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Taiwan TRUEWIN Battery Manufacturing Co., Ltd., a subsidiary of Pan-Formosa Plastics Group, together with Kaizhi Green Energy Technology and Power Storage New Energy, invested a total of 100 million yuan to build a 2MW grid-connected energy storage new project site in Tainan Science and Technology Industrial Park. The groundbreaking will begin on December 1, and it is estimated that Taipower will be connected to the grid in August 2023 to seize energy-saving business opportunities.

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Among them, Taiwan TRUEWIN Battery Manufacturing Co., Ltd. was established this year. It is a joint venture subsidiary of Xuanguan Co., Ltd. under the Pan-Formosa Plastics Group and Truewin Technology, which focuses on the development of power energy storage systems. It is obvious that Formosa Plastics Group is accelerating the pace of green energy deployment.

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This time, the three parties worked together to build a 2MW sReg grid-connected energy storage system in the Taiwan TRUEWIN Battery Manufacturing Co., Ltd. new factory in Tainan Science Industrial Park, which is in line with the auxiliary frequency modulation backup energy storage system (AFC) of Taipower's power trading platform. The electrical and mechanical engineering committee is composed of experts Lin Electric is in charge, demonstrating Taiwan's localization technology integration capabilities and the strong strength of the green energy team.

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On the other hand, Kaizhi Green Energy Technology has actively deployed smart energy storage systems in recent years, followed up with international carbon management goals, reduced carbon emissions in exchange for carbon emission rights, and developed in the direction of "smart energy storage and power supply". The energy field is estimated to be built up to 100MW; in order to accelerate and assist enterprises to achieve sustainable goals and implementation, the ESG Green Energy Business Department was established to provide a "one-stop empowerment integration solution" in the ESG layout, including solar power plant integration solutions, green Energy application solutions (grid-connected energy storage, energy storage for large power consumers), green procurement and renewable energy certificates, etc.

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On December 1st, Li Yanfei, Chairman of Power Storage New Energy, invited Li Juncheng, Chairman of Kaizhi Green Energy, Wu Weirong, Director of Taiwan TRUEWIN Battery Manufacturing, Wu Xinming, General Manager of Xuanguan Co., Ltd., Li Jianxing, Fu Yang Jianshan, general manager of Energy Co., Ltd., and Zhang Tingwei, chairman of Mingchang International Industry Co., Ltd. co-chaired.