On October 11, Gotion Hi-Tech, a leading new energy enterprise, announced that it had signed a strategic cooperation agreement with Sumec, a subsidiary of China National Machinery Industry Corporation (Sinomach). The two sides intend to actively explore and carry out all-round cooperation in power engineering, especially in the field of energy storage.
They will actively promote in-depth cooperation in home-use energy storage in overseas markets, industrial and commercial energy storage markets and optical and diesel storage integration projects. Over the next three years, the total cooperative energy storage project between the two parties is expected to top 10GWh.
As a subsidiary of Sinomach, a large state-owned enterprise, Sumec focuses on the trade of mechanical and electrical equipment and bulk commodities. It has substantial investment and financing capabilities in power…
Gotion Hi-Tech to Strengthen Cooperation in Engineering Energy Storage
