Hexon Energy and PurpleGreen Announce Strategic Partnership to Expand C&I Energy Storage in Northern Europe
March 2026, Guangzhou/Riga– Hexon Energy, a global leader in energy solutions, and PurpleGreen, a prominent Latvian renewable energy developer, have officially signed a strategic cooperation agreement. The partnership will focus on deep collaboration in the Commercial & Industrial (C&I) Energy Storage sector, jointly developing markets across the Baltic States and Northern Europe to accelerate regional energy transition and sustainable development.
Strengthening Presence in the Northern European Energy Market
As one of Latvia's most influential green energy developers, PurpleGreen boasts a project pipeline of over 1GW in the Baltic region, spanning large-scale hybrid wind and solar plants, green hydrogen, and green ammonia industries. This partnership marks Hexon Energy’s formal entry into the Northern European storage market, leveraging PurpleGreen’s extensive local resources and project expertise to accelerate the deployment of C&I energy storage solutions.
"Collaborating with PurpleGreen is a pivotal step in Hexon Energy’s global strategy," stated the Head of International Business at Hexon Energy. "By combining Hexon’s technical prowess in storage system integration with PurpleGreen’s market leadership, we will deliver more efficient and reliable green energy solutions to Latvia and the wider Northern European region."
Empowering Regional Energy Independence through C&I Storage
As Latvia transitions away from the BRELL grid and synchronizes with the European power system, the demand for grid flexibility, stability, and resilience has intensified. In this context, C&I energy storage has become a critical tool for balancing grid loads, enhancing power reliability, and reducing operational costs for enterprises.
Under the agreement, Hexon Energy will provide advanced Battery Energy Storage Systems (BESS) for PurpleGreen’s industrial parks and hybrid energy projects in Latvia, offering full lifecycle services from equipment supply and system integration to smart O&M. These storage technologies will effectively mitigate the volatility of renewable sources like wind and solar, increasing energy self-sufficiency and helping businesses optimize electricity costs and meet carbon reduction targets.
From Pilot Projects to Long-term Ecosystem Building
This strategic partnership extends beyond immediate project implementation to focus on building a long-term energy ecosystem:
Short-term Goals: Launching the first phase of C&I storage pilot projects by the end of 2026 to establish a foundation for large-scale deployment.
Long-term Vision: Exploring cutting-edge technologies such as "Integrated Solar-Storage-Charging" to support Latvia’s "2050 Climate Neutrality" national strategy and create a scalable model for energy transition in Northern Europe.
Hexon Energy will leverage this partnership to deepen its localized service capabilities in Northern Europe, working with partners to drive the global transition toward a clean, intelligent, and resilient energy structure.
About Hexon Energy
Hexon Energy (Parent Company: CEUC (Guangdong) Energy Development Co., Ltd.) is a premier global provider of energy storage systems and integrated energy solutions. With full industry chain advantages, the company specializes in renewable energy project development, investment, construction, and integrated operations. Hexon Energy International (Hong Kong) Ltd. serves as the group’s global investment and operations center.
About PurpleGreen
PurpleGreen is a leading Latvian renewable energy developer and green technology integrator. With deep expertise in wind/solar power, green hydrogen production, and energy system integration, PurpleGreen is a driving force behind Latvia’s energy transition and carbon neutrality goals.