Sweden rongke energy storage is sued

Is UET investing in Rongke Power?

Late last year UET secured $25 million in venture capital funding a capital round led by Orix of Japan and Bolong Holding, which is also an investor in Rongke Power. UniEnergy Technologies Strategic Partner to Deliver World's Largest Battery PR Newswire

Where are Rongke Power Batteries made?

The Other Gigafactory: Rongke Power’s battery factory, in Dalian, China, is set to produce 3 gigawatts’ worth of vanadium redox-flow batteries annually by 2020. Photo: Rongke Power

Where is Rongke Power based?

Rongke is based in the Dalian High-Tech Zone in Dalian, China. The collaboration between UET and Rongke Power will be memorialized in a US-China EcoPartnership signing ceremony attended by U.S. Secretary of State John Kerry in Beijing on June 7. During extreme weather events the Dalian peninsula has experienced stress on its electricity grid.

What happened to UniEnergy Technologies?

The former UniEnergy Technologies office in Mukilteo, Wash. Taxpayers spent $15 million on research to build a breakthrough battery. Then the U.S. government gave it to China. When a group of engineers and researchers gathered in a warehouse in Mukilteo, Wash., 10 years ago, they knew they were onto something big.

Where are Rongke Power VfB batteries built?

The batteries will be built at Rongke Power's new GigaFactory to be opened in the fall of 2016, with a phase 1 capacity of 300 MW of VFB electrode stacks, a phase 2 capacity of 1GW, and a phase 3 capacity of 3GW. Both Rongke Power and UET's deployments of VFB systems will be supported by production from Rongke Power's GigaFactory.

Who makes Dalian Rongke batteries?

But over the course of the next few years, more and more of the manufacturing and assembling began to shift to Rongke Power, Chris Howard said. In 2017, Yang formalized the relationship and granted Dalian Rongke Power Co. Ltd. an official sublicense, allowing the company to make the batteries in China.