Energy storage systems store surplus electricity generated from solar and wind farms and play an important role in cutting down carbon emissions. Photo: Simon Song
Energy storage systems store surplus electricity generated from solar and wind farms and play an important role in cutting down carbon emissions. Photo: Simon Song

Towngas and top battery maker CATL eye China’s growing demand for renewable energy storage systems

  • Towngas and CATL plan to set up a joint venture to install energy storage systems in 10 industrial parks initially and also invest in energy-related projects
  • The venture will help the industrial sector’s green transformation and contribute towards the nation’s decarbonisation efforts, Towngas chairman Peter Lee says

Energy storage systems store surplus electricity generated from solar and wind farms and play an important role in cutting down carbon emissions. Photo: Simon Song
Energy storage systems store surplus electricity generated from solar and wind farms and play an important role in cutting down carbon emissions. Photo: Simon Song
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