Mars Renewable, a leading battery storage solution and product provider, announced its subsidiary in Spain (MARS RENEWABLE IBERIA SL) has been fully incorporated. This will further strengthen the company's local deployment and accelerate the expansion of business in Europe.

With the soaring demand for renewable energy deployment in the European market, Battery Energy Storage Systems (BESS) are poised to play a critical role in driving the mega-renewable trend forward. Mars Renewable eagerly steps into this realm of opportunity, with a keen focus on the utility-scale and Commercial and industrial (C&I) markets, bolstered by a robust strategy for stand-alone project origination. Built on its strong R&D capacity, and long history of partnership and collaboration with the global leading battery storage system components and technology players, Mars Renewable has been perfecting its unique End-to-End solution in the marketplace.

The company's European operation will be headquartered in Spain, where our country head, Eloy Márquez and the team, are ready to provide the local market and the customers with high-value battery energy storage asset origination services, cutting-edge energy storage products, full life-cycle solutions, and hassle-free services.

About Mars Renewable

The DNA of Mars Renewable led and supported the company to bring the cutting edge battery energy storage technology, solutions and the storage asset origination into the global market. The company is dedicated to providing C&I and utility scale energy storage solutions (ESS). Our advanced solutions will further empower our clients to achieve their renewable energy management and asset optimization goals, as well as their ESG and sustainable development initiatives.

Notes: Mars Renewable had completed the pre-A round financing, which was led by Sequoia China with CDH VGC (Venture and Growth Capital) as co-investor. With the support and partnership from the two leading funds, Mars Renewable could relentlessly pursue and deliver the advanced technology solutions to the global customers.

For more information, visit our website, or follow us on Linkedin and Facebook.

Media Contact

globalmarketing@marsrenewable.com

Business Contact

sales@marsrenewable.com