The CEO of SPS visited Europe with Premier

From May 30 from June 2, premier Li Keqiang made an official state visit to Germany and Belgium, which injected new momentum into the Sino-EU cooperation. The chairman and CEO of Supreme Power Solutions Co.,is also among the business leaders who accompanied premier Li’s in his visit. As a member of the delegation, Supreme Power Solutions Co. CEO was also invited to participate the project matchmaking conference between China and EU small -and-medium-sized companies. At the conference, the companies at different sectors of the industrial chain exchanged ideas and experiences, as well as talked about future cooperation, to promote innovation, and upgrading of the industry.
The increasing productivity of renewable energy represents a huge competitive advantage in the future: wind and solar power will be very cheap, fossil fuels will simply lose competitiveness at some time in the future.In order to realize this vision, we need more specific planning in terms of equipment, network, energy storage technology , and power transferring – all of these requires long-term investment. On the contrary, reversion or wavering on energy and climate policies would damage the fundamental of investment  calculation and block the path to technological innovation. China and the EU could work together to quit the use of fossil fuels. .– — — — –excerpt from the  website of “Manager Magazine” of Germany

Based on this visit to Europe, SPS made a thorough investigation into the advanced business model, cutting-edge technologies and mature management experiences of the energy storage industry in Europe, and will introduce them into the company’s business expansion abroad. At the same time, in order to push forward the company’s overseas development, SPS also established LOI with European counterparts in the fields of technology innovation and project cooperation.

discussing  first on the right is the Chairman and CEO of SPS

Prior to this visit, SPS had already established strategic partnership with  energy storage enterprises in the EU and learned from their advantages in products, technology development and management to focus on wind power and engineering machinery. Through this visit, the company made up its mind to set up a subsidiary in Europe, so as to better integrate the domestic and overseas resources, and to further explore the European market.

About SPS

Supreme Power Solutions Co., Ltd. (SPS) is a leading manufacturer of ultracapacitors, as well as a provider of ultracapacitor energy storage systems and technological solutions. Our products have wide industry applications, such as new energy vehicles, wind turbines pitchcontrol systems, trams and subways, smart grid, micro grid, heavy duty machineries, intelligent instrument, etc. We support more than 200 customers, and our products are exported to 26 countries and territories.

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