[Electric Land and Dais Form Joint Venture to Enter German ESS Market, Developing 4GW ESS Projects in Germany] Recently, Electric Land, Europe's largest developer of power land, and Dais Energy Ventures, an ESS solutions provider, announced the establishment of a joint venture platform. They plan to develop and construct 4GW battery ESS projects at strategic power grid periods in Germany by 2030. The first phase of the project is expected to be operational by 2026. This collaboration aligns with Germany's goal of deploying 60GWh of ESS by 2037, aiming to enhance power grid stability and accelerate the grid connection of renewable energy. Both parties leverage their complementary strengths: Electric Land provides land resource integration capabilities, while Dais contributes project development and operational experience. The current project portfolio spans from distribution-level facilities to gigawatt-hour transmission assets, and will be strictly implemented in compliance with Germany's environmental protection and technical standards.