China-headquartered battery storage system integrator HyperStrong and German power electronics manufacturer SMA Solar have signed a strategic cooperation agreement.
Energy storage firm Guoxia Technology (02655.HK) has released its first full annual report since listing on the Hong Kong Stock Exchange late last year.
Energy Vault has entered what it has described as “one of the world’s fastest-growing energy storage markets,” acquiring a portfolio of development projects in Japan.
Western system integrators face a continual ‘squeeze’ in where they add value in BESS and may struggle to keep up with the speed of technology innovation from China, Rept’s Andy Tang said in a video interview with Energy-Storage.news recently.
LG ES Vertech, the US-based system integrator subsidiary of LG Energy Solution (LG ES), plans to deliver 50GWh of projects this year, ESN Premium has heard.