ZOE recognized as a Bloomberg New Energy Finance Tier 1 energy storage manufacturer

2024-10-23

On October 23, 2024, Bloomberg New Energy Finance (BNEF), one of the most authoritative industry research institutions in the global renewable energy field, released the “BNEF Energy Storage Tier 1 List 4Q 2024.” ZOE Energy Storage proudly made the list.


As a leading global energy storage company, ZOE Energy Storage's recognition in the Tier 1 list not only showcases its outstanding innovation capabilities and market performance but also serves as an authoritative acknowledgment of its full-stack research and development across cloud-edge collaboration and its comprehensive energy storage solutions for various scenarios.



Technology and Innovation: Leading the Frontier of Energy Storage


ZOE Energy Storage has always placed “safety” and “efficiency” at the core of its product and technology R&D efforts, with continuous investment in innovation. The company has established global research centers and partnered with renowned universities, think tanks, and research institutions to push forward the development and application of cutting-edge technologies worldwide.


Through technological innovation, ZOE has introduced a series of groundbreaking energy storage products and solutions, such as the world’s first Acoustic Multi-Dimensional Fusion Sensor Technology, which significantly enhances early warning capabilities for energy storage system safety. Additionally, ZOE pioneered millisecond-level response modular energy storage systems, offering more flexible solutions for energy storage projects under complex conditions.


ZOE has developed a full-stack technology chain that covers proprietary research and development of key systems like PCS, EMS, and BMS, all the way to cloud-edge integration. This ensures the advancement of next-generation intelligent energy storage products and energy management systems. By leveraging its leading digital energy technology, ZOE enables smart management and optimized dispatch, driving the growth of Virtual Power Plants and building the foundation for future-oriented intelligent energy systems.



Market Expansion: Global Partner Ecosystem Driving Market Growth


ZOE’s strategic global market expansion and its deep penetration into regional markets are key drivers behind its Tier 1 recognition.


While achieving remarkable success in its home market of China, ZOE has also established an extensive ecosystem of partners across Europe, Southeast Asia, the Middle East, and South America. This broad network provides a competitive edge through market development, technical cooperation, and financial services integration.


ZOE Energy Storage collaborates closely with strategic customers and regional distributors, ensuring wide product coverage and efficient delivery across global markets through a strong network of local partners. Additionally, ZOE’s technical partnership network ensures seamless integration of its energy storage systems with local grids and dispatch systems, enhancing the adaptability of its solutions and accelerating response times for technical support and implementation.


Moreover, ZOE has partnered with leading international financial institutions to create dedicated financing platforms, offering flexible financial solutions that help clients reduce project funding pressures and accelerate the implementation of energy storage projects.



Global Projects: Diverse Application Scenarios Expanding Global Reach


ZOE’s energy storage solutions have been successfully deployed across multiple countries and regions worldwide, serving a wide range of applications, including grid-side storage, commercial and industrial storage, distributed energy, and solar-storage-charging integration. These projects demonstrate ZOE’s broad technical adaptability and market reach.


In the domestic market, ZOE’s commercial and industrial energy storage projects span over 70 cities and 100+ industries, including textiles, metals, wood processing, food production, and semiconductor manufacturing. With extensive project data and operational experience, ZOE is actively promoting innovative models like Virtual Power Plants, aggregating over 300MW of distributed energy, storage, and flexible loads. This flexibility enables dynamic energy dispatching and system optimization, injecting new vitality into China’s energy storage market.


Globally, ZOE’s energy storage systems have been successfully deployed in various countries and regions, supporting different business models such as frequency regulation, capacity markets, and demand response. These projects not only enhance local grid stability and promote sustainable energy development but also provide customers with optimized energy management solutions that deliver additional economic benefits.


ZOE Energy Storage’s inclusion in BNEF’s Tier 1 energy storage manufacturers list is the result of its long-term efforts in technological innovation, market expansion, and global positioning. Looking ahead, ZOE remains committed to an innovation-driven development strategy, continuing its global market expansion to contribute to the sustainable development and growth of the global energy storage industry.