Cf Energy Corp (TSE:CFY) has released an update.
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CF Energy Corp., a prominent clean energy service provider in China, has enhanced its battery swap stations by integrating electrochemical storage technology, aiming to reduce service costs and carbon emissions. Moreover, the company has shown intent to co-invest with the Sichuan government in energy storage and peak sharing stations, alongside committing to purchase bio-gas to further decarbonize its natural gas operations. Amidst these developments, CF Energy is facing a legal challenge regarding a loan discharge agreement, with recent court decisions being unfavorable to the company’s enforcement efforts.
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