EVE Energy Reaches Cooperation with Yunnan Branch of PowerChina Renewable Energy Co., Ltd.

On January 3, EVE Energy Co., Ltd. (referred to as "EVE Energy") successfully held a signing ceremony with the Yunnan Branch of PowerChina Renewable Energy Co., Ltd. (referred to as the "Yunnan Branch"), marking the beginning of a nationwide energy storage project collaboration between the two parties. Leaders attending the ceremony included Chen Jilin, General Manager of the Yunnan Branch, Peng Xiaodong, Deputy General Manager of the Yunnan Branch, Li Mufen, Vice President of EVE Energy, and Zhang Jialiang, General Manager of EVE Power's Domestic Marketing Center.

PowerChina Renewable Energy Co., Ltd. is the sole power generation enterprise under the Power Construction Corporation of China (PowerChina) engaged in domestic investments and operations in the new energy field. It is a group company established by PowerChina to drive the high-quality and leapfrog development of the new energy sector. It also serves as a cornerstone of PowerChina to support the national energy security strategy and the "Dual Carbon" goals. The Yunnan Branch is one of the 16 regional (provincial) companies opened by PowerChina Renewable Energy Co., Ltd. throughout the country. It currently operates and maintains 26 power plants (projects), with a total installed capacity of 1,747,900 kW. Among them, there are five wind farms with a total installed capacity of 836,750 kW and 21 photovoltaic plants with a total installed capacity of 911,150 kW.

EVE Energy is an industry-leading lithium battery platform company, offering a wide range of products, including consumer batteries and power storage batteries, along with total solutions. With a focus on the energy storage sector, EVE Energy has experienced rapid development in its energy storage business. At present, it has achieved a diversified product portfolio incorporating various forms and technology routes and developed comprehensive solutions covering battery cells, BMS, modules, and systems. EVE Energy serves a wide range of sectors, including utility ESS, commercial and industrial ESS, residential ESS, telecom ESS, and marine power. In the first half of 2023, it ranked third globally in terms of energy storage battery shipments.

Driven by the "Dual Carbon" goals, EVE Energy has reached an agreement with the Yunnan Branch regarding green development. In the future, EVE Energy will fully leverage its strengths and continuously pursue innovation and breakthroughs. By collaborating closely with the Yunnan Branch, we are committed to providing higher quality and reliable energy storage battery solutions, contributing to the high-quality development of the energy storage industry, and jointly creating a better and greener world.