HyperStrong and NW Forge Partnership to Bring Advanced Energy Storage Solutions to Asia

HyperStrong, the Chinese leader in energy storage system integration, and NW, the French leader in electricity storage, have signed an agreement to jointly develop and operate JBox® and IECharge® products and solutions, along with associated services, in Asia.

The joint venture, based in Singapore and named NW Storm HyperStrong Asia, aims to deploy and operate distributed electricity storage units (JBox®) and high-power charging stations (IECharge®). The company will operate across the entire Asian continent, excluding South Korea and Japan.

This strategic partnership leverages the complementary expertise of both companies. HyperStrong, a leader in China for the integration of battery energy storage systems, possesses strong industrial know-how, with a cumulative installed capacity of over 20GWh, and extensive expertise in battery energy storage system integration. Its established presence in Asia and its deployment agility makes it the ideal partner for NW’s expansion into this new region.

NW is a leading player in electricity storage with 1GWh in operation across France, Finland, and Texas. It is also active in the electric mobility sector with 140 high-power charging stations in France and has a significant presence in the electricity markets.

Since September 2023, the two companies have been cooperating to expand energy storage products internationally. This new partnership is fully aligned with the strategic goals of both signatories.

Dr. Jianhui Zhang, Founder and CEO of HyperStrong, said: “Partnering with NW is an important step forward in our commitment in global clean energy transition. The new joint venture is the continuation of the successful partnership between two parties, with particular emphasis to expedite the deployment of cutting-edge, resilient energy storage technologies in Asian market.”

“We are excited to take this next step with our partner HyperStrong, which will allow us to combine technological innovation with industrial development to create competitive flexibility services in Asia, supporting the energy transition for all,” said Jean-Christophe Kerdelhué, Founder and CEO of NW, who added, “We are proud to export French expertise to Asia.”

About NW
NW develops various solutions to make the energy transition accessible to all. NW is the leader in France in distributed storage with its JBox® electricity storage unit. NW is also a significant player in high-power electric vehicle charging with the IECharge® technology. As a key player in the energy transition at the local level, NW relies on a patented technology that combines distributed storage with high-power charging stations. The company contributes to the development of renewable energy, mainly in rural and suburban areas. Through its innovative solutions, NW aims to increase the share of decarbonized energy in the electricity mix, supports grid stability, and contributes to the development of electric mobility both in France and internationally. The company has also been awarded the "Solar Impulse" label. In October 2024, NW secured non-recourse bank financing of 430 million euros from two international banks to accelerate its international development. As the first unicorn in the energy transition, NW is a member of the French Tech Next40.

For more information: www.nw-groupe.com