Cornex and its Indian partner have signed a cooperation agreement for a 5GWh energy storage project at Cornex's Global Headquarters. The agreement entails in-depth collaboration on the CORNEX M5 energy storage system, a 5MWh battery energy storage container. This milestone signifies Cornex's official foray into the Indian market, paving the way for future global market expansion.
Under the agreement, Cornex and its Indian partner will initially cooperate on the 5GWh project, offering the Indian market the self-developed 20-foot 5MWh battery energy storage container, the CORNEX M5 series. Two projects, with capacities of 220MWh and 750MWh respectively, are scheduled to commence in 2025. This project is crucial for stabilizing the local power supply and enhancing India's energy structure optimization.
This cooperation represents a significant step in Cornex's internationalization strategy. Cornex remains committed to green development and aims to provide top-notch new energy solutions to global clients, contributing to the establishment of a clean, low-carbon, safe, and efficient global energy system.