Sichuan Energy Investment announced that its subsidiary Pan New Energy Company plans to establish a joint venture with Better Digital Energy to invest in the construction and operation of Sichuan Times 60MW/120MWh industrial and commercial user-side energy storage project. The total estimated investment of the project is 115 million yuan, and the project capital is 23.659 million yuan, of which Pan New Energy will contribute 18.927 million yuan according to its shareholding ratio. The project is located in the Ningde Times factory park on Industrial Avenue, Sanjiang New District, Yibin City, Sichuan Province, and the planned construction period is 3 months.