China Three Gorges Renewables Sets Up Energy Storage Tech Unit
China Three Gorges Renewables has invested in establishing a new technology development company. Recently, Sanxia Qinneng (Qinglong Manchu Autonomous County) Technology Development Co. , Ltd. was established, with a business scope covering energy storage technical services, corporate management consulting, and software development. The company is wholly owned by China Three Gorges Renewables.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Batteries & Energy Storage, with intensity 40/100 and 60% confidence over a medium term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.