eLong Power and Indonesia's Consumer Protection Agency Sign Strategic Cooperation Agreement to Boost New Energy Sector

Reuters
07/09
eLong Power and Indonesia's Consumer Protection Agency Sign Strategic Cooperation Agreement to Boost New Energy Sector

Elong Power Holding Limited, a company listed on Nasdaq and engaged in high-power battery and energy storage systems, has announced a strategic cooperation agreement with Indonesia's Consumer Protection Agency (BPKN). This collaboration aims to tackle electricity access issues in Indonesia and boost the development of the country's new energy industry. The agreement entails BPKN coordinating with national agencies to invest over US$1 billion in constructing integrated solar-plus-storage off-grid power systems for rural and island residents in Indonesia, with Elong Power providing comprehensive solutions. While this partnership marks a significant step in Elong Power's global expansion, it does not constitute a binding commitment for product or service purchases. Elong Power will also support BPKN in formulating policies for lithium battery energy storage systems and the electrification of the mining sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. eLong Power Holding Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-018201), on July 08, 2025, and is solely responsible for the information contained therein.

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