HyperStrong and RCT Power have formally signed a strategic joint venture agreement to jointly advance the development of smart manufacturing capabilities for battery energy storage systems in Malaysia.
The agreement was signed by Dr. Qian Hao, Co-Founder and Chief Technology Officer at HyperStrong, and Billy Shi, CEO of RCT Power during the recent Intersolar Europe in Munich.
Since its founding in 2011, HyperStrong has delivered more than 60 GWh of energy storage projects across approximately 30 countries worldwide, establishing a leading position in the industry. The manufacturing presence in Malaysia will provide a solid foundation for the company to strengthen its international manufacturing and delivery capabilities and deepen its integration into the global energy storage supply chain.
Demand for energy storage across Southeast Asia continues to grow rapidly. Malaysia, with its strategic geographic location, well-developed industrial ecosystem and open business environment, has emerged as an important hub in the global energy storage supply chain. By joining forces, HyperStrong and RCT Power aim to rapidly build local manufacturing and delivery capabilities, providing the regional market with more competitive, integrated energy storage solutions.
