Guoxuan High-Tech and Taiyo Nengyuan to Develop Energy Storage Power Stations in Japan

Guoxuan High-Tech and Taiyo Nengyuan to jointly develop and operate energy storage power stations in Japan

Recently, Guoxuan High-Tech's subsidiary Guoxuan Japan, signed a cooperation agreement with Taiyo Nengyuan and CO2OS in Tokyo, Japan to jointly develop and operate energy storage power stations in Japan. According to the agreement, Guoxuan Japan, Taiyo Nengyuan, and CO2OS will cooperate in the field of energy storage power station development and operation in the Japanese market. Guoxuan Japan will be responsible for supplying energy storage battery products and providing daily operational and technical support; Taiyo Nengyuan will be responsible for project feasibility assessment and providing financial support; CO2OS will be responsible for the operation of the energy storage power station and providing other related technical support. It is expected that in the next 2 years, according to the demand for energy storage battery products in grid-side energy storage power stations and renewable energy generation-side energy storage power stations, a total of 1GWh of energy storage battery products will be introduced through this cooperation.