#China #Shanghai #Renewable Energy #Localization Strategy #Zoe Energy

ZOE Energy Group Accelerates Localization Strategy in Europe

ZOE Energy Group has recently made impressive strides in enhancing its European localization strategy. Their success is attributed to a newly established factory, a redesigned business model, and the acquisition of significant orders during a high-profile partner summit held over four days.

The summit included a specialized program aimed at giving European partners an in-depth understanding of ZOE Energy's capabilities. Participants enjoyed extensive tours of ZOE’s flagship facilities, showcasing the company’s commitment to innovation and efficiency in energy storage solutions.

Insights from the Summit

During the event, attendees visited several key locations:
1. Changzhou R&D Center: This facility emphasizes ZOE's technological innovations in energy storage and product development. Here, visitors witnessed firsthand the advanced research methodologies that position the company at the forefront of energy technology.
2. Jiaxing Smart Factory: The automated manufacturing processes exhibited in Jiaxing showcase ZOE's commitment to quality and scalability. The automation technologies implemented in this facility represent ZOE Energy's vision for future manufacturing efficiencies.
3. Pingtang Solar Power Station: This facility illustrates ZOE's capabilities in executing large-scale renewable energy projects, combining solar power and energy storage. It serves as a testament to their expertise in comprehensive energy solutions.
4. Shanghai Headquarters: This venue hosted strategic meetings where market strategies and technical collaborations were discussed, paving the way for future partnerships in the European market.

The culmination of this summit was marked by the gala dinner titled "ZOE Night - Navigating the Future". This prestigious event served as a platform for key announcements that underscore ZOE Energy's expanding footprint in Europe.

Key Announcements

Several vital developments emerged from the summit:

• - Product Launch: The introduction of Z BOX-C PLUS 261 was a major highlight. This next-generation energy storage system is designed specifically for the commercial and industrial sectors, responding to the burgeoning demands of the European market.
• - New Manufacturing Facility: Another milestone is the opening of a new energy storage manufacturing plant in Hungary, with a capacity of 6 GWh. Developed in partnership with Energy Pro Hungary, this facility is a testament to ZOE Energy's commitment to local production, shortening delivery times and enhancing supply chain resilience for European clients.
• - New Business Model and Major Order: ZOE introduced its innovative ZOE 2.0 business model, emphasizing revenue generation in collaboration with Emaldo Group. This model aims to provide customers with stable and predictable returns on investment. In line with this, ZOE Energy Storage signed a landmark agreement with Emaldo Group to supply a 300 MW Energy Storage System (ESS), marking a significant achievement in the company's localization journey in Europe.

Conclusion

As ZOE Energy Group continues to evolve in the renewable energy landscape, it demonstrates an unwavering dedication to the European market. Jason Huang, Chairman of ZOE Energy Group, stated, "This successful partner summit is a strong indicator of our commitment to the European market. By inviting partners to our centers of excellence and showcasing our comprehensive capabilities, we are forging a solid foundation for trust and common goals."

The commitment to localization, innovative products, and strategic partnerships positions ZOE Energy as a leader in the renewable energy sector in Europe, primed for continued growth and investment in the years to come.