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China Energy Engineering Corp Achieves Milestone in Compressed Air Energy Storage
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China Energy Engineering Corp Achieves Milestone in Compressed Air Energy Storage

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An announcement from China Energy Engineering Corp. Ltd. Class H ( (HK:3996) ) is now available.

China Energy Engineering Corporation Limited has announced the successful grid-connected power generation of its Hubei Yingcheng 300MW Compressed Air Energy Storage Power Station, marking a significant milestone in the company’s pursuit of innovative energy solutions. This project, the world’s first of its kind with a single unit power of 300MW, is a significant advancement in green energy technology, enhancing the regional power grid’s capacity to integrate new energy sources.

More about China Energy Engineering Corp. Ltd. Class H

China Energy Engineering Corporation Limited is a major player in the energy sector, focusing on energy technology, system integration, and technological innovation. The company is engaged in developing and providing comprehensive solutions for new energy storage, notably through projects like compressed air energy storage systems.

YTD Price Performance: -6.67%

Average Trading Volume: 8,633

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €7.39B

Learn more about 3996 stock on TipRanks’ Stock Analysis page.

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