#Shanghai #None #Energy Storage #European Expansion #Zoe Energy

ZOE Energy Group Accelerates Localization Strategy in Europe

ZOE Energy Group has made significant strides in expanding its presence in Europe through the successful execution of a four-day tour and exchange program held at its headquarters. The initiative was designed to provide European partners with a comprehensive understanding of the operational capabilities and innovative strategies employed by ZOE Energy.

The program showcased several key facilities, including:

1. Research and Development Center in Changzhou: This center highlighted ZOE Energy's innovative potential and product development capabilities.
2. Smart Manufacturing Factory in Jiaxing: Visitors experienced advanced and automated manufacturing processes designed to ensure high quality and scalability in production.
3. Photovoltaic Station and Energy Storage Facility in Guizhou: This operational facility stands as a testament to ZOE Energy’s expertise in executing complex, integrated projects powered by renewable energy sources.
4. Strategic Meetings at Headquarters in Shanghai: These discussions fostered deeper conversations on market strategies and technical collaborations.

The summit culminated in a ceremonial dinner titled “ZOE Night - Navigating the Future,” a prestigious event that served as a platform for critical announcements marking a new chapter in ZOE Energy’s growth in Europe. Important highlights included:

• - Product Launch: The unveiling of the Z BOX-C PLUS 261, a next-generation energy storage system aimed at the commercial and industrial sectors, specifically designed to address the evolving needs of the European market.
• - Localization Milestone: The official opening of a new energy storage systems manufacturing facility in Hungary, developed in collaboration with Energy Pro Hungary. This 6 GWh facility is pivotal in augmenting local production capabilities, shortening lead times, and enhancing supply chain resilience for European customers.
• - ZOE 2.0 Business Model: The introduction of a new revenue model developed with the Emaldo Group, which provides customers with stable and predictable returns on investment through a guaranteed minimum return mechanism. This model has paved the way for a groundbreaking agreement with Emaldo Group for a 300 MW energy storage system order.

Jason Huang, President of ZOE Energy Group, remarked on the success of the partners summit, stating, “This successful summit unequivocally reaffirms our commitment to expanding our business in the European market. By inviting partners to our centers of excellence and showcasing the full spectrum of our capabilities, we have built stronger foundations of trust and a shared vision for future growth.”

ZOE Energy Group’s strategic advancements not only reflect its ambitious growth plans in Europe but also underscore its commitment to meeting the increasing demand for renewable energy solutions and sustainable industrial practices. The new initiatives are poised to enhance supply chain efficiencies and bolster ZOE Energy's competitiveness in the rapidly evolving energy landscape across Europe.