Beijing Xiangrui Jinying New Energy Storage Equipment Technology Co and Shanghai Painen Energy Technology Co signed a strategic cooperation to develop a 400 MWh standalone energy storage power station and a 2 GWh battery framework. The agreement cove

2026-06-26

Beijing Xiangrui Jinying New Energy Storage Equipment Technology Co and Shanghai Painen Energy Technology Co signed a strategic cooperation to develop a 400 MWh standalone energy storage power station and a 2 GWh battery framework. The agreement covers cell R&D, system integration, supply-chain coordination and market expansion. Meijin Energy, a shareholder in Xiangrui Jinying, will leverage its hydrogen and conventional energy platforms to support the three-party effort and accelerate large-scale roll-out of storage projects in China.