Kehua Signed a Strategic Cooperation Agreement with ZTT
Recently, ZTT New Energy Business Group and Kehua Data Co., Ltd., signed a strategic cooperation framework agreement. In the future, Kehua and ZTT will cooperate with each other in developing PV, energy storage, integrated energy business, renewable energy, and other technologies to achieve a win-win situation.
Thanks to its strong strength in micro-grid technology, ZTT maintains a leading position in the field of distributed PV and achieves breakthroughs and innovations in key materials and large-scale energy storage systems, thus providing customers with all-round green energy solutions.
As a professional power enterprise, Kehua possesses the professional technology of energy storage and the advantages in the industry market. Chen Sixiong, president of Kehua, pointed out, “Thanks to the Gemini strategic layout, Kehua will have a broad demand for residential energy storage, large-scale power plant level energy storage, industrial and commercial energy storage, and backup energy storage, so the cooperation with ZTT will take both sides to a new level and also promote the high-quality development of world’s economy under the dual carbon goal.”
In addition, the two sides discussed in depth the market environment, energy storage safety, battery technology, and backup power storage. Kehua and ZTT will work together to contribute to the cause of energy conservation and environmental protection, and jointly promote the development of clean energy and comprehensive energy.
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 2021, the company's global cumulative installed PV capacity has exceeded 21GW, and the global cumulative installed energy storage capacity has exceeded 2GW/4GWh. 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 ZTT New Energy Business Group
ZTT embarked on optical fiber communications in 1992, accessed to the” smart grid” in 2002, and commenced work on renewable energy products in 2011. ZTT follows the new economic model of fostering cleaner production and accelerating green and low-carbon development, emerging as a green manufacturing technology group assuming regional economy.