# Infore Environment starts construction of $14.2B new energy equipment base in Shangyu

Infore Environment Technology Group started construction of the Infore New Energy Equipment Project (East China Base) in Shangyu, Shaoxing, Zhejiang. The total investment is 10.2 billion yuan (approx. $1.42 billion), planned in three phases, focusing on smart motor equipment, smart emergency equipment, new energy, and fan equipment R&D and manufacturing.

- Type: New facility
- Announced: 2024-03-19
- Where: Shangyu, Shaoxing, Zhejiang, China
- Value: $1.42B (10.2B CNY)
- Status: under construction
- Products: smart motor equipment, smart emergency equipment, new energy equipment, fan equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Infore Environment Technology Group](https://endata.com/companies/33219.md)
- [Infore Holding](https://endata.com/companies/24411.md) (investor)

## Sources

- [sx.gov.cn](https://www.sx.gov.cn/art/2024/3/19/art_1462938_59535610.html), 2024-03-19: "盈峰新能源装备项目（华东基地）启动建设仪式，在上虞智能装备生态园（道墟）举行。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.