On June 28, the groundbreaking ceremony of Narada's 20GWh annual Smart Energy Storage System Construction Project was held in Yangzhou.

The project covers an area of over 14 hectares. It will build an energy storage system intelligent manufacturing production line covering Battery module packaging-Testing-Stacking-Container manufacturing-System integration and other processes.
After the project is put into production, it will form an annual production capacity of 20GWh smart energy storage system, and the project products can be applied to generation side, grid side, and user side energy storage of the new energy power in all scenarios.
This project will vigorously promote the development of the new energy industry and create good economic and social benefits. Also, it will help Narada expand the capacity of its energy storage business, and further enhance the company's influence and comprehensive competitiveness in the new energy industry.