Yongtai Energy has successfully launched its first MW-level energy storage station, the Nanshan Integrated Solar and Storage Power Station, developed using its own core technology. This facility is now operational and performing well.
Recently, during an interaction on the investor platform, a shareholder inquired about the progress of the company’s new energy storage business, including annual revenue expectations and its projected contribution to overall revenue. In response, Yongtai Energy (600157.SH) stated on January 14 that their all-vanadium flow battery storage project is continuously being optimized through the innovative efforts of both domestic and international technical teams. The construction of upstream and downstream production lines is also being enhanced based on technological advancements.
The Nanshan Integrated Solar and Storage Power Station, which utilizes proprietary core technology, is now fully operational and achieving satisfactory results. The company aims to actively engage with the market and prepare for the commercialization of related products. As the industrialization process of all-vanadium flow batteries accelerates, the project is expected to yield significant returns upon production.
(Reporter: Wang Xiaobo)
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