The total investment is 2 billion yuan! All-vanadium flow battery production base signed a contract to settle in Nantong, Jiangsu

On February 10, the "Two Centers and One Base" project of Shaanxi Chuancheng Industrial Holding Group Co., Ltd. was signed and landed in Qidong New District, Nantong City, Jiangsu Province. With a total investment of 2 billion yuan,

the project plans to build a research and development center, a supply chain center, an all-vanadium redox flow battery energy storage system and a stack production base, with annual taxable sales of 3 billion yuan. The investor of the

project is Shaanxi Chuancheng Industrial Holding Group Co., Ltd., which was established in 2019, and its main business covers bulk trading, asset investment, new energy development and utilization, etc. The clean energy sector mainly focuses on the construction and operation of wind power generation, photovoltaic power generation, hydropower generation, diversified energy storage power stations and clean energy systems. In the field of all-vanadium liquid flow energy storage, Chuancheng Group has realized independent R & D and manufacturing of the whole chain from core components to system integration.