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GE Vernova and Formosa join forces on hybrid power, LFP battery systems
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GE Vernova and Formosa join forces on hybrid power, LFP battery systems
Formosa Smart Energy Tech, a subsidiary of Formosa Plastics Group, has signed a memorandum of understanding (MOU) with GE Vernova to form a strategic alliance focused on hybrid power and energy storage systems. The partnership aims to combine Formosa's lithium iron phosphate (LFP) battery expertise with GE Vernova's global experience in gas-fired power and energy storage technologies.
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