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Special Cash Dividend To Be Distributed Results Highlights: Profit attributable to equity holders increased 18% to HK$19.5 million (2024: HK$16.5 million). Wind resources improved significantly, with power dispatch rising 13.3% YoY to 1,499.2 GWh or 2,043 utilization hours. Strong balance sheet with net debt/equity ratio of -12%. Final dividend of HK0.5 cents (2024: HK0.5 cents). Special dividend of HK3.0 cents for total dividend of HK3.5 cents per ordinary share. HONG KONG, April 1, 2026 /PRNewswire/ -- China Renewable Energy Investment Limited ("CRE" or the "Company", and with its subsidiaries, collectively, the "Group") (HKEx stock code: 987) announced yesterday its 2025 annual results. Wind conditions significantly improved in 2025.For 2025, wind resources were significantly better compared to 2024. Total power dispatch at the company's wind farms in 2025 was 1,499.2 GWh or 2,043 utilization hours, an increase of 13.3% compared to 1,323.1 GWh or 1,803 utilization hours in 2024. Dispatch at Songxian rose by 41.9% (windspeed 4.8 m/s to 5.3m/s), Danjinghe by 15.4% (windspeed 5.6 m/s to 6.1 m/s), Lunaobao by 4.9% (windspeed 6.5 m/s to 6.9 m/s), and Changma by 17.8% (windspeed 6.2m/s to 6.7 m/s). Mudanjiang saw a 13.2% decrease (windspeed remained the same at 5.2 m/s, with curtailment rate rising from 11.2% to 25.1%) and Siziwang Qi declined by 2.2% (windspeed 5.4 m/s to 5.9 m/s, but curtailment rate increasing from 3.1% to 15.2%). Net profit increased 18%. The Group recorded HK$172.2 million in turnover, a 6% YoY increase. Gross profit for the year increased 39% YoY to HK$45.8 million. Finance costs have been reduced as the Group has repaid loans without incurring additional capital expenditures, dropping from HK$11.6 million in 2024 to HK$1.7 million in 2025. For the Group's associate company wind farms, wind conditions were also good during 2025. However, since April 2024, the Group no longer receives tariff subsidies for its windfarms at Danjinghe and Changma. This has been expected as both wind farms reached the 30,000 hours of wind power dispatch subsidy allowed by the original contract. Net profit from the associates increased 15% to HK$25.5 million as compared to last year's HK$22.2 million. The Group experienced increased curtailment and lower power tariffs as more of the Group's power were sold at market rates. However, this year's strong wind resources more than compensated. Overall, the Group's net profit after tax attributable to the equity holders of the Group for the year ended 31 December 2025 increased 18% to HK$19.5 million or earnings per share of HK0.78 cents. Accounts receivables declined and balance sheet continued to improve.Accounts receivables have improved, declining 15.5% from HK$322 million in 2024 to HK$272 million. Unlike large state-owned enterprises, CRE has made the careful decision not to expand unless the returns are reasonable. As a result, the Group has strong cashflow and a very strong balance sheet. The Group has bank deposits and cash of HK$429 million versus bank borrowings of HK$205 million, with a net debt equity ratio of -12%. Announcing special dividend.Mr. OEI Kang, Eric, Chief Executive Officer of CRE, said, "We were pleased with our performance this year, despite increased curtailment and lower power tariffs. Given our strong balance sheet, in addition to our regular dividend of HK0.5 cents per share, we have decided to distribute an additional special dividend of HK3.0 cents per share for a total dividend of HK3.5 cents per ordinary share. With the government's move towards market-based power tariffs, CRE is taking a more cautious approach to expansion and is carefully analyzing the latest market prices before deciding on new investments. We are very return focused, so given this uncertainty, the Group has decided to pause new expansion plans. The Group will continue its feasibility studies on its repowering projects for existing windfarms. If projects do not look feasible, we will consider continuing to return cash to shareholders." About China Renewable Energy Investment Limited (stock code: 987)CRE is one of the leading external investors and operators in the renewable energy business in China. Currently, CRE has eight wind farms with a gross capacity of 738 MW (net capacity of 427 MW) under operation. Two 30 MW wind farms in Mudanjiang of Heilongjiang Province (with respective shareholdings of 86% and 86.6%); two 49.5 MW wind farms in Siziwang Qi of Inner Mongolia Autonomous Region (with shareholding of 100%); one 200 MW wind farm in Danjinghe and one 100 MW wind farm in Lunaobao of Hebei Province (with respective shareholding of 40% and 30%); one 201 MW wind farm in Changma of Gansu Province (with shareholding of 40%); one 74 MW wind farm in Songxian of Henan Province (with shareholding of 100%); and one 4 Mega-Watt-peak distributed solar project in Nanxun district of Huzhou in Zhejiang Province (with shareholding of 100%). For our minority projects, CRE is partnering with China Energy Conservation and Environmental Protection Group ("CECEP"), one of the largest and strongest state-owned renewable energy companies in China.
