On July 3, 2024, Electric Times and Chaowei Power Group Co., Ltd. held a grand signing ceremony for strategic cooperation. The signing was completed by Yang Zhenyuan, deputy secretary of the Party branch and deputy general manager of Electric Times, and Ma Changfu, vice president of Chaowei Power, as representatives of both parties. This marks that Electric Times and Chaowei Power have officially joined hands to jointly open a new chapter of cooperation.

Chaowei Power is a leading manufacturer, operator and service provider in the global new energy field, committed to realizing the development mission of making Chaowei green energy available to the world. The company has successfully built a new energy industry cluster covering lead-lithium batteries, new batteries, energy storage and management, circular economy and other fields.

Electric Times is a wholly-owned subsidiary of China Electric Equipment Group Energy Storage Technology Co., Ltd. As a domestic super-large energy storage equipment and overall solution integrator, it is highly industry-leading and is committed to the research and development of high-efficiency new energy storage technology equipment for the entire technology route and the entire industry chain of energy storage, promoting the industrialization of new energy storage technology, and building a central enterprise energy storage industry innovation center and intelligent manufacturing center.

In this cooperation, the two parties reached a cooperation intention in multiple fields such as energy storage project investment, energy storage market expansion, energy storage integrated equipment procurement, and technological innovation based on the principles of voluntary equality, high efficiency, high quality, stability, and mutual benefit, and formally signed a cooperation agreement. The two parties will be committed to continuously cultivating and developing a long-term and stable strategic cooperative relationship, actively exploring effective cooperation models, and constantly improving the communication and cooperation mechanism between the two parties, so as to fully promote the high-quality development of the energy storage industry.Editor/Zhang Liyuan