Who owns pylontech Europe?

It's jointly owned by Pylon Technologies Europe Holding B.V. ("Pylontech EU"), a company incorporated under Dutch law wholly owned by Pylontech, and Energy S.p.A. ("Energy"), who have been in cooperation for ten years with shared commitments to promote renewable energy and decarbonization initiatives.

Will pylontech build its first overseas factory in Italy?

SANT'ANGELO DI PIOVE DI SACCO, Italy, May 18, 2023 /PRNewswire/ -- Pylon Technologies Co., Ltd. ("Pylontech") announces its plan to build its first overseas factory in Italy at a press conference in Veneto on 18 May 2023.

Who is pylontech?

For more information, please review our Cookie Policy. Pylontech is the world's leading battery energy storage system supplier. Pylontehc offers products and solutions for all scenarios, including residential, utility, C&I and so on.Pylon Technologies Co., Ltd.

Does pylontech produce lithium-ion battery cells?

Pylontech produces both lithium-ion battery cells and BESS units and listed on the Shanghai Stock Exchange two years ago, when it announced it would have 4GWh of BESS production capacity by 2024. Energy SpA and Pylon Technologies have formed a joint venture to set up a battery gigafactory in Italy serving the energy storage market.

Why should pylontech start localised production?

Jinpeng “Geoffrey” Song, Vice President of Pylontech’s international business, adds: “It is an important step for Pylontech to start localised production, as our partners, especially in Europe, are eager to have a more secure and stable supply chain.”

Why did pylontech choose Veneto?

Said Geoffrey Song, vice president of Pylontech, "We picked up Veneto as the starting place which enjoys both long time wisdom from Galilei and fresh friendship from Energy. I believe in the super bright future of renewable energy industry in EU by leveraging the global wisdom and local resources.