Holley Group and Sermatec Sign First Energy Storage Supply Agreement Between Mainland and Taiwanese Companies

The supplier agreement signed between Holley Group of Taiwan and Sermatec of mainland China will provide 1MWh of lithium-iron-phosphate energy storage equipment for an industrial-commercial peak shaving project. The project will be the first in Taiwan to utilize energy storage equipment provided by a mainland Chinese company.

Holley was founded in Taiwan in 1968.  The company is a provider of advanced materials, equipment, and technologies, including composite materials, engineering plastics, printed circuit boards, semiconductors, flatscreen monitors, touchscreen panels, and more.  Holley has established subsidiary companies and/or agencies in the United States, Southeast Asia, mainland China, and Japan.

Sermatec is a Shanghai-based provider of energy storage solutions, including inverters, BMS, EMS, module design, and systems integration.