RESTON, Va., April 1, 2026 /PRNewswire/ -- Bechtel today announced the appointment of Lucy Martin as president of its Mining & Metals (M&M) business, effective April 6, 2026. She succeeds Ailie MacAdam, who will retire in May after an exceptional 41-year career with the company. Lucy Martin, President of Bechtel’s Mining & Metals Business "Lucy is a proven leader with the strategic vision, deep mining sector knowledge, operational discipline, and customer focus to advance our Mining & Metals business," said Craig Albert, Bechtel President and COO. "Over more than two decades, she has built diverse, creative, high-performing global teams focused on solving our customers' most important challenges and is exceptionally well positioned to lead this business into its next phase of growth. We are also deeply grateful to Ailie for her remarkable leadership and lasting contributions to Bechtel." Martin brings more than 24 years of experience with Bechtel, with a track record of driving growth, strengthening performance, and delivering results by meeting customers' expectations across global markets. Her leadership roles have included: General Manager, South America — Accountable for all aspects of the mining business in South America, including profit and loss, talent management, operations and business development, advancing major copper and water infrastructure projects while strengthening long-term partnerships in critical minerals markets. Operations Manager, Americas — Led operational performance across projects in the Americas, with responsibility for execution discipline, delivery outcomes, and operational risk management. Chief Financial Officer, M&M — Oversaw commercial strategy, financial forecasting, and portfolio‑level risk management, strengthening financial discipline and improving portfolio performance globally. General Manager, Asia Pacific — Drove regional growth and expanded our iron ore offering, including opening the Perth office and establishing our bulk material handling Centre of Excellence, deepening customer relationships across Australia and the broader region. "Our Mining & Metals business has strong momentum and a clear strategy," said Martin. "My focus is to build on that foundation while sharpening how we support our customers in a rapidly evolving global market. We will continue to enhance how we deliver — helping customers solve their most complex challenges, from cost-effective development and productivity to safety, reliability, and certainty of outcomes." MacAdam, who has served as president since 2020, leaves behind a legacy of strengthened execution, improved financial performance, and sustained growth. Under her leadership, the business advanced major projects in key global markets and achieved its strongest new work bookings in 15 years in 2025. For more information about Bechtel's Mining & Metals capabilities and solutions, visit bechtel.com. About Bechtel Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place. Bechtel serves the Energy; Infrastructure; Manufacturing & Technology; Mining & Metals; and Nuclear, Security & Environmental markets. Our services span from initial planning and investment, through start-up and operations. www.bechtel.com Contact: Ashley Accardo| aaccardo@bechtel.com Photo - https://mma.prnasia.com/media2/2946977/Lucy_Martin.jpg?p=medium600Logo - https://mma.prnasia.com/media2/326556/New_BECHTEL_LOGO.jpg?p=medium600
Results Highlights Leveraging the dual-drive strategy of "Globalisation" and "Mid-to-High-End", TCL Electronics has achieved quality growth in global business and continuously strengthened overall profitability. In 2025, the Company's revenue increased by 15.4% year-on-year (YoY) to HK$114.58 billion, profit after tax increased by 36.7% YoY to HK$2.53 billion, and adjusted profit attributable to owners of the parent increased by 56.5% to HK$2.51 billion compared with the previous year. In 2025, TCL TV's shipment ranking consistently remained at the second position among global branded TVs [1]; TCL Mini LED TV global shipment surged by 118.0% YoY, with its scale consistently ranking the first globally [2]. The continuous advancement of the "Mid-to-High-End" strategy has driven the gross profit margin of the large-sized display business to increase by 1.3 percentage points YoY to 16.8% during the year. The internet business sustained high profitability. In 2025, internet business revenue increased by 18.3% YoY to HK$3.11 billion, with a gross profit margin as high as 56.4%. The Company's overseas flagship models were among the first in the industry to integrate Google Gemini. As at the end of 2025, TCL Channel's global cumulative user base exceeded 45.70 million, with commercialisation and monetisation capabilities significantly strengthened. The innovative business continued to expand in scale, with revenue in 2025 surging by 31.9% YoY to HK$35.63 billion. Among