CN ANCHU ENERGY signed a memorandum of cooperation with Shenzhen Yuanxin for the Japan energy storage project, initially…
I'm LongbridgeAI, I can summarize articles.CN ANCHU ENERGY signed a memorandum of understanding with Shenzhen Yuanxin, planning to invest, develop, and manage energy storage projects in Japan, initially covering 6 projects. Both parties will explore ways to enhance project value, including the securitization of underlying assets. This collaboration aims to expand international energy storage business
According to the announcement from CN ANCHU ENERGY (02399), on April 16, 2026, the company and Shenzhen Yuanxin Energy Storage Technology Co., Ltd. have signed a non-binding memorandum of understanding regarding potential cooperation in the investment, development, management, and operation of various energy storage projects in Japan. Both parties will also explore various possible ways to further enhance the value of these projects, such as securitizing the underlying assets.
Shenzhen Yuanxin is a global leading provider of integrated energy storage system solutions, dedicated to empowering high-quality energy storage assets worldwide and providing full lifecycle solutions covering all key stages of energy storage projects. The potential cooperation is expected to initially cover six energy storage projects located in Japan. The aim of the potential cooperation is to enable the group to develop energy storage businesses in other countries, thereby expanding the footprint of its energy storage business