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beeIN is the general distributor of CF Energy energy storage units

Dec 6, 2023

beeIN SA Establishes a Strategic Partnership with CF Energy Co Ltd on the Polish Energy Storage Market

We are excited to announce that beeIN SA has entered into a strategic partnership with the Austrian company CF Energy Co Ltd, which also means that we are becoming the general distributor of their modern energy storage facilities. This step is a key moment in our development, opening new perspectives and enabling us to expand our network of business partners.

We will be responsible for the distribution of CF Energy devices in Poland, taking advantage of our strong market position. "Signing the contract with CF Energy is an important event for us. This is also the first agreement concluded with an energy storage supplier and a milestone in the development of a promising area of ​​our business" – Roman Krawczyk, expert at beeIN SA

CF Energy, with over twenty years of experience, has obtained over 120 patents and serves 3,5 million customers. The company is also a leader in research and development of batteries for electric vehicles. Cooperation with CF Energy allows us to introduce products with an attractive price-quality ratio to our offer.

"As a general distributor, we have extensive opportunities to develop new sales channels. Our goal is also to provide substantive support for installers and salespeople, whom we invite to participate in regularly organized training courses. Energy storage is now on a growth wave and their sales will systematically increase, including: thanks to the 'My Electricity' program and funds from the National Reconstruction Plan and high-class products available at affordable prices. By establishing a partnership with CFE, we will be able to respond to market demand. We assume that in the long term this will have a positive impact on our financial results” – summed up president Michał Sochacki.

The growth of the energy storage market in Poland, estimated by the Polish Energy Storage Association, is compared to the development of the photovoltaics sector. Government subsidy programs and a new method of energy settlement are intended to stimulate this growth. Preferential prosumer support systems, combined with our dynamic development and partnership with CF Energy, have the potential to accelerate this process.

"Together with beeIN, CFE, we would like to introduce a versatile, reliable and price-competitive product to the Polish and neighboring markets. A key pillar of the CFE strategy in Europe is cooperation with strong partners that have positive experience in their market and demonstrate operational and technical efficiency.” – says Grace Lao, manager at CF Energy GmbH.

The introduction of this partnership to the Polish market is a step towards climate neutrality and provides innovative solutions to the growing demand for energy storage in the country. We optimistically expect that this strategic partnership will contribute to the long-term success of beeIN, while strengthening Poland's position on the map of European leaders in the field of energy storage.

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