JA Solar Enters Energy Storage Market With Strategic Partner

• JA Solar has signed a strategic cooperation agreement with Beijing Hyper Strong Technology Company, a leading energy storage system integrator and energy storage system service provider in China.

According to the agreement, JA Solar and Hyper Strong will carry out comprehensive and in-depth cooperation in the business areas of household energy storage systems, industrial & commercial distributed PV energy storage projects, large-scale overseas PV energy storage projects and construction of overseas electricity trading platforms.

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The two parties will set up a joint venture company to take the lead in the R&D, production and sales of household energy storage systems and related power electronic equipment, and explore the development, construction and operation of overseas industrial & commercial, power-side and grid-side energy storage projects.

Author: Bryan Groenendaal