Goodhao enters the Czech renewable energy market and wants to significantly change the way photovoltaics and heat pumps are purchased in the Czech Republic. It is coming up with a completely new supply strategy, for which it has created the New Energy Technology Manufacturers Alliance, an alliance of the best international companies in the field.
It will supply customers with cutting-edge technology directly from the manufacturers, i.e. without unnecessary trade surcharges or distribution margins. This way of selling will significantly reduce domestic prices of renewable energy sources. Photovoltaic power plants and heat pumps will be significantly cheaper and thus more accessible for customers.
Goodhao will supply customers with the best technology on the market. Its strategic partners who are members of the Alliance include the largest international renewable energy technology manufacturers.
Members of the Alliance include FoxEss, one of the world’s largest inverter and battery manufacturers, Haier, a world leader in the supply of heat pumps, and Eastron, an international supplier of electrical components.
Goodhao has investment support and is funded by provincial and Chinese government funds. Its strategy of exporting China’s cutting-edge renewable energy technology to foreign markets is in line with China’s new export strategy.
“Goodhao’s supply strategy aims to expand its cutting-edge renewable energy technology into the international market, particularly the European market. We have chosen the Czech Republic for our first European investment in the energy industry. The Czech photovoltaic market is experiencing dynamic growth, and renewable energy has strong financial support from the government, which plans to increase its share to 30% by 2030.
The results of the analysis of the Czech market have shown us that the main factor that prevents a wider spread of photovoltaic power plants is mainly the price. Thanks to major changes in our supply strategy, with the help of the newly formed Alliance, and thanks to our strong background and cooperation with top manufacturers and the Chinese government, we are able to reduce this price significantly and thus help customers with the availability of renewable energy.
Our strategy in the first phase is based on the supply of components. In the Czech market, we want to approach assembly and installation companies and negotiate with them for cooperation. Unlike traditional companies, Goodhao will only broker this service. We believe in a win-win solution and will therefore offer installers and partners very superior terms and conditions to make it as advantageous as possible for them to join our partner program,” said Wang Chengluo, Chairman of Goodhao
Goodhao has chosen Energetický Holding Malina for its first investment in the Czech market. The company, with thousands of customers, is currently dealing with a number of issues, including material supply.
“We perceive the current situation in the Malina Energy Holding as a good opportunity for our entry into the Czech market and first deliveries of technology. We have discussed the entry into the holding directly with its owner, Mr. Cyril Regner.
We want to offer Malina a comprehensive plan to address the reorganization the company is seeking. Part of our solution is to provide all clients with the goods they need on very favorable terms. We are immediately ready to make an offer to supply the goods and are considering other ways to help Malina through this challenging period,” added Wang Chengluo, Chairman of Goodhao
“I have been working on Goodhao’s entry into Malina for several months and we have had a number of challenging negotiations. I am very pleased that Malina has managed to attract a strong investor who has put forward a concrete offer on how it can help customers and the company overcome the current problems,” confirmed Cyril Regner, founder of Energetický Holding Malina
At the same time, Goodhao is looking for further acquisition opportunities in the Czech market. It is planning several further acquisitions in the Czech Republic in renewable energy companies, which will enable it to strengthen its position in the Czech market and expand its offering to customers.
At the beginning of 2024, we want to start selling photovoltaics and heat pumps directly to customers. We are also working on the launch of our office in the Czech Republic and are finalizing candidates for the management team,” said Wang Chengluo, Chairman of Goodhao
Goodhao partners in the New Energy Technology Alliance
Goodhao’s major strategic partners in the Alliance of New Energy Technology Manufacturers include companies such as FoxESS, one of the world’s largest inverter and battery manufacturers, a Fortune 500 group with $54 billion in sales. The cooperation with FoxESS will allow Goodhao to bring technological innovation to the Central European market and strengthen its position.
“We are proud to be working with Goodhao and have an ambitious vision. Goodhao has presented us with a new direction and we are confident that together we will be able to fulfill their mission. We are ready to support Goodhao on its journey to transform the rules of technology purchasing in the renewable energy market in the Czech Republic and Europe. We believe that this cooperation will help strengthen the perception of Chinese technology as the best in the world. We look forward to the future successes and innovations that this collaboration will bring,” said Michael Zhu, CEO of FoxESS
Another important partner is Haier, a world leader in heat pump supply. This cooperation will enable Goodhao to offer top-quality heat pumps and strengthen its position in the renewable energy market.
