BERLIN, March 7, 2026 /PRNewswire/ -- Fox ESS, a leading provider of renewable energy solutions, has announced a significant milestone in energy storage efficiency. The company has achieved a record System Performance Index (SPI) of 97%, securing the top position and earning an Efficiency Class A ranking in the storage category by HTW Berlin and AQUU Research.
HTW Berlin, a leading German university of applied sciences, is internationally recognized for its rigorous research in energy storage technologies. Its annual 'Energy Storage Inspection' reports are regarded as some of Europe's most credible evaluations, thoroughly assessing energy storage systems under practical conditions.
"This SPI of 97% is more than just a number; it embodies our steadfast commitment to innovation and excellence in energy storage solutions. We are dedicated to advancing the Energiewende initiative, ensuring that everyone can benefit from reliable and sustainable solar energy." said Christoph Schön, the General Manager of DACH region at Fox ESS.
Record Performance
The latest report reviewed 12 systems, of which 8 were evaluated using the SPI (10 kW) metric. Fox ESS's system, featuring the PQ-H3-Ultra-10.0 inverter and the EQ3300-5 battery, achieved a groundbreaking SPI of 97%. This high efficiency reflects Fox ESS's optimized design, which minimizes energy conversion losses and enhances overall system reliability for residential users.
Ongoing Success
Last year, Fox ESS's H3 Hybrid Inverter and ECS system achieved an A-Class rating with a performance index of 94.8% in the 10 kW residential storage system test. Additionally, earlier this year, the S&P Global Energy Residential Storage Index ranked Fox ESS as the No. 1 market share leader in Europe. In 2023, the company was also listed on Forbes's Unicorn List, further solidifying its prominent position in the industry.
In the past three years, Fox ESS has installed over 890,000 PV inverters and more than 1 million batteries across over 70 countries. Looking ahead, the company remains committed to technological innovation, striving to deliver high-performance products tailored to customer needs.
About Fox ESS
Founded in 2019 and headquartered in Wenzhou, China, Fox ESS is a national high-tech enterprise specializing in the R&D, production, sales, and service of renewable energy power equipment, with a strong focus on advanced power electronics. Committed to global growth, Fox ESS has established a presence in over 70 countries and regions, forging more than 200 partnerships that drive innovation across Asia, Europe, the Americas, Africa, and Oceania. Guided by a customer-first philosophy, we deliver high-efficiency renewable energy solutions worldwide through innovation and exceptional value.
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Fox ESS Achieves Record 97% Energy Storage Efficiency under HTW Rankings
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Three New Equipment Models and the Launch of LGMG ProCare Underscore Continued Global Expansion
LAS VEGAS, March 7, 2026 /PRNewswire/ -- At CONEXPO-CON/AGG 2026 in Las Vegas, which concluded March 7, LGMG introduced three new models across its aerial work platform, telehandler, and material handling lines while outlining initiatives aimed at strengthening its North American operations. The company also presented its mining equipment portfolio, highlighting product developments and service enhancements aligned with regional customer requirements.
Building on its expanding North American presence, LGMG continues to invest in localized R&D and market-driven product development. Customizable equipment tailored to regional performance and regulatory standards reflects this focus. At the expo, live equipment demonstrations and smart operation simulation zones provided hands-on insight into machine capabilities and operational performance.
On the first day of the exhibition, LGMG hosted a dedicated launch introducing three new models: a 125-foot telescopic boom lift, the H1256 telehandler, and the X7 series electric counterbalanced forklift. These additions strengthen the company's position in high-reach access, heavy lifting, and electrified material handling, supporting contractors, rental fleets, and industrial operators seeking improved productivity and lower-emission solutions.
Complementing its equipment portfolio, LGMG introduced its new service brand, "LGMG ProCare," built around the service commitment of "Always Available, Always Reliable." The program reinforces the company's global service network and localized support capabilities, aimed at strengthening after-sales responsiveness and parts availability across key markets.
During the event, LGMG signed cooperation agreements with global strategic partners, further expanding its international collaboration. The company also secured prospective purchase orders, reflecting sustained customer engagement and market confidence.
CONEXPO-CON/AGG 2026 served as a platform to demonstrate LGMG's brand strength and technical capabilities while reaffirming its commitment to serving local markets and global customers. Looking ahead, the company will continue investing in core technologies, enhancing localized operations, and deepening strategic partnerships to support long-term growth in the construction equipment industry.
For more information about LGMG's exhibit from CONEXPO-CON/AGG 2026, please visit https://www.lgmg.com.cn
Three New Equipment Models and the Launch of LGMG ProCare Underscore Continued Global Expansion
LAS VEGAS, March 7, 2026 /PRNewswire/ -- At CONEXPO-CON/AGG 2026 in Las Vegas, which concluded March 7, LGMG introduced three new models across its aerial work platform, telehandler, and material handling lines while outlining initiatives aimed at strengthening its North American operations. The company also presented its mining equipment portfolio, highlighting product developments and service enhancements aligned with regional customer requirements.
Building on its expanding North American presence, LGMG continues to invest in localized R&D and market-driven product development. Customizable equipment tailored to regional performance and regulatory standards reflects this focus. At the expo, live equipment demonstrations and smart operation simulation zones provided hands-on insight into machine capabilities and operational performance.
On the first day of the exhibition, LGMG hosted a dedicated launch introducing three new models: a 125-foot telescopic boom lift, the H1256 telehandler, and the X7 series electric counterbalanced forklift. These additions strengthen the company's position in high-reach access, heavy lifting, and electrified material handling, supporting contractors, rental fleets, and industrial operators seeking improved productivity and lower-emission solutions.
Complementing its equipment portfolio, LGMG introduced its new service brand, "LGMG ProCare," built around the service commitment of "Always Available, Always Reliable." The program reinforces the company's global service network and localized support capabilities, aimed at strengthening after-sales responsiveness and parts availability across key markets.
During the event, LGMG signed cooperation agreements with global strategic partners, further expanding its international collaboration. The company also secured prospective purchase orders, reflecting sustained customer engagement and market confidence.
CONEXPO-CON/AGG 2026 served as a platform to demonstrate LGMG's brand strength and technical capabilities while reaffirming its commitment to serving local markets and global customers. Looking ahead, the company will continue investing in core technologies, enhancing localized operations, and deepening strategic partnerships to support long-term growth in the construction equipment industry.
For more information about LGMG's exhibit from CONEXPO-CON/AGG 2026, please visit https://www.lgmg.com.cn
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
LGMG Showcases New Products and Service Initiatives at CONEXPO-CON/AGG 2026
