According to the strategic cooperation agreement, in addition to the cooperation related to battery energy storage systems, the two parties will give play to the advantages of technology, resources and other advantages in their respective professional fields to further explore the business cooperation model in the American market. It is reported that Kelu Electronics and Mitsubishi Power America have accumulated more than 2GWh in energy storage system supply cooperation. Kelu is the most important partner of the enterprise, and the two sides have grown together in the early project, mutual trust and mutual achievements, and precipitate a profound friendship of cooperation partners.

The signing of the strategic framework agreement marks the official opening of a new chapter in the comprehensive deepening of the strategic partnership between the two sides, and also expresses the recognition of Kelu’s leading position in the electronics industry in the United States and even the global market. The two sides will continue to promote resource sharing and technical cooperation to build a solid and sustainable strategic cooperative partnership. To this end, the two sides have established communication mechanisms such as high-level visits and daily departmental contacts to ensure the effective promotion of bilateral strategic cooperation.

At the signing ceremony, the management teams of both sides conducted in-depth exchanges on the current situation of energy storage in the North American market and future cooperation routes, and explored opportunities for further cooperation. Zhou Han, general manager of Kelu Electronic energy storage Products Company, said that the other side, as a world-renowned enterprise that occupies the forefront of the American market share for long-term energy storage orders, has been very concerned about its technological innovation and the pursuit of high-quality products. The deepening strategic cooperation has been reached, and the two sides can continue to explore the technological innovation and product iteration of new energy storage, helping the green transformation of the local market and helping the global low-carbon cause.

Kluk Electronics, a subsidiary of Midea Industrial Technology, signed a strategic cooperation framework agreement with Mitsubishi Electric Americas

Tom Cornell, senior vice president of Mitsubishi Electric, said that it will continue to invest heavily in the field of energy storage and is expected to achieve orders of more than 20GWh in the next five years. As one of the few energy storage companies with a firm foothold in the US market, Kelu Electronics has mature and reliable independent research and development strength and project application capability covering all application scenarios of energy storage, and cooperation between the two is an inevitable choice for win-win.

It is understood that Kelu established an American energy storage company in 2023, and is committed to meeting the stringent requirements of domestic and foreign energy storage markets with localized teams, localized standards, localized delivery, and localized after-sales. In overseas markets, Kelu Electronics has delivered the first large-scale lithium energy storage project of 24MW/63MWh in Indiana, 39MW/180MWh grid side energy storage project in California, 99MWh energy storage power plant project in Texas, and the largest 485MWh grid side energy storage project in South America. According to the statistics of Orennia, an international consulting agency, the top 6 projects in the United States in 2021 independent energy storage operating yield are all from Kelu.