Sieyuan Electric Co., Ltd. Class A 002028

Sieyuan Electric today unveiled esGrid 3.0, its next-generation grid-forming battery energy storage system (BESS), at Intersolar Europe 2026. Designed for utility-scale applications, esGrid 3.0 addresses three critical challenges facing modern power systems: maximizing project value, maintaining grid stability, and accelerating renewable energy integration.

As the global energy transition accelerates, power systems are evolving rapidly to accommodate increasing shares of renewable energy, growing electrification and rising demand for flexibility and resilience. Energy storage, digital intelligence and advanced grid technologies are becoming essential to building a more sustainable energy future.

As clean energy investment accelerates and electricity demand from AI-driven data centers climbs across North America, the need for reliable, high-performance high-voltage electrical solutions has never been greater. Sieyuan Electric, a globally recognized leader in high-voltage electrical equipment, announced that its independently developed Dead Tank Circuit Breaker (DTCB) series is fully ready to serve North American customers.

Shenzhen-listed Sieyuan Electric, a grid-equipment maker whose shares have surged about 665 per cent over the past five years, is planning a secondary listing in Hong Kong. The move would give Sieyuan, already a favourite among overseas investors, more direct access to international capital as it pushes into global markets amid rising demand for grid upgrades driven by data centres and artificial intelligence. The company said on Monday night it plans to issue new H shares equal to no more than

Chinese companies expanding overseas are increasingly using the yuan for financing and payments to build their international operations, boosting the currency's growing clout in international trade and investment. "Based on my calculation, 10 per cent of our company's total orders were priced and settled in renminbi," said Yang Feng, finance director for overseas marketing at Sieyuan Electric, in a panel discussion organised by Standard Chartered at the China International Import Expo in Shangha