In January 2026, Far East Holding Group Co., Ltd. and Tianneng Holding Group Co., Ltd. officially signed a strategic cooperation agreement in Yixing, China, marking a new phase of comprehensive collaboration in the energy storage sector. The partnership aims to establish a long-term, ecosystem-wide cooperation framework covering project development, battery cell supply, system integration, project operation, and financial empowerment.

The agreement was signed by Cui Dong, Senior Partner of Far East Battery, Supervisor of Far East Battery Jiangsu, and Domestic Energy Storage Customer Officer, on behalf of Far East Holding Group, and Yuan Fubang, Deputy General Manager of the Energy Storage Business Unit of Tianneng Holding Group.

The signing ceremony was witnessed by senior management and core business leaders from both sides, including representatives from Far East Battery’s product solutions, energy storage research, and operations teams, as well as executives from Tianneng’s energy storage and industrial finance divisions.

On the day of the signing, the Tianneng delegation visited the Far East Zero-Carbon Campus, where they gained a comprehensive understanding of Far East’s energy storage system integration capabilities, source- and grid-side energy storage solutions, and zero-carbon industrial park practices. Following the visit, both parties held in-depth discussions on energy storage project development, collaboration between battery cells and system integration, and key future application scenarios. The two sides reached a consensus on accelerating the implementation of cooperation through concrete projects.

The two groups will build on their existing collaboration and fully leverage their respective strengths across the new energy and energy storage value chain.
In terms of project development, the parties will integrate market resources and customer networks, focusing on priority regions and key application scenarios to jointly advance energy storage projects.
In product and manufacturing collaboration, both sides will deepen coordination between battery cell supply and system integration, promoting bundled supply models and efficient delivery of integrated solutions.
In financial support, Tianneng’s industrial finance platform will provide diversified financing solutions and capital support for cooperative projects, further enhancing overall project competitiveness.

Against the backdrop of China’s “dual-carbon” goals and the rapid expansion of renewable energy installations, power systems are facing increasing demands for flexibility, stability, and safety. Energy storage is evolving from single-point applications toward large-scale, system-level deployment. At the same time, industry competition is shifting from cost-driven models to a more comprehensive evaluation of technological maturity, system reliability, and full lifecycle value.

Tianneng Holding Group brings strong manufacturing capabilities and scale advantages in power and energy storage batteries, while Far East Holding Group has accumulated extensive experience in energy storage system integration, engineering delivery, and source- and grid-side project implementation. Both parties believe that deepened strategic collaboration will enable complementary strengths and capability synergies, enhancing overall solution competitiveness and delivering higher-standard, more resilient energy storage solutions to the market.

Looking ahead, guided by this strategic cooperation agreement and supported by dedicated working mechanisms, Far East Holding Group and Tianneng Holding Group will continue to advance project implementation and accelerate the transformation of cooperation outcomes, jointly supporting the construction of new power systems and the global transition toward a greener, low-carbon energy future.