Recently, Ningde Times signed a memorandum of understanding with Marubeni Power Retail Co., Ltd., a wholly-owned subsidiary of Marubeni Corporation, and Sun Village to jointly develop and operate a 2.4G Wh grid-side energy storage power station project in Japan.
According to the memorandum, Sun Village will be responsible for project development, engineering, procurement and construction; Ningde Times will provide energy storage battery products and hold part of the power plant ownership; Marubeni Power Retail will integrate assets and optimize its market participation.
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