CLN Energy has completed the incorporation of a step-down subsidiary of company in Arab Republic of Egypt in the name and style of ‘CLN Energy Solutions’. The incorporation of CLN Energy Solutions is aligned with the company’s main business objectives and is intended to strengthen its presence in the energy solutions sector. The entity will support the manufacturing of lithium-ion batteries across Egypt, thereby facilitating operational synergies and future business growth. CLN Energy Solutions is promoted by C L N General Trading L.L.C, wholly-owned subsidiary of company.
CLN Energy is engaged in the manufacturing of customized Lithium-ion Batteries, motors and deals in powertrain components of electric vehicles such as controllers, throttles, DC-DC converters, display, differential etc.