Sany Silicon Energy and Yonghuang Lithium Industry Join Hands to Open Up a New Horizon for International Photovoltaic-Energy Storage Cooperation

Recently, Sany Silicon Energy and Yonghuang Lithium Industry held a signing ceremony in Changsha. Leaders including Dai Qinghua, Director of Sany Group and Chairman of Sany Silicon Energy; Xu Zhongtian, General Manager of the Microgrid Investment and Development Company; Liu Yonghui, Chairman of Yonghuang Lithium Industry; and Zhang Xuefeng, General Manager of Yonghuang Lithium Industry, gathered together to witness the all-round and in-depth cooperation between the two parties on new energy business expansion and global market layout, and signed the design and equipment procurement agreement for the EP+F project of Yonghuang Lithium Industry in Nigeria.

This project adopts the EP (Engineering, Procurement, and Construction Supervision) model with additional financial (F) support and is the first overseas new energy EP project to achieve three-year medium- and long-term project insurance coverage from Sinosure. Yonghuang Lithium Industry plans to construct an advanced grid-forming photovoltaic-energy storage system in Nigeria to meet its own electricity demand. Sany Silicon Energy is responsible for the entire project's design, procurement, construction supervision, and key commissioning tasks to ensure high-quality project delivery and continuous and stable electricity supply for the customer.

Prior to the signing, the two parties engaged in in-depth discussions on the latest trends, technological innovations, market opportunities, and challenges in the photovoltaic-energy storage field. In the fiercely competitive global new energy market, technological innovation and market expansion are of paramount importance. This signing ceremony has laid a solid foundation for cooperation between the two parties in energy and power projects in Nigeria and even globally, achieving mutual benefit and win-win results. Meanwhile, the two parties reached a consensus on the cooperation for Phase II of the project and committed to advancing it hand in hand, while diligently completing related work.

With all attendees witnessing the event, Xu Zhongtian and Zhang Xuefeng signed the project contract on behalf of the two parties. This moment marked the official launch of the Nigerian project and also foreshadowed closer cooperation between the two parties in the new energy sector, integrating their advantageous resources to drive the green transformation of the global energy structure and contribute to global sustainable development.