We are excited to contribute to Goodhao’s goals and support their pan-European ambitions. Together we believe we can be the driving force that will move the whole project forward and help bring game-changing supply chain innovations to the renewable energy sector. We are proud of the quality of our products and our service infrastructure that enables us to meet our customers’ requirements at the highest level, and we look forward to introducing it together to the European market,” said Hi Lubin, CEO of Haier Water Solutions
Eastron and Eaton, suppliers of electrical components, are other key partners of Goodhao. This collaboration strengthens the company’s ability to provide comprehensive renewable energy solutions and ensures high quality products.
Such partnerships are a key step in expanding our existing global business network towards the European market, particularly the Czech Republic. We believe the time is right to show the world that decades of honest development have put us at the top of the world’s manufacturers. We have signed a contract with Goodhao to supply 100 MWp of solar panels during 2024, one of the largest in our history. I applaud the ambitions that Goodhao, with the support of the Wuxi City Fund, intends to realise in the coming years in the Central European region,” says Yu Zhenzhen, CEO of Heran New Energy Group
All of these partners support Goodhao’s goal to fundamentally change the renewable energy market and the way technology is purchased.
Goodhao also has ambitious plans for European expansion, in which it plans to invest up to one billion euros together with its partners. This will make Goodhao a key player in the renewable energy market in Central Europe and sets Goodhao on its way to becoming a leading player in the industry. Goodhao is ready to bring new innovations and investments to the Czech Republic and Europe with the support of the Chinese government and the city of Wuxi.
Goodhao’s mission is to redesign the supply chain and make renewable energy solutions, especially solar and heat pumps, more affordable for more people. We fully support the goal of introducing the world to the technological maturity of Chinese products and showing that our company’s decades of diligent development has put us at the forefront of more than just renewable energy. With the joint investment of provincial government funds, Wuxi City funds and social capital, we have allocated the equivalent of one billion euros to promote exports and meet the European ambitions of this project. This project and its leaders have strong support from Jiangsu Province and Wuxi City, and we are pleased to confirm our full commitment to this project,” said Cai Yuxuan, Editor, Jiangsu Hanhaihuisheng
Goodhao is a company whose name carries the message of “Good” in English and “Hao” in Chinese, both terms meaning “good”. We specialize in strategic investments in key industries such as new energy, biomedicine, energy storage and semiconductor manufacturing. Our new goal is to expand our presence in the Central European market. Goodhao is headquartered in Wuxi, a key region in Jiangsu Province, China. What makes our company special is the support and cooperation of the Chinese government and the Ministry of Foreign Trade, which provides the company with crucial support and authority for international activities. We work closely with the City of Wuxi in our investment endeavors, allowing us to benefit from local resources and knowledge to achieve our strategic goals. We are proud of our ability to bring new innovations and investments to the Central European market, with the support of the Chinese government and the City of Wuxi.
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Apex Solar, part of the Heran New Energy group, is one of the major manufacturers of solar panels. Apex specializes in the production of panels with state-of-the-art TOPCon and N-Type technology. This technology is known for its high efficiency and ability to generate electricity even under challenging conditions, making it an attractive choice for solar energy systems. With an annual production capacity of 1.5 GW, Apex Solar is one of the largest players in the solar panel market. The company has successfully passed several quality system certifications and has established long-term strategic cooperation with a number of large international companies in the energy industry.
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Zhejiang Eastron Electronics Co., Ltd. was established in 2012 and is a top manufacturer of specialized electricity meters and sensors that provide monitoring, metering and control of energy consumption, especially for photovoltaic power plants. The products include various single-phase and three-phase AC power meters, digital energy analyzers, data collectors, automatic meter reading systems, energy monitoring and control systems, etc. The company cooperates with moha universities for innovation, focusing on the continuous building of research centers, one of which is located in the UK, for example. The company has an extensive international distribution network and exports to more than 60 countries.
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FoxESS is one of the leading manufacturers of energy storage products (ESS) and is specialized in the research and development, production and sales of energy storage inverters and battery systems. It offers advanced distributed energy products, energy storage products and intelligent energy management solutions for residential, industrial and commercial enterprises. Its goal is to help customers more efficiently manage the entire process of new energy generation, energy storage and energy consumption, thereby increasing energy recovery and reducing energy consumption. FoxESS employs more than 2,000 people, had a turnover of 323 million euros in 2022 and is part of the Tsingshan Group, a Fortune 500 company with a turnover of more than $50 billion last year.
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Haier Water Solutions, part of the Haier Group, is the world’s largest manufacturer of water heating systems. According to data published by Euromonitor, Haier was the top-selling brand in home appliances worldwide for 10 consecutive years from 2009 to 2018. The Haier brand was also recognized as the world’s most valuable brand in the IoT (Internet of Things) ecosystem in 2019 with a brand value of $16.3 billion. In 2019, Haier Smart Home ranked 448th on the Fortune Global 500 list with total sales of $27.7 billion.
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