Deye Co., Ltd. announced on October 22 that Deye Energy Storage, a wholly-owned subsidiary of the company, competed for Cixi Binhai II 202603 #地块国有建设用地使用权，出让面积24 6603 with its own capital of 104 million yuan, mainly for Class II industrial land. The plot will be used to build an industrial and commercial storage production line project with an annual output of 16 GWh.

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