Jiangsu New Energy Development (SHA:603693) officially connected the Guoxin Liyang energy storage power station to the grid, according to a Shanghai bourse filing on Tuesday.
The power station is located in Bieqiao Town, Liyang City, Jiangsu Province, China. It adopts a non-walk-in liquid-cooled lithium iron phosphate energy storage technology route and has a capacity of 100 megawatts/200 megawatt hours, the Chinese renewable energy company's general manager said.
The company's shares slipped less than 2% in recent trade.