$Alibaba(BABA)$ Cainiao Networ

2022-03-22

$Alibaba(BABA)$ Cainiao Network, the logistics arm of Chinese multinational Alibaba Group, has started using electricity generated from a warehouse rooftop solar PV system. The solar PV project has an annual power output of over 8 million kWh and can store 7.862MW of energy. Furthermore, the initiative can reduce carbon emissions by 5,535 tons a year. Great move, Alibaba! Bullish for BABA!

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OnionT
2022-03-22
OnionT
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