2025-03-20
March 12, 2024 – Wenergy has reached a significant milestone in its partnership with Bulgaria’s prominent power institution, PSE. The two parties have signed an Authorized Distributor Agreement, officially appointing PSE as Wenergy’s exclusive distributor in the Bulgarian market. This agreement deepens their collaboration in the energy storage sector and underscores Wenergy’s commitment to expanding its global footprint.
A Strategic Partnership for Market Expansion
Since signing a 385 MWh strategic cooperation agreement in September 2024, Wenergy and PSE have been steadily advancing their joint projects. The newly signed Authorized Distributor Agreement represents a significant upgrade in their partnership. Under the agreement:
Driving Market Penetration and Customer Value
This upgraded partnership holds strategic importance for both parties. By leveraging PSE’s extensive market resources and customer network in Bulgaria, Wenergy aims to accelerate market penetration and deliver a more convenient and high-quality energy storage service experience to Bulgarian customers. The collaboration also sets a new benchmark for energy cooperation between China and Bulgaria, paving the way for future partnerships in the global energy sector.
Why This Partnership Matters
Looking Ahead
Wenergy’s partnership with PSE is a testament to its dedication to fostering global energy transformation. By collaborating with local leaders like PSE, Wenergy aims to bring innovative and sustainable energy storage solutions to more markets worldwide. This partnership not only strengthens Wenergy’s presence in Bulgaria but also sets the stage for future collaborations in the global energy sector.