New Factory
2024-11-09
On October 17th, energy storage giant Hithium announced that it has partnered with Saudi Arabia's MANAT company to establish a joint venture, Hithium MANAT. The announcement was made on October 15th at the Solar & Storage Live KSA exhibition in Riyadh, Saudi Arabia.
The joint venture plans to build a manufacturing plant in Saudi Arabia with an annual production capacity of 5GWh for energy storage systems. This collaboration marks a significant milestone in expanding the global energy storage market, particularly in the Middle East region.
The joint venture plans to build a manufacturing plant in Saudi Arabia with an annual production capacity of 5GWh for energy storage systems. This collaboration marks a significant milestone in expanding the global energy storage market, particularly in the Middle East region.

Cost of Power Batteries Expected to Drop to 15 Dollars
Customer factory inspection
