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CATL to build offshore wind farm and set up carbon asset subsidiary

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(Photo: CATL)

The world’s largest EV battery manufacturer, Contemporary Amperex Technology (CATL), has received official approval to construct its first offshore wind farm in Fujian, China. Additionally, it has been discovered that the company has also established a carbon asset management company, signaling its commitment to a significant development in carbon capture, utilization technology.

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