Recently, Chinese energy storage companies are accelerating their expansion into the Asia-Pacific market. Fox EnerStor has successfully secured a 100-megawatt-hour-level energy storage order in Thailand, while SolaX Power has joined hands with Hanwha to officially enter the Japanese residential energy storage market. Both companies have achieved further implementation and breakthroughs in their overseas business by reaching strategic partnerships with leading local enterprises.
Fox EnerStor Signs 100-MWh Energy Storage Agreement with Thai Enterprise
On March 4, Fox EnerStor and a well-known Thai enterprise successfully signed a long-term strategic cooperation agreement and a 100-MWh energy storage order procurement agreement in Zhengzhou.
According to the cooperation agreement, the Thai company will be responsible for the market expansion and after-sales service of Fox EnerStor's energy storage products in Thailand in the future.
The core product of this signing is Fox EnerStor's AIO series 261kWh energy storage system, a product that features "high safety, high reliability, high efficiency, and long lifespan," making it adaptable to a variety of application scenarios.
SolaX Power and Hanwha Jointly Expand into the Japanese Residential Energy Storage Market
Recently, SolaX Power reached a strategic partnership with Hanwha Japan Co., Ltd., successfully securing new business orders in the Japanese residential energy storage market. The two parties will jointly promote the commercial implementation of residential energy storage batteries and related solutions in the Japanese market.
The key to securing this order lies in the precise matching of both parties' technologies and channels. As the product supplier, SolaX Power will export its core technologies in the integrated design of inverters and energy storage batteries; meanwhile, Hanwha Japan, acting as the local channel partner, will rely on its market position and customer base in Japan to provide strong support for the promotion and sales of the products.
It is reported that the initial phase of the cooperation will focus on residential energy storage and integrated "power generation-energy storage-energy management" business. In the future, SolaX Power will leverage Hanwha Japan's local advantages to accelerate product penetration, improve after-sales guarantees, and gradually expand into the low-voltage distributed energy sector on the basis of strengthening its presence in the residential sector.
Source：EnergyTrend