these, the photovoltaic business revenue increased by 63.6% YoY to HK$21.06 billion, demonstrating outstanding market competitiveness and development resilience. The Board proposed a final cash dividend of HK49.80 cents per share for 2025, with a dividend payout ratio of approximately 50% of adjusted profit attributable to owners of the parent. HONG KONG, March 28, 2026 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) announced its annual results for the year ended 31 December 2025. In 2025, the Company continued to make breakthroughs in product mix, technological leadership and quality enhancement, achieving healthy growth in business scale. During the year, the Company achieved revenue of HK$114.58 billion, representing a YoY increase of 15.4%, and its gross profit reached HK$17.90 billion, representing a YoY increase of 15.1%. The Company continued to strengthen the building of various core capabilities, fully introduced AI applications across R&D, manufacturing, supply chain and sales, and comprehensively enhancing operational efficiency, with the overall expense[3] ratio decreasing by 0.7 percentage points YoY to 11.1%. In 2025, the Company achieved continuous improvement in internal operational efficiency and its overall profitability continued to be optimised. Its profit after tax increased by 36.7% YoY to HK$2.53 billion, and adjusted profit attributable to owners of the parent reached HK$2.51 billion, representing an increase of 56.5% compared with HK$1.61 billion of the previous year. To reward Shareholders for their long-term support and share development results, the Board proposed a final cash dividend of HK49.80 cents per share for 2025, with a dividend payout ratio of approximately 50% of adjusted profit attributable to owners of the parent. The final dividend per share increased significantly by 56.6% as compared with the previous year. Mid-to-high-end display products and international market becoming core growth drivers, with TCL Mini LED TV maintaining global No. 1 position Benefitting from effective enhancement of brand influence, efficient expansion of global channels and continuous optimisation of product mix, the Company's display business revenue in 2025 increased by 9.2% YoY to HK$75.80 billion, gross profit increased by 16.4% YoY to HK$12.48 billion, and gross profit margin increased by 1.1 percentage points YoY to 16.5%. The large-sized display business achieved revenue of HK$64.71 billion during the year, representing a YoY increase of 7.7%; gross profit reached HK$10.90 billion, representing a YoY increase of 17.2%, with gross profit margin increasing by 1.3 percentage points YoY to 16.8%. In 2025, TCL TV's global shipment market share reached 14.7%, representing a YoY increase of 0.8 percentage points, consistently ranking second globally[4]; TCL Mini LED TV global shipment surged by 118.0% YoY, with shipment proportion increasing by 6.8 percentage points YoY to 13.0%, and shipment market share reaching 31.1%, ranking firmly at the first position globally[5], demonstrating the Company's technological leadership and market competitiveness in the high-end display segment. In terms of the international market, the large-sized display business' revenue reached HK$47.50 billion, representing a YoY increase of 15.7%, with gross profit increasing by 29.4% YoY to HK$7.17 billion. The large-screen trend in the international market continued to accelerate, with overseas shipment of 65-inch and above TCL TVs surging by 50.0% YoY and shipment proportion increasing by 6.7 percentage points YoY to 24.2%; shipment of TCL Mini LED TV in the international market surged by as much as 228.0% YoY, with shipment proportion increasing by 7.1 percentage points to 10.6%. Benefitting from the optimisation of product mix, the gross profit margin from the international market increased by 1.6 percentage points YoY to 15.1%, with the premiumisation strategy delivering remarkable results. In the European market, the Company achieved full coverage of key channels, driving revenue increased by 13.9% YoY. The product mix shifted towards higher value and higher gross profit margin. In the North American market, the Company successfully implemented the "Mid-to-High-End" strategy, achieving dual improvement in revenue and ASP. During the year, the revenue increased by 11.2% YoY, while ASP recorded an over 20% YoY increase. In emerging markets such as Latin America, the Middle East and Africa, and Asia-Pacific, the Company actively promoted localised operations and continued to advance the dual-track strategy of synergistic development between offline channels and e-commerce platforms, driving a 19.8% YoY increase in TCL TV revenue and effectively unleashing the potential for scale growth. In 2025, TCL TV ranked among the top 3[6] in terms of retail sales volume in over 20 countries worldwide. In terms of the PRC market, while the