Renon Power's annual gala on January 11 brought together global partners, suppliers, and stakeholders to reflect on an exceptional year. The event highlighted remarkable achievements, groundbreaking product launches, and a bold vision for the future of energy storage.

2024: Transformative Achievements and Market Expansion

2024 was a transformative year for Renon Power, marked by significant milestones in global markets and technological advancements. The residential energy storage segment experienced robust growth, with North American revenue surpassing $138.9 million. With a cumulative annual installation base of 572MWh, the organization expanded its impact through a series of high-profile projects and strategic initiatives. Key achievements included a 56MWh VPP pilot deployment in the United States, MWh-scale containerized energy storage systems in Africa, and a 25MWh commercial and industrial (C&I) energy storage project in Poland.

In Europe, Renon Power partnered with three national distributors, broadening its market reach and enhancing localized operations. In North America, the company strengthened its position through a strategic collaboration with a leading U.S. inverter manufacturer, enabling the delivery of more integrated and efficient energy solutions.

 Innovation in Focus: New C&I Energy Storage Solutions

A highlight of the gala was the launch of three cutting-edge C&I energy storage solutions, introduced by Paul Buckwalter, Vice President of Sales at Renon Power USA. These innovations are designed to address evolving energy needs:

• Mpack 233A: A flagship product certified by TÜV Rheinland and UL 9540, features modular design and advanced thermal management for large-scale C&I use. In 2024, Renon Power deployed its 233kWh liquid-cooled energy storage solution across North America and Europe.

• ECube 60AP: A high-voltage 60kWh energy storage system tailored for small- to medium-scale commercial users, delivering efficiency and reliability.

• Smart Matrix: A containerized energy storage solution for data centers and industrial parks, combining intelligent energy management with flexible deployment.

2025: A Bold Vision for the Future

Building on the successes of 2024, Renon Power has set an ambitious roadmap for 2025 to strengthen its position in the global energy storage market. The company aims to increase the share of C&I and large-scale energy storage solutions to 60% of total sales while maintaining its leadership in the residential sector.

To support this growth, Renon Power will establish a U.S.-based intelligent manufacturing center with an annual capacity of 1.5GWh, enhancing regional supply capabilities. In Europe, the company is advancing business localization, focusing on technical and after-sales support teams to better serve its expanding customer base.

A Celebration of Culture and Unity

The gala was not only a reflection of Renon Power's achievements but also a celebration of its culture and the talent of its team. Employees captivated the audience with performances ranging from live music and street dance to magic shows and vocal acts, creating a lively and memorable atmosphere.

The night's excitement peaked with the year-end incentive program, where the company thanked employees for their dedication, followed by a cash lucky draw generously sponsored by supplier partners. Cheers filled the room as employees claimed their prizes, adding joy and appreciation to the celebration.

The evening ended on a high note with a collective performance of “I Believe,” symbolizing trust and optimism for the future, and a grand group photo capturing the pride and unity of the Renon Power family.