Tags: Photovoltaic Energy Storage Energy Storage Battery Storage Cabinet

4 FAQs about Photovoltaic Energy Storage Penghui Energy

What is Penghui energy Liuzhou project?

The project is expected to have a total investment of 6 billion yuan and will become a first-class intelligent manufacturing plant for energy storage and power lithium batteries in China. On January 10, the project of Penghui Energy Liuzhou Smart Energy Storage and Power Battery Manufacturing Base was officially laid.

Why did Penghui Energy Invest?

Penghui Energy said that the purpose of this investment is to expand the scale of the company's energy storage and power battery business, and to further enhance the company's influence and comprehensive competitiveness in the new energy industry.

How did Penghui energy perform in the first three quarters of 2021?

In terms of performance, in the first three quarters of 2021, Penghui Energy achieved revenue of 3.89 billion yuan, up 57.37% over the same period last year; net profit of 164 million yuan, up 16.53% over the same period last year; and deducting non-net profit of 145 million yuan, up 35.10% over the same period last year.

What is Penghui energy's relationship with shangtong Wuling?

In the field of power batteries, Penghui Energy and Shangtong Wuling maintain a close cooperative relationship and ship a number of model batteries for Shangtong Wuling.

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