overall industry shipment volume declined due to weak consumer demand, the Company's large-sized display business achieved steady gains in market share against the market headwind, supported by the "Mid-to-High-End" strategy. During the year, the Company's core high-end products delivered outstanding performance. Among them, TCL Mini LED TV shipment increased by 33.6% YoY, with shipment proportion increasing by 7.2 percentage points YoY to 22.5%; TCL QLED TV shipment increased by 29.6% YoY with shipment proportion increasing by 6.4 percentage points YoY to 21.2%. The high-end product portfolio continued to expand. Product mix upgrades further deepened the large-screen and mid-to-high end trends. The mid-to-high end trend also made the large-screen trend more prominent. The shipment proportion of 65-inch and above TCL TVs in the PRC market rose to 57.6% in 2025, with the average size increasing to 64.3 inches. The significant improvement in product mix drove the overall gross profit margin to increase by 1.9 percentage points YoY to 21.7%, with significant improvement in profitability and steady enhancement in operational quality. During the year, the small-and-medium-sized display business adhered to the strategy of "prioritising efficiency and focusing on key markets", deeply cultivated tier-one network carrier channels in Europe and North America, and consolidated strategic relationships with core partners, achieving steady development. In 2025, revenue of the Company's small-and-medium-sized display business increased by 17.8% YoY to HK$9.97 billion, with gross profit increasing by 10.4% YoY to HK$1.44 billion. In addition, the Company's smart commercial display business leveraged the globally leading resource advantages of its TV business, and focused on four major scenarios of office, retail, catering business and exhibition, thus continuously enhancing product competitiveness. In 2025, revenue of the smart commercial display business increased by 28.4% YoY to HK$1.12 billion, with gross profit increasing by 24.0% YoY to HK$0.14 billion. Deepening collaboration with global giants and driving TV interaction and upgrade through AI to achieve growth in both revenue and profit for internet business TCL Electronics continuously seized global new opportunities arising from AI technology development and deeply cultivated the global home internet sector, placing users at the core, strengthening the construction of AI and content ecosystems, and continuously enhancing user experience. During the year, the Company's internet business achieved simultaneous improvement in business scale and profitability quality, with revenue increasing by 18.3% YoY to HK$3.11 billion, gross profit increasing by 18.8% YoY to HK$1.75 billion, and gross profit margin standing at 56.4%, maintaining strong profitability. In the international market, TCL Electronics continued to deepen strategic cooperation with international giants such as Google, Roku and Netflix, with flagship models pioneering the industry to integrate Google Gemini, and upgraded the AI interactive experience, whilst completing a comprehensive upgrade of its content aggregation application, TCL Channel. The proportion of local premium content doubled, driving a substantial YoY increase of 150.0% in average daily total usage duration. By the end of 2025, TCL Channel's global cumulative users exceeded 45.70 million, with content appeal and commercialisation and monetisation capabilities significantly strengthened, further solidifying the leading advantages in the global home internet business. In the domestic market, leveraging its proprietary OTT smart device operating platform, the Company focused on AI content generation and interactive experience upgrades. In terms of product innovation, the Company focused on upgrading AI technology on the TV front to deliver an even more immersive interactive experience. Meanwhile, the Company created a proprietary copyright "Content Factory" through AI, achieved large-scaled implementation of AI-generated content in the children's segment, and improved AI-generated animation creation efficiency through self-developed tool Agent. The AI hardware product Amby Uni was successfully launched to the market. During the year, the Company continuously optimised the business structure and consolidated its leading position in the global home internet sector. Driving high-quality growth of photovoltaic business through the asset-light operating model while building long-term competitive advantages via diversified AI layout By consistently increasing R&D investment, the Company focused on AI technology to cultivate its second growth curve. By leveraging the enhancement of global marketing and brand influence, the innovative businesses achieved continuous expansion during the year, with revenue surging by 31.9% YoY to HK$35.63 billion in 2025. The photovoltaic