Athens, Greece, March 30, 2024 – AlphaESS and Hopewind Technology, two dynamic companies in the energy sector, announced the signing of a strategic cooperation agreement during the prestigious Exhibition Verde Tec. This landmark agreement signifies a significant step forward in the global collaboration between the two industry pioneers in advancing Residential, C&I, and Large-scale Energy Storage projects.

The signing ceremony, held during the vibrant atmosphere of Exhibition Verde Tec, brought together key executives from both AlphaESS and Hopewind to celebrate the beginning of a new era of cooperation and innovation in the energy industry.

Building on their past collaboration in various PV storage programs across the market in Northwest China, such as the giant 2GW solar-plus-storage project in Inner Mongolia’s Kubuqi Desert, AlphaESS and Hopewind will further deepen their partnership. Under the terms of the agreement, both companies will leverage their respective expertise, resources, and technologies to jointly develop and implement cutting-edge storage solutions for Residential, C&I, and Large-scale Energy Storage projects, addressing the growing demand for sustainable energy solutions worldwide.

Speaking at the ceremony, Mr. Alfred Wang, CEO of AlphaESS, expressed excitement about the partnership, stating, "We are thrilled to embark on this strategic collaboration with Hopewind. With over a decade of relentless exploration and innovation, we have developed turnkey energy storage solutions spanning different power ranges. By integrating Hopewind’s cutting-edge power conversion technology, we are poised to create unparalleled one-stop energy management solutions, fully unleashing the industry's potential, and jointly creating heightened value."

Echoing this sentiment, Ms. Sara Wang, VP of Hopewind, emphasized the shared commitment to excellence and sustainability, saying, "By joining forces with AlphaESS, we are combining our strengths to address the evolving needs of the energy market. With years of dedicated experience in renewable power generation and electrical transmission, Hopewind possesses industry-leading capabilities in the independent development and manufacturing of high-power electronic devices and monitoring systems. Collaborating with AlphaESS, we aim to craft more competitive green and intelligent energy solutions, collectively embracing a carbon-neutral future."

About AlphaESS

Established in 2012, AlphaESS is a leading global provider of comprehensive energy storage solutions, committed to delivering advanced new energy solutions for residential and commercial customers worldwide. With a wealth of industry resources, scientific research capabilities, and project experience spanning over 90 countries and regions, AlphaESS has installed over 100,000 energy storage systems, effectively reducing electricity costs, increasing new energy utilization, and minimizing carbon emissions.