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TCL Zhonghuan and Lin Yang Energy Form JV Storage Firm in Yinchuan

Published: Updated: By 24TopNews Editorial Desk

TCL Zhonghuan and Lin Yang Energy have jointly established Yinchuan Yaoyang Energy Storage Technology Co. , Ltd. , with Chen Lei as legal representative. The new company covers power generation, transmission, supply and distribution, energy storage technology services, and solar and wind power technical services. It is owned by Ningxia Lin Yang Energy Storage Technology Co. , a Lin Yang Energy subsidiary, and Tianjin Zhonghuan New Energy Co. , a TCL Zhonghuan subsidiary.

Yinchuan Yaoyang Energy Storage Technology Co. , Ltd. has been recently established, with Chen Lei serving as the legal representative. The company's business scope includes power generation, power transmission, power supply and distribution, energy storage technology services, solar power generation technology services, and wind power generation technology services.

According to its shareholding structure, the company is jointly held by Ningxia Lin Yang Energy Storage Technology Co. , a subsidiary of Lin Yang Energy, and Tianjin Zhonghuan New Energy Co. , a subsidiary of TCL Zhonghuan.