business adhered to a relatively asset-light approach in the domestic market. It developed market-based electricity trading capabilities, strengthened channel partnerships, and steadily enhanced operational efficiency and competitiveness, entering a phase of high-quality development. The overseas business focused on key European countries, leveraged SunPower to enhance brand synergy, and accelerated the "solar-storage-heating" product layout and business expansion. In 2025, the photovoltaic business' revenue increased by 63.6% YoY to HK$21.06 billion, with gross profit increasing by 47.5% to HK$1.81 billion. In 2025, the photovoltaic business achieved new installed capacity of 8.0 GW domestically and cumulatively contracted over 340 industrial and commercial projects, with cumulative dealer channels exceeding 2,530 and contracted rural households totaling nearly 360,000. In the AR/XR sector, RayNeo, incubated by the Company, continued to maintain its industry-leading position. In 2025, RayNeo held a 32% market share in the PRC AI/AR glasses market, ranking first with an absolute advantage[7]; in the PRC AR glasses online market in 2025, RayNeo held a 35.4% sales volume share, maintaining rapid growth amid intensifying market competition, and ranking first in the PRC online omni-channel market for four consecutive years[8]. In terms of product innovation, the Company launched in October 2025 the world's first HDR glasses, RayNeo Air 4, integrating seven major technological highlights and leading industry technology development. At CES 2025, the Company launched TCL AiMe, the world's first modular AI companion robot, perfectly integrating AI technology, IoT control and home companionship functions. As the smart home ecosystem matures, innovative products such as TCL AiMe are expected to become widely seen in future homes, demonstrating enormous market potential. Future Outlook: Driving industrial upgrade through AI, focusing on dual enhancement of profitability and scale, and achieving high-quality development Looking ahead, the Company will continue to uphold the business philosophy of "Strategy Guidance, Innovation Driven, Advanced Manufacturing and Global Operation". The core business will adhere to the dual-drive strategy of "Globalisation" and "Mid-to-High-End", while new business segments will take AI innovation and digital intelligence empowerment as key drivers. The Company is committed to continuously expanding its global scale, improving profitability, and achieving high-quality sustainable development. In terms of Shareholder return, the Company attaches great importance to the long-term value of Shareholders. Going forward, while maintaining sound business growth, the Company will continuously optimise its capital structure, aiming to deliver sustainable, high-quality and long-term returns to Shareholders through solid performance. [1] Source: Global brand TV shipment of 2025 from Omdia. [2] Source: Global brand Mini LED TV shipment of 2025 from Omdia. [3] Overall expenses include selling and distribution expenses and administrative expenses. [4] Source: Global brand TV shipment of 2025 from Omdia. [5] Source: Global brand Mini LED TV shipment of 2025 from Omdia. [6] Source: Circana (for the U.S. market) and the Company's internal reports (for other markets), based on TV retail sales volume of 2025. [7] Source: CINNO Research, sales volume data of consumer-grade AI/AR market in China for 2025. [8] Source: RUNTO, brand sales volume share data of the online AR glasses market in China for 2025. About TCL ElectronicsTCL Electronics Holdings Limited (01070.HK, incorporated in the Cayman Islands with limited liability) has been listed on the Main Board of The Stock Exchange of Hong Kong Limited since November 1999. Its business scope covers display business, innovative business, and internet business. Guided by the business philosophy of "Strategy Guidance, Innovation Driven, Advanced Manufacturing and Global Operation", TCL Electronics actively embraces transformation and innovation and focuses on breaking into the mid-to-high-end global market, and strives to the all-category layout for the "Smart IoT Ecosystem". Dedicated to providing users with all-scenario smart healthy living experiences, TCL Electronics aims to become a leading global intelligent terminal enterprise. TCL Electronics is included in the list of eligible shares for Shenzhen-Hong Kong Stock Connect. It is a constituent stock of the Hang Seng Stock Connect Hong Kong Index, the Hang Seng Composite LargeCap & MidCap Index, and the Hang Seng Composite MidCap Index. Since 2018, the Company has been awarded an ESG rating of A by Hang Seng Indexes Company for several consecutive years. For more information, please visit TCL Electronics' investor relations website at http://electronics.tcl.com, or access the official WeChat account of TCL Electronics Investor Relations.
