CATL opens $440m battery storage test site$440m battery storage test site in Xiamen
Contemporary Amperex Technology Ltd opened a $440 million battery storage testing facility in Xiamen, China, on Thursday to simulate severe conditions for large-scale energy systems.
The site is designed to improve safety and reliability as demand grows for energy storage technology, making it a notable step in the global battery industry.
- CATL has been among the world’s largest suppliers of electric-vehicle batteries for years.
- China is building out energy storage quickly as it adds more wind and solar power.
- Large battery test centers are important because failures can spread across connected grid systems.
