Cornex New Energy and Siemens Energy Form Joint Venture for Battery Storage
Cornex New Energy and Siemens Energy formed a joint venture to develop and deploy battery storage solutions for renewable energy projects. The JV will focus on grid-scale storage and microgrids.
Source Intelligence
Cornex New Energy plans to establish an overseas base in Egypt. This expansion aims to build a total planned capacity exceeding 500GWh. Cornex New Energy’s full-year shipment volume exceeded 90GWh in 2025, representing a 350% increase compared to 2024.
"Cornex New Energy has signed an investment agreement with the Wuhan Municipal People’s Government for the "Wuhan Cornex Phase II New Energy Battery Production Project.""
"Cornex New Energy has signed an investment agreement with the Wuhan Municipal People’s Government for the "Wuhan Cornex Phase II New Energy Battery Production Project.""
"The company has signed long-term procurement agreements with industry leaders such as Kedali, Nuode Shares, Tinci Materials, and Lopal Tech."
"The company has signed long-term procurement agreements with industry leaders such as Kedali, Nuode Shares, Tinci Materials, and Lopal Tech."
"The company has signed long-term procurement agreements with industry leaders such as Kedali, Nuode Shares, Tinci Materials, and Lopal Tech."
"The company has signed long-term procurement agreements with industry leaders such as Kedali, Nuode Shares, Tinci Materials, and Lopal Tech."
Global Infrastructure Sherpa