
The cooperation will start with the acquisition agreement by EDF of a 1.5MW/12MWh battery storage owned and operated since September 2018 by Narada in Jiangsu province, China.
The new agreement paves the way for the functional expansion of the project, which is set to provide up to 12MWh a day to a nearby industrial park.
Wang Yueneng, vice chairman of Narada, said: “Narada is pleased to partner with EDF Renewables to deliver clean energy to its customers through Zhenjiang Energy Storage System project.”
“EDF Renewables is excited about the partnership with Narada. Under this new innovative structure, with a battery storage system that can power the future by providing end-users with smart and sustainable energy solutions,” said Tian Yue, CEO of EDF Renewables China.
Pic: EDF Renewables China and Narada joined hands on 18th Sep. Mr Tian Yue, CEO of EDF Renewables China (left) and Mr Wang Yuenneng, Vice Chairman of Narada (right)
