HyperStrong and Luminous Energy Sign Strategic MoU to Boost U.S. Energy Storage Market

At the RE+ 2024, HyperStrong signed a strategic Memorandum of Understanding (MoU) with Luminous Energy, a leading global developer of large-scale energy projects. This partnership aims to develop and build utility-scale energy storage projects across North America, focusing on enhancing energy security, creating jobs, and investing in a more resilient grid, aligning with America's vision for a sustainable energy future.

HyperStrong brings over 12 years of experience in energy storage manufacturing and integration, with a strong track record of delivering safe, efficient, and intelligent energy storage systems worldwide. Luminous Energy has an established reputation for delivering high-quality renewable energy projects worldwide, including the groundbreaking Minety Energy Storage project in the UK, which was the largest battery energy storage system in the northern hemisphere upon completion.

The agreement marks a significant step forward in both companies' commitment to the U.S. energy market, which is currently experiencing rapid growth. The strategic partnership will leverage HyperStrong's advanced energy storage technology and Luminous Energy's project development expertise to create scalable, efficient storage solutions that meet the increasing demand for renewable energy storage in the U.S.

David Bryson, COO of Luminous Energy, emphasized the importance of this collaboration:
"Our company has always thrived on collaborating with the right partners in the right markets. Our partnership with HyperStrong in the U.S. will enable us to fully seize the incredible opportunities available in the utility-scale energy storage space. We look forward to working together to deliver affordable, resilient storage solutions that will help the United States move towards a more sustainable electricity network.

Dr. Jianhui Zhang, CEO of HyperStrong, expressed similar optimism:
"Our partnership with Luminous Energy allows us to contribute our advanced battery storage technology that are not only safe and efficient but also scalable to meet the demands of the fast-growing market to support the U.S. renewable energy transition.”

The two companies will explore joint projects, with HyperStrong serving as the project equipment integrator, and Luminous Energy continuing its focus on large-scale project development. The MoU outlines an ambitious vision to develop projects in key regions, creating opportunities for both companies to enhance their market competitiveness while contributing to the global clean energy transition.

About Luminous Energy

Luminous Energy is a leading UK-headquartered developer of international solar and storage projects with a portfolio of high quality projects delivered and in development across the UK, USA, Australia, Germany and Chile. Established in 2013, the renewable energy company is committed to giving more people all over the world access to clean and affordable renewable generated electricity.

About HyperStrong

Beijing HyperStrong Technology Co., Ltd. (“HyperStrong”) is a leading energy storage system integrator and service provider. With 12 years of R&D and experience garnered through more than 300 projects and over 15GWh of deployment, HyperStrong offers a full portfolio of energy storage products as well as one-stop solutions for clients ranging from thermal power and renewable power generation to C&I and residential users. Having built four smart manufacturing bases, two R&D centers, a testing lab and a global marketing center, HyperStrong empowers clients worldwide to achieve their energy transition and carbon neutrality goals.