Vision Group and Dian-E Sign Strategic Partnership Agreement for Energy Storage Battery Sales and Rentals

On September 5, Shenzhen based companies Vision Group and Dian-E signed a strategic partnership for the sale and/or rental of batteries for energy storage.  Under the terms of the agreement, Dian-E promises to give priority to Vision Group as its supplier of batteries for purchase and/or rental.  Dian-E and its related companies agree to the purchase of no less than 430 million RMB worth (including tax) of Vision Group battery products over the course of the three-year agreement.

Vision Group established began its energy storage ventures in 2015.  The company’s lead-carbon and Li-ion battery products have seen widespread use in energy storage and microgrid applications, while its fuel cell products have seen use in the international telecom industry.