Wenhua Energy EU, 12GWh energy storage fund, Gore Street Capital cooperation, EU energy transition, grid-forming energy storage, European energy storage project

Since the start of 2026, Wenhua Energy has made a major breakthrough in the European and American markets. It officially reached a strategic cooperation with Gore Street Capital (GSC), a top European energy storage investment institution, at the European Energy Storage Summit in London. The two parties jointly established a special EU energy storage fund, aiming to land more than 12GWh energy storage projects, of which more than 80% of the funds will focus on the 27 EU countries. The first batch of projects will be signed in the middle of the year and delivery will start in the fourth quarter, marking that Wenhua Energy has officially deeply entered the core European and American energy storage markets with the "capital + technology + operation" full-chain model.

The 12GWh energy storage projects cooperating between the two parties this time focus on core EU countries such as Germany, France, Spain and Italy, covering multiple scenarios including long-duration energy storage, grid-forming energy storage and new energy supporting energy storage. They will adopt Wenhua Energy's full series of 12.8V and 25.6V LiFePO4 battery products, combined with independently developed grid-forming PCS and intelligent energy storage management system, which fully comply with the EU's "Energy Storage Infrastructure Act" and strict safety and environmental protection standards. After completion, the project will help the EU achieve the mandatory target of 140GW energy storage installed capacity by 2030, providing a stable, efficient and low-cost energy storage solution for Europe's energy transition.

It is reported that the current active energy storage in the EU is about 70GW, and the planned project pipeline is 97.26GW, of which electrochemical energy storage accounts for 87%, with a significant supply gap. At the same time, the EU has introduced multiple policies to support the development of energy storage. Germany provides a 25% investment subsidy for energy storage equipment, and Spain has added 818 million euros in special support to establish a stable income guarantee mechanism, providing broad market space for Chinese energy storage enterprises. As an important participant in the global photovoltaic-storage integration field, Wenhua Energy has become the core partner of GSC relying on its full industrial chain advantages, high-reliability products and rich project experience. The two parties will realize the complementary advantages of "China's strongest manufacturing" and "Europe's top capital", and open up the full closed loop of "investment - construction - operation - income".

The person in charge of Wenhua Energy's European and American region said that this cooperation with GSC is an important symbol of Wenhua Energy's transformation from "product going global" to "ecology going global". In the future, the company will continue to deepen its layout in the European and American markets relying on the special fund platform, implant Chinese energy storage technology standards, product solutions and operation capabilities into the core system of the European power grid, and at the same time expand the North American market such as the United States and Canada, build a global energy storage ecological network, help the world achieve the "dual carbon" goal, and show the global responsibility and mission of Chinese energy storage enterprises.