Universal Energy Plans To Invest 1 Billion Yuan To Build An All-Vanadium Redox Flow Energy Storage Battery Production Line

On November 23, Guazhou County successfully signed an energy storage industry chain project with Universal Energy.
It is reported that the total investment of the Universal energy storage industry chain project signed this time is about 1 billion yuan. It is constructed in two phases. The first phase of the project invests 600 million yuan to build a new all-vanadium liquid flow reactor production and energy storage system integration project. ; The second phase of the project invests 400 million yuan to build a new production project of key materials such as all-vanadium electrolyte and electrodes. The project covers an area of about 200 acres. It is planned to start construction in the first half of 2022. After completion, it can achieve an output value of 3 billion yuan.
Since the beginning of this year, Guazhou County has actively seized the policy opportunity of “carbon peak and carbon neutrality”. Relying on the advantages of excellent new energy resources and perfect grid structure, it has advanced plans for the deployment of energy storage industry chain projects, and plans to build with high standards. The Liugou Green Power Zero Carbon Industrial Park provides favorable conditions for undertaking the implementation of the entire energy storage industry chain.
Universal Energy was established on April 14, 2021 with a registered capital of 500 million yuan. It was initiated and established by Shanghai Universal Investment Group Co., Ltd.