--- title: "CN ANCHU ENERGY spent 64 million RMB to acquire energy storage station projects" type: "News" locale: "en" url: "https://longbridge.com/en/news/273718829.md" description: "CN ANCHU ENERGY announced the acquisition of 100% equity in Wuzhong Ruichu Technology from an independent third party. The latter holds an electrochemical energy storage power station project located in Tongxin County, Wuzhong City, Ningxia Hui Autonomous Region, with an installed capacity of approximately 100 megawatts/200 megawatt-hours, classified as a large utility-grade energy storage facility, for a cash consideration of 64 million RMB" datetime: "2026-01-26T14:59:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273718829.md) - [en](https://longbridge.com/en/news/273718829.md) - [zh-HK](https://longbridge.com/zh-HK/news/273718829.md) --- # CN ANCHU ENERGY spent 64 million RMB to acquire energy storage station projects CN ANCHU ENERGY (02399.HK) announced the acquisition of 100% equity in Wuzhong Ruichu Technology from an independent third party. The latter holds an electrochemical energy storage power station project located in Tongxin County, Wuzhong City, Ningxia Hui Autonomous Region, with an installed capacity of approximately 100 megawatts/200 megawatt-hours, classified as a large utility-grade energy storage facility, for a cash consideration of 64 million RMB ### Related Stocks - [02399.HK](https://longbridge.com/en/quote/02399.HK.md) ## Related News & Research - [China Anchu Explores Japan Energy Storage Projects in RelyEZ Tie-Up](https://longbridge.com/en/news/282988722.md) - [OCI Energy and CPS Energy break ground on Alamo City Battery Energy Storage Project | ING Stock News](https://longbridge.com/en/news/286964497.md) - [Battery storage firms eye AI demand but face grid, supply hurdles](https://longbridge.com/en/news/286790784.md) - [KPI Green Energy gains 5% after securing 120 MW BESS order from GUVNL](https://longbridge.com/en/news/286871942.md) - [Gridstor Acquires Colorado Battery Energy Storage Project From Accelergen](https://longbridge.com/en/news/287072462.md)