REPT BATTERO, an energy storage company, officially opened its North American subsidiary on September 9, 2024, in Irvine, California. This expansion follows the establishment of its European subsidiary in 2023 and a Southeast Asian subsidiary for research, marking significant progress in its global strategy.
Dr. Cao Hui, Chairman and CEO, emphasized that the United States is a strategic focus for the company. Establishing a localized team aims to enhance customer service and promote advanced energy storage technologies, contributing to a greener future.
Jason Hong, General Manager of REPT BATTERO North America, stated that the subsidiary intends to provide clients with comprehensive services through a local professional team and nationwide after-sales network, leveraging Irvine’s talent pool and technological advantages.
Irvine Mayor Farrah N. Khan presented the opening certificate and expressed anticipation for the subsidiary’s role in promoting environmental sustainability and green energy development through innovation.
The U.S. energy storage market is rapidly growing due to renewable energy expansion, technological advancements, policy support, and increasing demand. REPT BATTERO has signed agreements with Powin for 12 GWh of energy storage batteries and with Energy Vault for a 10 GWh liquid-cooled energy storage system.
According to InfoLink Consulting, REPT BATTERO ranks third globally in shipments of energy storage cells. The new subsidiary in Irvine is a crucial step in expanding its North American presence, aiming to provide improved technology, products, and services while fostering mutual development.
As a member of the United Nations Global Compact, REPT BATTERO is committed to sustainable development. The company presented its latest ESG achievements, focusing on six strategies: Corporate Governance, Product Responsibility, Environmental Protection, Sustainable Supply Chain, Human-Centered Approach, and Social Contribution. It received an A grade in its first ESG rating by Wind, an investment consulting organization.
Source: Yahoo Finance
