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SolaX Power Invests $1.5 Billion in New Energy Storage Facility in China

Last Update 03 October 2024

SolaX Power has announced a $1.5 billion investment to establish a research and manufacturing facility in Zhejiang Province, China. The investment aims to enhance utility energy storage and smart energy systems, with $1.078 billion focused on R&D and manufacturing. This expansion underscores SolaX's commitment to innovation, improving grid stability, and promoting sustainability.

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