Recently, Chinese energy storage companies have accelerated their overseas expansion, securing several major cooperation agreements in succession. Sieyuan Electric has successfully landed two major energy storage projects—a 2.5GWh project in Romania and a 2GWh project in Oman—reaching a total capacity of 4.5GWh. Meanwhile, Yongtai Energy has signed a strategic cooperation agreement with a leading local Brazilian enterprise, officially entering the energy storage market in Brazil and South America.
4.5GWh: Sieyuan Electric Secures Energy Storage Orders in Romania and Oman
On March 19, Chinese power equipment giant Sieyuan Electric signed a cooperation agreement with Romanian energy developer Alive Capital to deploy up to 2.5GWh of battery energy storage capacity over the next four years.
According to the agreement, the two parties will focus on advancing the implementation of battery energy storage systems, covering two core models: stand-alone and co-located setups. The scope of cooperation includes projects invested by Alive Capital itself, projects developed by the group's affiliated companies, and energy storage projects catering to third-party customers.
Sieyuan Electric will provide a comprehensive, turnkey battery energy storage system for these projects, integrating lithium battery packs, power conversion systems (PCS), transformers, medium-voltage switchgear, and advanced energy management systems. All equipment will be custom-tailored and will strictly adhere to the European Union's stringent safety, performance, and grid compliance standards, laying a solid technical foundation for the stable operation of the projects.
Additionally, Sieyuan Electric recently formed a consortium with Sigenergy and the East China Electric Power Design Institute, successfully winning the bid for the 500MW/2GWh energy storage project in Duqm, Oman. As the core equipment supplier, Sieyuan Electric will provide a full-stack solution, including the battery energy storage system (BESS), power conversion system (PCS), transformers, and medium-to-high voltage complete sets of equipment.
Yongtai Energy Partners with Brazilian Enterprise to Explore the South American Energy Storage Market
Recently, Yongtai Energy officially signed a strategic cooperation agreement with a leading local enterprise in Brazil to jointly explore the energy storage market in Brazil and the broader South American region.
Under the agreement, the Brazilian enterprise will become Yongtai Energy's exclusive agent in Brazil. The two parties will engage in deep cooperation regarding integrated solar-plus-storage systems and commercial and industrial (C&I) energy storage products. They plan to implement dozens of benchmark projects in Brazil, primarily focusing on high-value application scenarios such as luxury residences, C&I parks, and agriculture.
In this collaboration, both parties will adopt a "local channels + Chinese manufacturing" model. Relying on its localized resources and market channels, the Brazilian enterprise will be responsible for project execution and customer response, while Yongtai Energy will provide system integration technology along with customized energy storage hardware and solutions.
Looking ahead, the two parties plan to use the Brazilian market as a core pivot. After validating their products and business models, they aim to gradually expand their energy storage business across the entire South American region and participate in the construction of local modern power systems.
Source：EnergyTrend