DONGGUAN, China, March 27, 2026 /PRNewswire/ -- Huawei's 6th Global Installer Summit was held in Songshan Lake, Dongguan, China. More than 500 partners and installers from 29 countries and regions worldwide gathered to discuss industry trends, solutions, and business models, and to explore new paths for high-quality development. Zhou Jianjun, Vice President of Huawei and President of Global Marketing, Sales and Services at Huawei Digital Power, noted that Huawei adopts a deterministic strategy to embrace AI, digitalization, intelligence, and decarbonization. He emphasized quality as the cornerstone of Digital Power and affirmed Huawei's commitment to working with partners and installers to grow, create value, set high standards, and win together. In terms of company culture and strategies, Xia Hesheng, CMO of Huawei Digital Power, said that Huawei believes serving customers is its core purpose, with their needs driving development. Huawei Digital Power prioritizes quality, delivering high-quality products and services throughout the lifecycle. Jack Tong, President of the Global Residential and C&I Business Dept at Huawei Digital Power, shared Huawei FusionSolar's installer strategy. He pointed out that installers and EPCs are the safety guardians, quality assurance providers, and last-mile value creators in the shift from energy consumers to prosumers. In terms of service capability building, Allen Zeng, President of the Technical Service & Operation Dept at Huawei Digital Power, said that Huawei Digital Power is committed to making installers' work simpler and more efficient, with a three-dimensional service system built on quality, expertise, and vision. To advance customer-centricity, innovation, and partner support, Huawei launched Installer Voice Loop at the summit. Powered by AI, the platform gathers and analyzes frontline feedback, identifies product needs, drives closed-loop problem resolution, and continuously enhances products and services. Installer Voice Loop launch ceremony Jack Tong introduced Huawei's One-Fits-All solutions for residential and C&I scenarios, featuring proactive safety, premium quality, higher profitability, and all-scenario adaptability to support green transformation. Simon Sun, President of the Smart PV Management System Business at Huawei Digital Power, shared insights on the FusionSolar AI agent, explaining how AI can boost productivity and lower O&M costs. The FusionSolar expert team analyzed the core value of Huawei's One-Fits-All solutions, sharing professional insights to help global installers deepen understanding and enhance capabilities. The residential and C&I marketing director introduced the installer marketing guide and reaffirmed Huawei's commitment to collaboration with partners. The Best Installer Contest was a summit highlight, with eight global representatives sharing real-world cases and competing on site to showcase practical expertise and innovative models. The installer plaque and awards ceremonies honored outstanding teams and individuals, further inspiring professional growth and recognition within the installer community. As AI and energy technologies converge, the industry enters a new phase of intelligent, high-quality growth. Huawei addresses challenges with certainty, viewing installers as core partners and strengthening global collaboration through innovation, capability enablement, and ecosystem development. Learn more about the summit at Huawei Digital Power's official website: https://digitalpower.huawei.com/en/news/fusionsolar/6th-global-installer-summit
TOKYO, March 27, 2026 /PRNewswire/ -- During Smart Energy Week, SINEXCEL and AI.net officially signed a strategic partnership agreement, marking a new step in expanding energy storage deployment across the Japanese market. SINEXCEL and AI.net Sign Strategic Partnership at Smart Energy Week to Accelerate Japan’s Utility-scale Energy Transition AI.net: A Pioneer in Local Renewable Investment AI.net specializes in the planning, development, and operation of new energy businesses. The company is actively involved in the promotion of renewable energy projects and the formulation of group management strategies, playing an important role in advancing sustainable energy initiatives across Japan. Six Years in Japan, 50+ Proven Projects In a market defined by stringent grid codes, SINEXCEL builds high-reliability systems using Modular and Silicon Carbide (SiC) technologies. To navigate