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Dyness receives strategic investment and completes financing round

The contribution was made through Hua Ventures, which will help the manufacturer on the path to carbon neutrality

29-07-22-canal-solar-Dyness receives strategic investment and concludes financing round

Dyness is one of the first companies in China to design the overseas storage market. Photo: Dyness/Reproduction

A Dyness announced that it completed a round of financing of tens of millions of yuan. The investment was made by Hua Ventures, which in the future will help the manufacturer on the path to global carbon neutrality.

Hua Ventures, founded in 2017, has a business team with industrial experience and financial acumen, with an emphasis on information and communication technology, semiconductors, new materials, energy and other segments.

“Compared to the construction of centralized power plants, high voltage transmission and distribution lines, the distributed energy can achieve lower costs, greater service reliability, higher quality of electricity, greater efficiency and energy independence, providing significant environmental benefits”, highlighted the company.

Furthermore, they stressed that the home storage It is an important part of distributed energy and will play a key role in building a new renewable system.

“The overseas home storage market is a hundred billion dollar market, and countries have often issued relevant policies to support its development”, they highlighted.

Another point highlighted by the Hua Ventures team is that since the launch of first generation of home energy storage products in 2018, Dyness has upgraded its equipment several times, promoted its own brand in an orderly manner, and continued to strengthen R&D (Research and Development) capabilities.

More about Dyness

Dyness, founded in August 2017, is one of the first companies in China to develop and design the energy storage market abroad.

Currently, the manufacturer has more than 80 independent intellectual property rights, three overseas branches and more than 80 global brand partners.

“As one of the important paths to achieving carbon neutrality, the market demand and commercial value of home energy storage systems have been proven,” commented LiuYang, founder of Dyness.

“In the future, we will continue to focus on improve R&D, product and service capabilities, with the ultimate goal of transforming the Dyness brand into a globally renowned brand”, he emphasized.

“Through continuous optimization of energy storage products and improving the quality of customer service, the company's market share is increasing rapidly and the brand's influence has been strengthened,” concluded the executive.

Mateus Badra
About the Author
Mateus Badra

Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. He has been following the Brazilian electricity sector since 2020.

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