Source: Eternalplanet
Recently, Shenzhen Eternalplanet Energy Co., Ltd. (hereinafter referred to as Eternalplanet) has successfully closed a financing round of hundreds of millions of RMB. Led by ZX Holdings, the raised funds will be mainly used for new product R&D, global market expansion and supply chain capability upgrading.
ZX Holdings is a professional investment institution focusing on high-tech and innovative enterprises, with key layouts in advanced manufacturing, artificial intelligence and robotics, new energy, new materials, semiconductors, aerospace and other sectors. Mr. Xia Zuoquan, Chairman of ZX Holdings, is one of the founders of BYD. The lead investment from ZX Holdings fully recognizes Eternalplanet's technical strength and global commercial implementation capability in the residential energy storage track.
EP Cube Residential BESS
EP Cube Residential Energy Storage System
Continuous validation of commercial results and steady advancement of global layout Since mass production in 2022, EP Cube, the core product of Eternalplanet, has entered more than ten countries and regions including the United States, Japan, Italy, the United Kingdom and Germany.
In Italy and Japan, two fiercely competitive residential energy storage markets, EP Cube stands as one of the fastest-growing brands in recent years. After its successive launches in the two markets in 2023 and 2024 respectively, its market share reached approximately 5% in both regions by 2025.
EP Cube Small-Scale Commercial and Industrial Installation Case Study in Italy
EP Cube Small-scale Commercial & Industrial Installation Case in Italy
New financing fuels growth in the next phase The funds from this financing round will be invested mainly in three major directions: R&D of new-generation products, global market expansion, and supply chain capability optimization. In addition, the company will continue to increase investment in the R&D of AI energy management platforms, construction of overseas channels and reinforcement of local after-sales teams.
"Household solar-storage markets across the globe are shifting from subsidy-driven to value-driven. We will take product innovation as our core competitive strategy, adhere to the full-stack self-research route, deeply cultivate core overseas markets including the US, Japan and Europe. With robust product strength and localized operation capabilities, we strive to build EP Cube into a household energy system brand highly recognized and trusted by overseas users." said Yin Shaowen, Founder and General Manager of Eternalplanet.
"Driven by the coordinated development of solar and storage, energy storage has emerged as a new growth engine. Eternalplanet targets the global market and deploys high-value-added businesses. We uphold long-termism, navigate through industrial cycles with solid product strength, and share long-term value with customers, employees, suppliers and investors." said Zhuang Yan, Chairman of Eternalplanet.
About Eternalplanet
Founded in 2021 and held by Canadian Solar Inc., Shenzhen Eternalplanet Energy Co., Ltd. is a technology enterprise focusing on integrated household energy solutions. Its business covers R&D, manufacturing, sales and customer service. The company’s core product EP Cube has entered more than ten countries and regions worldwide. It is committed to helping users realize autonomous energy management and a green low-carbon lifestyle through intelligent, safe and reliable household energy storage systems.
About ZX Holdings
ZX Holdings is a professional investment institution focusing on high-tech and innovative enterprises, with key layouts in advanced manufacturing, artificial intelligence and robotics, new energy, new materials, semiconductors, aerospace and other sectors.