ZBB Energy China Joint Venture Meineng Energy Opens Factory for Manufacturing of Advanced Energy Storage and Control Products
ZBB Energy Corp. announced the opening of Anhui Meineng Store Energy System Co., Ltd.’s advanced manufacturing center in Wuhu, Anhui Province, China.
The factory is designed to have an annualized nameplate capacity rated at 100MWh of energy storage and control products. The 3,000 square meter production area is configured with state-of-the-art equipment, designed to assemble and test ZBB EnerStore™ advanced energy storage technology and ZBB EnerSection™ power and energy control systems. The ZBB EnerStore zinc bromide flow battery and the ZBB EnerSection power electronics represent the 3rd generation intelligent energy storage and control technology from ZBB Energy Corporation.
"Meineng Energy serves the China market, which is expected to be the largest in the world for the advanced energy storage and control systems," said Brad Hansen, Meineng Energy GM and CEO. "Our products will drive significant photovoltaic ("PV") and wind energy system productivity increases, in addition to enabling the 3rd wave of energy storage adoption for intelligent micro-grid and smart-grid based distributed energy systems."
Meineng Energy produces energy storage and control systems ranging from 50kWh to more than 5000kWh, customized to meet the specific needs of each application. Construction of the facility began in December 2011 and was completed by April 2012. Production began in May 2012, five months after completion of company registration.
"Initial production focuses on our energy storage products, based upon the ZBB EnerStore technology from ZBB. We presently have approximately 1000kWh of systems in varying stages of production, putting us well along the path of meeting our calendar year 2012 shipment objective," said Mr. Hansen. "We begin production of our power electronics family later this year. We are pleased to be in a position to ship initial ZBB EnerStore systems to multiple customers in the coming weeks."
"While today marks the celebratory opening of the factory, ZBB Energy and Meineng Energy have been working closely for some time now to ensure the successful factory start-up, and will continue to collaborate as the production ramp continues," said Dan Nordloh, ZBB Energy Executive Vice President of Global Business Development and member of Meineng Energy Board of Directors. "China represents one of the fastest growing and most significant market opportunities in the world for energy storage, and we are well positioned to play a significant role in providing for China’s energy storage requirements."
Meineng Energy is a joint venture company formed by ZBB-PowerSav Holdings Ltd. and Anhui XinDong Investment Management Company, Ltd. Meineng Energy is licensed to exclusively produce, sell, service and localize ZBB Energy Corporation products in China, and non-exclusively in Taiwan and Hong Kong.
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