[Shenzhen, September 2025]  

Greenvoltis, the Swedish power aggregator and trading company, has signed a strategic cooperation contract with Zhongran Hongming Power Technology Group, a subsidiary of China Gas Group. The contract formalizes the launch of a 115MW/230MWh energy storage project in the Nordics and establishes a fully integrated model for investment, construction, and operations across the region.

This milestone not only reflects the deepening collaboration between leading European and Chinese energy companies but also sets a new standard for how large-scale storage assets can create value through cutting-edge AI technology. 

Greenvoltis & China Gas signature ceremony

Driving Innovation Across Borders 

The signed contract marks a significant step in demonstrating how advanced technologies are enabling the globalization of energy infrastructure. The Nordic region, renowned for high per capita energy consumption and its pioneering role in green energy, faces growing pressure on grid stability due to the rapid expansion of renewable energy sources.

Chinese battery energy storage solutions, backed by complete industrial supply chains and cost-effective manufacturing, are increasingly seen as key contributors to grid resilience in the region.

As energy consumption patterns evolve, traditional product-export models are reaching their limits. Recognizing this shift, China Gas Group is leveraging its deep supply chain capabilities and comprehensive understanding of the Nordic power market to implement a vertically integrated value chain covering production, investment, and operations.

Technology-Driven Value Chain Integration

Greenvoltis plays a central role in this strategy. As a local energy aggregator and optimization operator, the company brings to the partnership its proprietary approach, combining intelligent simulation, agile EMS architecture, and multi-market trading optimization services.

Together, the two companies are enhancing the resilience of the regional storage ecosystem.

In today’s increasingly volatile European electricity markets, Green Voltis’s AI-driven trading platform, Aether AI, enables real-time strategy deployment, automates trading frequency, and drives stable, long-term revenue performance across diverse market segments.

This contract reflects both companies’ commitment to building a clean-energy value chain through intelligent operations, and represents a key milestone in the industry’s transition toward performance-optimized, AI-powered energy systems. 

Strengthening Regional Impact

Headquartered in Stockholm, Greenvoltis is led by a global team of energy and AI experts with deep experience in European market operations. The company supports partners across the energy value chain, maximizing asset returns, managing risk, and enabling effective participation in complex regulatory environments.

This collaboration also builds upon Greenvoltis’s earlier deployment of the Power Atlantic® + Chronos & Aether AI solution with Linyang Energy Storage. The integration of these platforms enhances value across the entire lifecycle of storage assets and supports accelerated investment deployment throughout the Nordics.

With this latest contract, Green Voltis has officially risen to the Top 2 AI-native multi-market optimization VPP operators in the Nordic region, solidifying its leadership position in this fast-growing segment.

Looking ahead, both companies will continue exploring broader collaboration in large-scale energy storage and renewables—driving sustainable energy development and delivering long-term value to the regional energy ecosystem.

Jun Li, General Manager of Zhongran Hongming Power Technology Group, said:

“The value of power assets is realized through trading. New energy assets such as storage systems must rely on service prices to unlock their inherent value. Over time, changes in internal asset states, external price volatility, and technological iteration all challenge asset value. The integrated value-chain model of production, investment, and operation is both a growth strategy for tapping into the industry’s blue ocean and a hedge against asset risks. Building ecosystem-based local advantages is the business strategy that China Gas Group adheres to. We also hope that after sufficient experience is gained in the Nordics, this value-chain model can be brought back to the domestic market to better support the Group’s ‘two wings’ strategy.”  

Martin Kievit, CEO of Greenvoltis, said: 

“We are honored to partner with China Gas on this important project. Given the significant volatility in European ancillary service prices and revenues, only AI-native intraday trading capabilities can deliver sustainable long-term returns. With advanced technology and localized expertise, we are committed to creating lasting value for our partners.” 

The signing ceremony was attended by Rong He, Director of the New Energy Development Support Center of Zhongran Hongming Power Technology Group; Ali Shi, COO of Green Voltis; and Gino Zhang, CIO of Greenvoltis.

About Greenvoltis

Greenvoltis is an AI-native Virtual Power Plant operator focused on the European market. The company uses advanced AI to optimize wholesale power trading and grid ancillary services, offering intelligent, flexible, and high-performance multi-market solutions to energy storage owners, C&I customers, power retailers, and institutional investors. Green Voltis also supports infrastructure funds in project development, asset acquisition, and long-term operations. With a globally experienced team and deep regional expertise, the company delivers scalable solutions tailored to local market needs.

About China Gas

China Gas Holdings Limited (HKEX: 00384) is engaged in the investment, construction, and operation of natural gas infrastructure, including city gas pipelines, LNG and LPG terminals, and transportation systems across China. The company supplies gas to residential, industrial, and commercial customers and operates CNG and LNG refueling stations. Its diversified portfolio includes value-added energy services, distributed solar PV, EV charging stations, and power distribution.

Zhongran Hongming Power Technology Group, a subsidiary of China Gas, is a full-spectrum energy solutions provider committed to building global zero-carbon cities and industrial parks. The company integrates design, construction, operation, and carbon measurement across the entire energy lifecycle.