Recently, Envision Greenwise Holdings Limited ("Envision Greenwise", 01783.HK) officially signed a strategic cooperation agreement with UltimateBox (Hong Kong) Technology Co., Limited ("UltimateBox"). The two parties will deeply integrate digital operation and maintenance (O&M) platforms with localized service resources worldwide to provide comprehensive lifecycle solutions for the global energy storage market. This includes equipment monitoring, fault response, energy storage inspections, O&M work orders, battery recycling, and logistics support, helping energy storage companies overcome barriers in overseas markets and achieve efficient, compliant, and sustainable global operations.
In recent years, the global energy storage market has steadily grown, with service providers, including Chinese energy storage enterprises, swiftly expanding into international markets. However, they commonly face challenges due to “products over services”, including insufficient local O&M teams, delayed fault response, underdeveloped battery recycling systems, and high cross-border logistics costs, which severely restrict customer trust and business growth. To address this, Envision Greenwise and UltimateBox will leverage their respective strengths to create a "software + service" dual-engine model, providing energy storage integrators with closed-loop support from equipment deployment to operational execution.
The core components of this strategic cooperation include:
1. Digitalized O&M Platform for Real-Time Monitoring
UltimateBox will provide a jointly developed smart energy storage O&M cloud platform. Utilizing Internet of Things (IoT) technology, the platform provides real-time access to operation data, enabling equipment status monitoring, fault prediction, and energy efficiency analysis. It integrates standardized repair manuals, fault code databases, and intelligent diagnostic algorithms to generate maintenance recommendations automatically. Work orders will be assigned in accuracy to Envision Greenwise’s local service teams, reducing fault resolution time by over 60% and significantly improving energy storage system O&M efficiency and service responsiveness.
2. Global Localized Service Network for Rapid Response
Envision Greenwise will mobilize its battery recycling factories and certified engineer resources across Europe, North America, and Southeast Asia to meet the service request dispatched by the intelligent cloud-based O&M platform. This will provide one-stop services for equipment repair, spare parts replacement, and battery recycling. With localized teams and compliance qualifications, Envision Greenwise ensures that clientsclients meet local environmental regulations, mitigating legal risks associated with improper disposal.
3. Cost-Effective End-to-End Logistics and Recycling System
The two parties will jointly establish and share international logistics channels to optimize the transportation costs of energy storage equipment and retired batteries. Envision Greenwise's global network of recycling facilitiescan efficiently process retired batteries, closing the loop on a sustainable “production-usage-recycling” chain, helping clients clientsenhance ESG ratings and competitiveness in international markets.
Upholding the vision of "Smart Energy, Green Future", Envision Greenwise has focused on diversifying smart energy solutions in recent years, aiming to providing one-stop green energy infrastructure solutions to the global clients and drive sustainable development. Currently, the group has over 70 physical factories worldwide, multiple licenses and qualifications, and over a thousand certified technicians, ensuring timely and reliable responses for global energy storage system operations. This collaboration with UltimateBox will further leverage shared resources in data, market access, and logistics to accelerate the shift toward service-oriented, digitalized, and localized energy storage solutions, propelling the international green energy market toward large-scale development.
Partner Introduction:
UltimateBox (Hong Kong) Technology Co., Limited ("UltimateBox") is a global technology company under Shanghai Highlands Software Technology Co., Ltd., specializing in energy digitization. Leveraging its self-developed IoT platform and energy storage cloud platform, UltimateBox provides end-to-end solutions for global clients across commercial and residential energy storage scenarios. With a service network spanning the Asia-Pacific, European, and Australian markets, UltimateBox accelerates the intelligent upgrade of the energy industry to support global carbon neutrality goals.
