Hanergy Holding Group has signed a strategic agreement with bike-sharing company MTbike
Under the partnership, Hanergy will integrate thin-film solar panels into the body of over ten million bicycles in the next three years to meet the electricity demand of their smart lock systems. The total value of the agreement will reach over 300 million yuan (US$45.5 million).
“Mobile solar energy applied to the sharing economy has huge potential to transform the transportation industry and many others,” said chairman Li Hejun. “With Hanergy’s global leading thin-film technology and world-class R&D capability, we are well-positioned to provide convenient and efficient mobile energy solutions to China’s rapidly growing bike-sharing industry.”
Hanergy previously signed similar partnership with Mobike and 99 Bicycle. Under the agreement with Mobike, in addition to supplying high-efficiency thin-film solar panels, Hanergy and Mobike will also set up a joint lab to develop mobile energy and “internet of energy” technologies. With 99 Bicycle, it will help the company to produce over 5 million bikes with using solar panels over the next two years.
The company’s thin-film solar panels are thin, light, flexible and resilient with high conversion rates , which makes them an ideal power source for shared bikes and other mobile energy applications. Other than providing electricity for the smart locks, the panels will also be the power source for MTbike’s other technologies, such as smart handlebars and motor locks installed in the bikes in the future.
The thin-film panels are designed to operate under extreme situations including heavy vibrations from rough roads and crashes, as well as heavy rain. The panels have even passed “gunshot tests” conducted in its US laboratory.
Hanergy recently signed an agreement with Audi to jointly introduce integrated thin-film solar cells in the panoramic roofs of Audi models. The innovative solution will prolong endurance mileage by feeding solar energy into the internal vehicle electrical system.