YIY Energy News and Industry Updates

Lishui YIY Technology Company Limited has successfully won the bid for the 2026 fifth-batch public negotiation procurement project of State Grid Shanghai Energy Internet Research Institute, supplying energy storage systems and power modules for solar-storage-diesel hybrid systems.

Advanced Static Var Generators (ASVG) represent a breakthrough in reactive power compensation, offering fast dynamic adjustment, comprehensive harmonic filtering, and superior cost-effectiveness compared to traditional devices. By maintaining optimal power quality, ASVG extends equipment lifespan, reduces energy loss, and eliminates the need for additional filtering equipment—making it an indispensable asset for modern power systems.

On July 23, 2025, a delegation from North China Electric Power University's Foreign Aid Electrical Industry Training Program visited Zhejiang YIYEN Holding Group for an in-depth exchange on renewable energy technology promotion. The visit included a tour of the corporate exhibition hall, a thematic symposium, and an interactive Q&A session, laying a solid foundation for future university-enterprise collaboration in overseas energy aid projects.

On October 15, 2024, YIY made a strong showing at the 136th Canton Fair in Guangzhou, exhibiting at booths C14.3 A01-02 and GC01-02. The event drew visits from Yueqing municipal leaders and an exclusive CCTV interview with Chairman Xia Hongfeng, who highlighted the company's R&D achievements and global market strategy in driving the energy transition.

Yiyen Electric Technology Co., Ltd has announced a strategic partnership with Tuya Smart (NYSE: TUYA, HKEX: 2391) to deliver an all-in-one smart energy management system integrating energy storage, charging, and energy usage capabilities. The collaboration targets household, industrial/commercial, and overseas RV markets, combining Tuya's global IoT platform with YIY's extensive overseas distribution network spanning 130+ countries.