Hong Kong tycoon-backed firm challenges energy-storage giants with new battery
- Posted on September 26, 2026
- By South China Morning Post
- 1 Views
- 1 min read
A Hong Kong-backed energy storage venture backed by Peter Lee's family investment office is disrupting the battery market with innovative nickel-hydrogen technology. The company, EnerVenue, has established manufacturing operations in mainland China to scale production and compete with established energy-storage providers. This strategic expansion marks a significant move in the renewable energy sector, positioning the firm to capture growing demand for sustainable power solutions in Asia's rapidly evolving clean energy landscape.
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