The collaboration combines Neopet's innovative approach and regional expertise with ACE Engineering's advanced engineering capabilities and global reach. This partnership marks a significant step towards achieving the EU's ambitious renewable energy targets and enhancing grid stability through large-scale energy storage solutions.
“This partnership will enable us to scale up our efforts in deploying BESS projects that are crucial for integrating renewable energy into the grid and meeting the growing demand for sustainable energy solutions,” said Sevdalina Petkova, Chief Operating Officer at Neopet. Danny You, CEO of ACE Engineering, added, “Our combined expertise will lead to the deployment of cutting-edge energy storage technology, setting new benchmarks in the industry.”
The partnership will also explore joint business development and marketing activities, leveraging both companies' strengths to secure a leading position in the European BESS market. This initiative is poised to contribute significantly to the energy transition by providing reliable and efficient storage solutions that support the wider adoption of renewable energy sources.
