The first mobile energy industrial park around the world will be set up at the Ningdong Energy-chemical Industry Base in Yinchuan City, Ningxia Hui Autonomous Region, according to an agreement signing ceremony held on Nov. 13.

Jointly invested and constructed by the base and Hanergy Group, the park will manufacture thin film batteries and establish an integrated industrial chain by making full use of the group’s technological competitiveness in the area.

It is expected to lower the cost of thin film battery production and promote its popularity.