With lithium-ion batteries raising ESG-related concerns, investors are increasingly seeing value in long-duration storage
EDF lands China energy island deal
French utility EDF has signed an agreement with China Energy Investment to co-develop a 1.5GW energy island project off the coast of Dongtai, Jiangsu Province.
The development is part of a broader cooperation package agreed by the governments of the two countries on 6th April. The energy island is set to include offshore wind, solar and green hydrogen production capacity.