DEALS: INVESTMENT ROUND UPEnergy Storage Journal
20 September, 2018: Round-up of all the deals in the energy storage industry.
- BAK Power and Cadenza sign Li ion battery agreement
China’s Shenzhen BAK Power Battery and lithium ion battery firm Cadenza Innovation signed a deal on September 16 to cooperate to manufacture lithium ion cells and modules based on the US company’s supercell architecture.
Project feasibility assessments and safety testing, institutional testing and other third party testing were held before the deal was signed.