On April 15, witnessed by Spanish Prime Minister Sanchez, Haichen Energy Storage signed a memorandum of intent on strategic investment cooperation with the government of Navarra Autonomous Region of Spain, with a total investment of about 400 million euros (about 3.17 billion yuan) in the first phase of the project. Construction of a large energy storage battery and system manufacturing plant in Navarra, Spain.
According to the disclosed information, the plant will be built in two phases, focusing on the production of lithium iron phosphate (LFP) batteries and containerized energy storage systems , with the goal of putting into operation in 2027.
According to the data, Haichen Energy Storage ranked second in global energy storage battery shipments in 2025.
浙公网安备33010802003254号