Kehua Tech & Hengyun Enterprise Collaborated on Renewable Energy Market
On December 13, 2021, Kehua Data Co., Ltd. (hereinafter referred to as Kehua Tech) and Guangzhou Hengyun Enterprise Holding Ltd. (Hereinafter referred to as Guangzhou Hengyun), signed a strategic cooperation framework agreement in the field of renewable energy market, and work together to empower the transformation of energy structure to improve social benefits and achieve mutual benefit and win-win results.
“This cooperation is committed to the commercial application of renewable energy storage technology.” Said Mr. Mr. Xu Hongsheng, president of Guangzhou Hengyun “Starting from the investment and operation of power generation side and grid side, our two company study the core technology of energy storage, produces core equipment of energy storage, and provides users with energy storage integrated solutions.”
Kehua is the No.5 World Storage Inverter Supplier (IHS Markit 2021) and Top 10 Solar Inverter Brands Used in Term-loan Financed Projects (Bloomberg). By the end of 2020, the company's global cumulative installed PV capacity has exceeded 18GW, and the global cumulative installed energy storage capacity has exceeded 1.1GW/3GWh. The overseas market has important strategic significance in the development blueprint of Kehua. In the future, it will continue to strengthen the strategic layout in the breadth and depth of the overseas market.
About Guangzhou Hengyun
With its headquarter in Guangzhou, Guangzhou Hengyun Enterprise Holding Ltd., one of the top 500 enterprises in Guangdong, is a key energy enterprise and a state-controlled listed company in the Development Zone in Guangzhou. It engages in power generation, heating, renewable energy, finance, park construction, new materials, energy conservation and environmental protection.