Envision Greenwise Group (01783.HK) has successfully deployed its first energy storage project in North America at a Los Angeles facility, marking the establishment of a full lifecycle closed-loop service system in the U.S. market. The project inauguration ceremony was attended by key representatives including Mr. Kwok Chun Sing, Chairman of Envision Greenwise; Mr. Norman Ng, Chairman of Fortune Metal Group Inc. ("FMG"); Ms. Kwok Ho Yee, Chief Operating Officer of Envision Greenwise; and Mr. Gary Kuang, FMG Western Regional General Manager.
The successful commissioning of Envision Greenwise’s energy storage project in Los Angeles marks the Group’s official establishment of a closed-loop service ecosystem covering the entire product lifecycle in the U.S. market. Leveraging a localized technical team and the Group’s global multi-tier collaborative framework, the project delivers end-to-end solutions—from preliminary market consultation and customer demand analysis, to customized solution design and smart system deployment, followed by ongoing operational maintenance and technical support. This deeply integrated service architecture ensures highly responsive, precision-tailored localized support for diverse U.S. market demands.
The launch of Envision Greenwise’s North American energy storage initiative coincides with a pivotal phase in U.S. energy restructuring. According to BloombergNEF, U.S. power generation surged to a two-decade high in 2024, with grid-side and distributed applications reaching record-breaking new capacity additions. Renewable energy has emerged as a critical pillar of energy supply, while the energy storage market exhibits accelerated growth.
Analysts highlight that escalating power demand—driven by expanding emerging industries and manufacturing reshoring—will persist across the U.S. Leveraging its global resource coordination and full-chain service capabilities, Envision Greenwise is positioned to help local enterprises significantly reduce lifecycle operational costs and deploy resilient energy solutions with speed. The Los Angeles facility will evolve into a comprehensive hub integrating energy storage services and battery recycling, partnering with international stakeholders to propel energy sector transformation. This initiative will inject new momentum into global sustainable development.
