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Sacred Sun partners with Furukawa for lead-carbon batteries

Thu, 06/19/2014 - 09:24 -- Laura Varriale
Sacred Sun and Furukawa signing

China's Shandong Sacred Sun Power has signed a lead-carbon battery production deal with Japanese battery manufacturer Furukawa Battery.

The agreement concedes Sacred Sun to produce Furukawa’s lead-carbon FCP battery series at its facility in Qufu, Shandong, China. The product will be sold in China in order to reach the renewable energy and stationary power market in China. The deal aims to raise up to Rmb255.6m ($41.11m) in private placement of shares.

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