Cornex and Yotai Secure Major Energy Storage Contracts in Saudi Arabia and Romania
Cornex New Energy signed a strategic agreement with Al Rajhi Electrical in Saudi Arabia to supply 5.5GWh of energy storage over three years. Concurrently, Yotai announced a partnership with Metropolitan Energy SRL in Romania to develop a 135MW/270MWh energy storage project, enhancing grid stability and renewable energy absorption.
Theia Market Signal Identification - AI Assisted
Cornex New Energy has entered a strategic cooperation agreement with Al Rajhi Electrical in Saudi Arabia to provide 5.5GWh of energy storage products over the next three years. This partnership positions Cornex as the first Chinese strategic partner in the Saudi energy storage market.
Shanghai Greengrid will support project implementation and localized manufacturing. Meanwhile, Yotai (Yongtai Digital Energy) partnered with Metropolitan Energy SRL in Romania to develop a 135MW/270MWh energy storage project in two phases, utilizing its Ener Hexon® Aurora 5015 battery system. This project will improve grid frequency regulation and enhance renewable energy integration.
Comments