EnergyTrend has learned that recently, multiple enterprises including Envision Energy, Far East, Shenli Technology and Green Energy have stepped up efforts by signing financing cooperation and strategic agreements to deepen their presence in the optical storage sector.
Envision Energy Secures Over ¥3.4 Billion Financing Agreement in Spain
On April 10, according to BBVA Corporate & Investment Banking (BBVA CIB), it signed an agreement with Envision Energy to establish a global supplier financing program with a scale of US$500 million (approximately ¥3.417 billion).
Serving as the core financial intermediary, BBVA will provide Envision Energy with customized supplier financing solutions to support its global business expansion across Europe, Asia and Latin America.
Eva Rubio, Global Head of Transaction Banking at BBVA CIB, stated that this partnership not only supports the international development of clean energy enterprises such as Envision Energy, but also serves as a concrete practice in advancing the global energy transition.
It is understood that BBVA has listed sustainable development as one of its six strategic priorities. It has recently set a target to mobilize €700 billion in sustainable business between 2025 and 2029, continuing to expand in green finance.
On the same day, Envision Energy also signed a strategic cooperation agreement with China Three Gorges Renewables in Shanghai. The two parties will accelerate coordinated deployment in key sectors including offshore wind power, onshore large-scale bases, non-electrical applications and new energy storage.
Far East Signs Strategic Cooperation with Tianjin Binhai New Energy
At ESIE 2026, Far East formally signed a strategic cooperation agreement with Tianjin Binhai New Energy.
Tianjin Binhai New Energy is the core new energy investment platform under Tianjin Binhai New Area Construction & Investment Group Co., Ltd. It boasts profound expertise in project financing, capital operation and regional resource integration, with continuous deployment in diversified new energy scenarios such as photovoltaic, wind power, energy storage, and charging/swapping infrastructure.
Relying on its core strategy of “ALL IN AI – Electric Energy + Computing Power + AI”, Far East has been strengthening its three core businesses: smart cable networks, smart batteries and smart airports. It has built a full-lifecycle service capability covering energy storage battery R&D, system integration, project development and construction, intelligent operation and maintenance, and supply chain collaboration.
Under this strategic cooperation, the two sides will focus on smart cable networks and the energy storage industry, strengthening cooperation in smart cable network supply, investment and development of new energy storage projects, synergy of high-quality existing assets, production capacity layout in northern China, and supply chain coordination for energy storage equipment.
Shenli Technology Signs Strategic Cooperation with Green Energy
On April 9, Shenli Technology and Green Energy signed a strategic cooperation agreement, establishing a comprehensive strategic partnership in technology integration, product R&D and market development to jointly advance the long-duration energy storage industry.
Shenli Technology, a subsidiary controlled by SinoHytec, is a leading enterprise in China’s fuel cell technology sector, with core patents and mature industrialization capabilities. Green Energy owns proprietary technologies and large-scale application experience in all-vanadium flow battery systems, stack manufacturing, ion membrane production and control systems.
The two parties enjoy strong technological complementarity: Shenli Technology has accumulated expertise in fuel cell-based energy storage, while Green Energy has rich project experience in vanadium flow batteries. Based on this strategic partnership, they will jointly develop hybrid energy storage solutions for grid-side energy storage, renewable energy-connected energy storage and user-side energy storage.
Source：EnergyTrend
