ZOE and Octopus Energy sign cooperation agreement for China's energy systems
Chinese ZOE Energy Storage and UK-based Octopus Energy have signed a memorandum of understanding to collaborate on developing China's virtual power plants and intelligent energy landscape.
ZOE Energy Storage, a Chinese firm, and Octopus Energy, a UK-based clean energy company, have entered into a strategic cooperation agreement. The memorandum of understanding (MOU) focuses on the joint development of China's virtual power plant infrastructure and intelligent energy systems.
The collaboration aims to leverage ZOE's expertise in the Chinese market with Octopus Energy's global experience in energy technology and grid management. This partnership is expected to enhance the efficiency and flexibility of China's energy networks.
Octopus Energy is recognized for its digital platforms and its role in the renewable energy sector. ZOE brings experience in energy storage solutions and local grid operations.
The MOU was signed on July 10, 2026, at Octopus Energy's headquarters in the UK. Further details regarding the scope and timeline of the collaboration are anticipated.