Samsung Medical Plans to Invest 4 Billion in New Energy and Energy Storage Manufacturing Projects

On January 25, Samsung Healthcare announced that it plans to build a new energy box-type substation and energy storage system equipment R&D and production project in Ningbo.

The first phase of the project is mainly a new energy box-type substation project with an annual output of 16,000 units and a new energy storage system equipment project with an annual output of 5GW.