Hong Kong tycoon-backed start-up bets on new battery to challenge energy-storage giants
EnerVenue, a start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit, has begun manufacturing a new battery it expects to challenge existing energy-storage technologies dominated by mainland Chinese players, amid surging global demand for green energy. The California-based company can now produce 250 megawatt-hours (MWh) of nickel-hydrogen batteries annually at its factory in Changzhou, in eastern China’s Jiangsu province, and plans to raise capacity…
Where: Hong Kong, China, California
Exact coordinates
hong kong: 22.400, 114.110
china: 35.860, 104.200
california: 36.780, -119.420
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