grid complexity, SINEXCEL developed five grid-forming technologies: S-level Black Start, Active Adaptive Tuning, Load Oscillation Suppression, Seamless Grid-tied/Islanded Mode Transition, and Hybrid Source Control. In terms of performance, SINEXCEL equipment supports 1.5x overload for 60 seconds—significantly exceeding the 1.1x industry average—providing superior safety margins for the Japanese grid. These capabilities are proven across 50+ local projects, including 10+ high-voltage sites interconnected with major utilities like TEPCO, Chubu Electric, and Kyushu Electric. "With Japan's 50% renewable target and the maturing FIP mechanism, frequency regulation is becoming a core frontier," said Renesmee Wu, SINEXCEL Sales Director for Japan. "Leveraging a profound understanding of local grid characteristics and extensive field experience, SINEXCEL has established a robust portfolio of flagship projects across Japan. This partnership with AI.net is a milestone in building our localized ecosystem to drive Japan's sustainable transition." Global Reach, Local Support Globally, SINEXCEL has deployed over 17GW of capacity across 60+ markets and 5,000+ projects, supported by 10+ service centers worldwide. Looking ahead, SINEXCEL and AI.net will leverage their combined expertise to accelerate the deployment of reliable, high-performance energy storage solutions across Japan, supporting the country's transition to a cleaner, more resilient power system. About SINEXCEL Founded in 2007, SINEXCEL is a pioneer in energy storage, EV charging, and power quality solutions. With 17 GW of installed storage, 140,000 EV chargers, and nearly 20 million amperes of AHF deployed, SINEXCEL partners with industry leaders to empower energy freedom. Contact: renesmee_wu@sinexcel.com
SYDNEY, March 26, 2026 /PRNewswire/ -- Recently, Fox ESS, a leading provider of renewable energy solutions, has claimed the top position nationally for installed energy storage capacity in February, according to SunWiz, Australia's leading solar energy consultancy. Fox ESS Claims No.1 Spot in Australia for Energy Storage Installations SunWiz's February market report shows Fox ESS achieving the highest installed storage capacity in Australia, a milestone that underlines the company's rapid momentum across the residential storage market. The ranking follows further recognition earlier in this year, when SunWiz named Fox ESS Top Growth Leader for 2025. The company also reported continued scale-up, reaching nearly 12k installations in February. "A longstanding leader in the UK and German markets, Fox ESS has rapidly established itself as a leading force in Australia's energy storage sector. Their competitively-priced solution and international leadership are clearly resonating with both installers and consumers, and the February results reflect their strong and growing position in the Australian market," Warwick Johnston, Managing Director of SunWiz, said. Performance and efficiency underpin the growth The success isn't from a single burst. Instead, it builds on Fox ESS's ongoing commitment to delivering high-performance products and technology worldwide. Earlier this month, Fox ESS reported achieving a new benchmark of 97% energy storage system efficiency, assessed by HTW Berlin, described as one of the world's most rigorous testing organisations. Fox ESS has also previously ranked among the top brands in multiple markets, according to EUPD Research. Meanwhile, the latest S&P Global Energy Residential Energy Storage Index shows the company is ranked No. 1 for market share in the UK, Poland and across Europe, based on MWh shipments. Long-term commitment in Australia Fox ESS is pursuing a long-term strategy to support its growth in Australia, including building a 30-expert service team dedicated to help partners resolve issues promptly. The company has also expanded its footprint, with two offices opened in succession in Melbourne and Sydney, aiming to strengthen support for distributors, retailers and installers nationwide. "We're thrilled to achieve this tremendous milestone, and extremely grateful to the partners who've placed their trust in Fox ESS," said Brooks Richard, Managing Director of APAC & Middle East at Fox ESS. "As the market accelerates, we're doubling down on advanced products and tailored local services to help build a more resilient energy landscape for Australian households."
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