July 20, 2023: Narada wins a Rmb 1.61 billion ($221 million) tender to provide lithium iron phosphate battery tech to state-owned China Tower.
The lead and lithium battery maker stated the tender was for the deliberate BESS.
Narada didn’t disclose particulars of the deal however stated it has received bids and signed agreements for BESS tasks totaling 5.5GWh for the reason that begin of this yr.
Additionally on July 5, the corporate signed a brand new vitality tasks cooperation settlement with Jiuquan Metropolis in China (pictured).
Narada stated it continues to give attention to the event and use of vitality storage know-how — which inserts Jiuquan’s “industrial blueprint” for the town.
Town is a vital nationwide demonstration website for the growth of latest vitality know-how together with wind and photo voltaic services within the area, Narada stated.
On Might 23, the corporate’s Narada Vitality subsidiary introduced the signing of a Rmb 290 million contract to provide a lithium ESS to China’s Energy Building Company.
