SNEC 2025 marked a major milestone for Swatten's global expansion as we officially signed a strategic cooperation agreement with AZ Energy, a leading company in Australia's residential energy sector. Under this agreement, Swatten will supply  500MWh of advanced home battery systems, reinforcing our joint commitment to accelerating the clean energy transition across Australia.

With deep local expertise and a proven track record in Australia's residential energy sector, AZ Energy has built trusted partnerships and delivered reliable battery systems tailored to local needs. This partnership comes at the perfect time, as both federal and state governments introduce ambitious new policies to accelerate the adoption of energy storage.

Starting 1 July, the New South Wales (NSW) government is offering up to AUD 1,500 in rebates for households and small businesses that install solar battery systems and connect to Virtual Power Plants (VPPs).

Meanwhile, the Australian federal government has launched a $2.3 billion "Battery Breakthrough Program," covering up to 30% of battery installation costs, nearly double the previous level of support.

These developments create an unprecedented opportunity for smarter, distributed energy systems, and we're delivering 500MWh of battery systems to power this momentum.

At the signing ceremony, we were honored to welcome Mr. Mridul Mahajan, CEO of AZ Energy, and Mr. Fan Yang, Vice President of Swatten. Both leaders shared a vision of product delivery combined with long-term innovation, trusted service, and empowering more Australians to take control of their energy future.