Shanghai Electric Subsidiary, Shanghai Electric Energy Storage Technology, Receives RMB400 Million in Series A Financing, Accelerating Development of Its Energy Storage Business
SHANGHAI, Sept. 20, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. It will focus on promoting the research and development of new systems, promoting its industrial supply chain structure, construction of 100Mbps stacks that can be used in megawatt contain...