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March 24,2026

Zenergy Battery signs $720M deal for 50 GWh Long-Duration Energy Storage facility in Suzhou

Zenergy Battery has signed an agreement to build a 50 GWh long-duration energy storage smart manufacturing base in Suzhou, its largest single facility to date. The CNY 5.2 billion ($720M) project, developed by Zenergy’s subsidiary Suzhou Lishen Energy Technology, will focus on large-capacity lithium iron phosphate cells and advanced R&D.

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