SaltX pilot will be built and financed by new Chinese partner
– Shuangliang will build and develop an energy storage pilot in China
The energy storage company SaltX Technology – listed on Nasdaq First North Premier Growth Market – enters an agreement with Shuangliang Boiler Co., Ltd (Shuangliang). The Chinese partner will build and finance a pilot plant to commercialize SaltX energy storage technology on the Chinese market.
The parties have agreed on a first pilot project commissioned in 2020. The pilot is an energy storage unit that will be charged with electric power and discharge steam. The pilot will be based on learnings from the