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Hoymiles Expands Southeast Asia Energy Storage Presence Through Strategic Partnership with TAMCO

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Hoymiles Expands Southeast Asia Energy Storage Presence Through Strategic Partnership with TAMCO
Business

Business

Hoymiles Expands Southeast Asia Energy Storage Presence Through Strategic Partnership with TAMCO

2026-07-07 19:25 Last Updated At:19:45

KUALA LUMPUR, Malaysia, July 7, 2026 /PRNewswire/ -- Hoymiles announced a strategic partnership with TAMCO, a well-established power infrastructure solutions provider in Malaysia, to support the development of the country's future energy infrastructure. This collaboration combines Hoymiles' globally deployed energy storage technologies with TAMCO's six decades of local industrial expertise, marking another significant step in Hoymiles' utility-scale energy storage sector as well as its expansion across Southeast Asian markets. Top executives from both sides and representatives from Malaysian Investment Development Authority (MIDA) attended the signing ceremony.

For the first phase of the collaboration, TAMCO will locally assemble Hoymiles' AI-empowered 5MWh and 6MWh liquid-cooled utility-scale BESS solutions at its BR2 facility in Shah Alam. By combining Hoymiles' globally proven energy storage technologies with TAMCO's extensive engineering expertise and local manufacturing capabilities, the partnership will make advanced energy storage solutions more accessible to the local market and provide comprehensive support for utility-scale projects across Malaysia.

In addition to local assembly, the partnership also includes system integration, testing, commissioning, servicing and long-term maintenance, ensuring a comprehensive local delivery and lifecycle support framework for utility-scale energy storage projects.

"Our partnership with Hoymiles represents an important step in expanding the solutions we deliver while strengthening the engineering expertise and technical capabilities needed for the country's future energy infrastructure," said Wong Jun Pin, Chief Executive Officer of TAMCO Switchgear (Malaysia) Sdn. Bhd.

Stressing the importance of trusted local partnerships in the success of advanced energy solutions, Dr. Zhao Yi, Chief Technology Officer and Vice President of Hoymiles, said, "Malaysia has built a strong foundation for the future of energy, and TAMCO's engineering expertise and deep understanding of the local operating environment make them an ideal partner to translate our global experience into solutions that deliver value locally."

Sherulanuar Abd. Karim, Director of Malaysian Investment Development Authority (MIDA) noted that the collaboration demonstrates how international partnerships can strengthen Malaysia's industrial capabilities while supporting the country's clean energy transition.

Malaysia is one of Southeast Asia's fastest-growing renewable energy markets and a key market in Hoymiles' regional energy storage strategy. In recent years, Hoymiles has continued to strengthen its local presence through a series of landmark solar-plus-storage projects.

Building on this partnership, Hoymiles and TAMCO will work together on technology exchange, talent development and localization initiatives, supporting Malaysia's energy infrastructure development and long-term energy transition.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Hoymiles Expands Southeast Asia Energy Storage Presence Through Strategic Partnership with TAMCO

Hoymiles Expands Southeast Asia Energy Storage Presence Through Strategic Partnership with TAMCO

PANAMA CITY, July 7, 2026 /PRNewswire/ -- BingX, a leading cryptocurrency exchange and Web3-AI company, today announced the launch of SK Hynix ADR pre-IPO trading on its platform, ahead of the semiconductor giant's highly anticipated Nasdaq listing on July 10. Alongside the trading launch, BingX has introduced a prediction campaign featuring a $100,000 USDT prize, enabling users to engage with one of the most significant public offerings in market history.

SK Hynix ADR is expected to become one of the largest offerings on record, targeting up to $29.4 billion through the issuance of approximately 17.79 million new shares under the ticker symbol SKHY. After pioneering the world's first High Bandwidth Memory (HBM) product in 2014, SK Hynix strengthened its position in AI infrastructure, driving rapid growth and lifting its market capitalization above $1 trillion in May 2026.

To mark the launch, BingX is introducing a $100,000 USDT prediction campaign, inviting users to forecast whether SK Hynix ADR will open above or below $166 on its first trading day. Participants can earn voting opportunities through designated platform activities, with winners sharing the prize pool proportionally.

"Investor interest is increasingly extending beyond cryptocurrencies to global AI leaders and landmark public listings," said Pablo Monti, Brand Spokesperson at BingX. "By bringing SK Hynix ADR pre-IPO trading to BingX, we're enabling our community to participate in landmark financial events and share the excitement surrounding one of 2026's defining market moments."

About BingX
Founded in 2018, BingX is a leading crypto exchange and Web3-AI company, serving over 40 million users worldwide. Ranked among the top five global crypto derivatives exchanges and a pioneer of crypto copy trading, BingX addresses the evolving needs of users across all experience levels.

Powered by a comprehensive suite of AI-driven products and services, including futures, spot, copy trading, and TradFi offerings, BingX empowers users with innovative tools designed to enhance performance, confidence, and efficiency.

BingX has been the principal partner of Chelsea FC since 2024, and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026.

For more information, please visit: https://bingx.com/

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

BingX Launches SK Hynix ADR Pre-IPO Trading with a $100,000 Prediction Campaign

BingX Launches SK Hynix ADR Pre-IPO Trading with a $100,000 Prediction Campaign

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