X2M Connect Limited (ASX:X2M) has secured a NTD50m (approximately AUD2.3m) project to provide an energy management solution for GreenRock Energy's 94MW Battery Energy Storage System in Taiwan, marking a significant step in their strategic partnership which includes equity exchange, community battery ownership, and collaborative development in renewable energy projects across Taiwan, Australia, South Korea, and Japan.
This partnership and project underscore X2M's focus on the utility sector, particularly in renewable energy, leveraging its IoT technology to capture a significant share of the growing renewable energy markets.
ASX Code: X2M