Chinese energy storage company Jiangsu Linyang Energy has selected Warsaw as the location for its European hub, establishing a service center to support energy storage operations across the continent. The move aligns with the company's strategy to expand in the European market for renewable energy and storage technologies.
The firm's energy storage systems are backed by its joint venture with Chinese partner EVE, which manufactures lithium iron phosphate (LFP) cells.
Linyang has supplied 4.5 GWh of energy storage capacity globally, according to the company. In Europe, Linyang is also developing advanced energy management systems in collaboration with local partners to optimize the integration of renewable energy into existing power grids.
The company's expansion comes amid the European Commission's approval of a EUR 1.2 billion program to support the installation of electricity storage facilities in Poland. The initiative aims to promote the transition to a net-zero economy by providing subsidies to investors, covering up to 45% of costs for large companies and 65% for smaller ones.
Linyang, active in smart grid technologies, renewable energy, and storage solutions, operates through more than 150 subsidiaries in domestic and international markets.