Unlocking Sustainable Energy: LOBO's Innovative Power Storage

LOBO Technologies Secures Significant Order for Energy Storage

LOBO Technologies Ltd. (NASDAQ: LOBO), an innovative company in electric mobility and smart energy solutions, recently announced a noteworthy milestone with the acquisition of a substantial order amounting to approximately $1.2 million. This order comes from Terrian Town Limited, a progressive real estate developer in Kenya that is eager to utilize cutting-edge technology in sustainable living.

Details of the Photovoltaic Power Storage Systems

The order encompasses a series of advanced photovoltaic power storage systems that feature 10kW photovoltaic arrays accompanied by robust 20kWh lithium iron phosphate (LiFePO4) batteries. These modern systems are not just technical marvels but also designed with efficiency in mind, catering to around 80% of the energy needs for the planned residential units. Specifically, the order includes installations across 80 villas, with an approximate cost of $13.9K allocated per household.

Enhancing Sustainability in Terrian Town

Terrian Town is set across an expansive 8.62 hectares and has grand ambitions to become a leading eco-friendly community in Kenya. The developers envision this site as a model for green living, and LOBO’s cutting-edge technology plays a pivotal role in bringing this vision to life. By supplying these advanced energy systems, LOBO aims to contribute to a more sustainable and energy-efficient future, reducing dependency on conventional power grids.

LOBO's Commitment to Renewable Energy

At the heart of LOBO's operations is a commitment to enhancing energy efficiency through innovative solutions. The solar power storage systems are integrated with high-efficiency photovoltaic technology complemented by intelligent energy management systems. This combination ensures that LOBO can offer not only reliable and scalable energy solutions but also cost-effectiveness, which is critical for evolving markets.

Strategic Expansion into the African Market

Securing this order with Terrian Town represents a significant step for LOBO in expanding its footprint in the African renewable energy sector. The collaboration underscores the rising demand for sustainable infrastructure solutions and positions LOBO as a key player in this dynamic industry. The company is actively pursuing additional strategic partnerships to bolster its presence further within emerging markets, enhancing both its renewable and smart hardware offerings.

About LOBO Technologies Ltd.

LOBO is recognized as a frontrunner in manufacturing electric mobility solutions. The company specializes in producing an extensive range of eco-friendly electric vehicles and smart home robotic products. Their portfolio includes electric bicycles, motorcycles, e-tricycles, off-road electric shuttles, and solar-powered transportation solutions. LOBO harnesses advanced technology and sustainable methodologies to foster the growth of green transportation options to reduce carbon emissions significantly.

Contact Information

For additional information about LOBO Technologies, please reach out to:
Zane Xu
IR Manager
ir@loboai.com

Frequently Asked Questions

What is the significance of LOBO's recent order?

The order represents LOBO's expansion into renewable energy solutions, marking a significant monetary milestone and a step toward sustainable infrastructure.

How do the photovoltaic systems work?

The systems combine high-efficiency solar panels with lithium iron phosphate batteries, providing significant energy savings and efficiency for residential units.

Where is Terrian Town located?

Terrian Town is situated on an 8.62-hectare site that is being developed into a green-energy community in Kenya.

What type of products does LOBO manufacture?

LOBO produces eco-friendly electric vehicles, including bicycles, motorcycles, and solar-powered transportation options, focused on sustainability.

How is LOBO pushing for renewable energy?

LOBO is leveraging strategic partnerships and innovative technology to enhance its renewable energy offerings and expand into emerging markets.

About The Author

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