November, Penghui Energy and Genaspi Energy of Australia formally signed a strategic cooperation agreement.
According to the agreement, the two sides will promote in-depth cooperation in various fields in the new energy industry. Among them, the new energy storage cooperation is the key project of cooperation between the two sides, and Penghui Energy will provide Genaspi Energy with 1G Wh high-quality energy storage batteries in renewable energy projects.
Australia is a renewable energy market with great investment potential in the world. According to the national plan, it will reduce carbon emissions by 30% -35% in 2030 and achieve net zero carbon emissions in 2050. Australia has become one of the fastest growing countries in the world for new energy storage installations.
Genaspi Energy is a cutting-edge new energy enterprise in Australia, which has developed rapidly and has led the implementation of several large-scale energy storage projects. Australia is also one of the important overseas markets of Penghui Energy. In this cooperation, the two sides will give full play to their resource advantages and conduct comprehensive and in-depth cooperation in new energy storage projects, energy transformation and science and technology innovation strategies, and technical services for new energy stations.
Penghui Energy is a high-tech enterprise dedicated to battery technology innovation. Founded in 2001 and listed in 2015, the company has been focusing on battery research and development, production, sales and service for more than 20 years. Its product business mainly covers large-scale energy storage, household energy storage, communication base station energy storage, new energy vehicle power batteries, optical storage and intelligent charging, and consumer batteries.
This cooperation with Genaspi Energy is a key step for Penghui Energy to expand the Australian market.
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