Core Insights - Star Charge has entered the Indian energy storage market by signing a strategic cooperation agreement with Prozeal Green Energy, securing nearly 1GWh of energy storage orders, which supports the local energy structure transformation [1][3] Group 1: Market Context - India is one of the fastest-growing energy storage markets globally, facing significant challenges in renewable energy integration, grid stability, and power supply-demand balance [3] - To achieve the goal of increasing non-fossil energy generation to 50% by 2030, India has an urgent demand for large-scale, high-efficiency energy storage solutions [3] Group 2: Product and Technology - Star Charge will provide its core energy storage product, a 5MWh centralized energy storage system, to support various renewable energy and battery connection projects under Prozeal Green Energy [3] - The energy storage system features three core advantages: high density, high safety, and high returns, utilizing 314Ah lithium iron phosphate batteries and intelligent temperature control technology to adapt to India's complex climate conditions [3] - The modular design allows for flexible expansion, with a cycle life exceeding 8000 times and a direct current system efficiency of up to 94%, significantly reducing lifecycle operating costs and enhancing project economics [3] Group 3: Project Timeline and Global Strategy - The delivery of the energy storage equipment is expected to be completed in phases by 2026, with grid connection and application in multiple Flexible Dispatchable Renewable Energy (FDRE) projects by the end of 2026 [4] - This partnership is a significant milestone in Star Charge's globalization strategy and reflects a shared commitment to sustainable energy development [4] - Additionally, Star Charge has signed a storage cooperation agreement with a customer in Eastern Europe to provide a 100MWh energy storage system, with phased deliveries planned to start by the end of this year, further accelerating its global energy storage layout [4]

Core Viewpoint - Star Charge has entered the Indian energy storage market by signing a strategic cooperation agreement with Prozeal Green Energy, marking a significant step in supporting India's energy transition [2][4]. Group 1: Strategic Cooperation - Star Charge has signed a nearly 1GWh energy storage order with Prozeal Green Energy, indicating its official entry into the Indian energy storage market [2]. - The partnership aims to provide critical technological support for India's energy structure transformation and the implementation of its clean energy strategy [4]. Group 2: Product Offering - Star Charge will supply its core product, a 5MWh centralized energy storage system, to support various renewable energy and battery connection projects under Prozeal Green Energy [4]. - The energy storage system features high density, high safety, and high yield, utilizing 314Ah lithium iron phosphate batteries and intelligent temperature control technology to adapt to India's challenging climate conditions [4][5]. Group 3: Project Timeline and Future Plans - The delivery of the energy storage equipment is expected to be completed in phases by 2026, with grid connection and application in multiple flexible, dispatchable renewable energy projects by the end of 2026 [6]. - Additionally, Star Charge has signed a storage cooperation agreement with an Eastern European client for a 100MWh storage system, with plans for phased delivery by the end of this year, further accelerating its global energy storage layout [6].