Sigenergy Launches Sri Lanka Brand, Signs Storex Renewables Deal and Two MoUs

Sigenergy launched its brand in Sri Lanka on October 15, 2026, signing a distributor partnership with Storex Renewables and memoranda of understanding with installer partners Penta Prime and Solar Therm. The Shanghai-based energy technology company announced the launch under the theme "Powering a New Era of Smart Energy in Sri Lanka," according to GlobeNewswire.

Sigenergy's Colombo Launch and Partner Signings

Rohana Rambodage, Director General of the Sri Lanka Sustainable Energy Authority, delivered opening remarks at the event, which brought together industry leaders, business partners and customers. Marvin Xiao, Sigenergy's Regional Director, outlined the company's vision and strategic roadmap for Sri Lanka.

"Our mission is to enable everyone to enjoy green energy. Sri Lanka has tremendous potential for clean energy, and Sigenergy is committed to contributing to the country's renewable energy ambitions through innovative energy solutions," Xiao said.

Shawn Li, Solution Director, presented Sigenergy's residential and commercial and industrial energy solutions, with the SigenStor Neo series as a key highlight. The company described the series as an integrated all-in-one solution designed to help customers generate more, use more and save more, while supporting opportunities from nighttime peak feed-in tariffs and meeting local quality standards. Li also introduced Sigenergy's broader portfolio of solutions, which the company said addresses the energy needs of homes, businesses and large-scale projects.

Sigenergy's Global Scale and Funding Record

Sigenergy is a Shanghai-based AI-driven energy technology company that designs and manufactures integrated solar, battery storage, EV charging and heat-pump systems for residential, commercial and utility customers, according to akta.pro company records. The company was founded in 2022 and sells through 170+ distributors and 25,000+ installers across 120+ countries. The same records show total funding of $104 million, with the last round dated February 1, 2024, and a headcount range of 501-1000.

Earlier Sigenergy Moves in South Asia and Malaysia

Storex Renewables launched SigenStor Neo in Sri Lanka in September 2026, with the battery rated for 10,000 charge cycles and carrying an IP66 rating, Lankatalks reported. Sigenergy unveiled its SigenStor NEO energy storage solution in Pakistan on October 9 at a Karachi event, according to GlobeNewswire, with the all-in-one system integrating control, generation, storage and backup. At Malaysia's IGEM 2026 in October 2026, Sigenergy showcased AI-driven energy solutions and signed MOUs with Milieu and YT Energy, GlobeNewswire reported.

Sigenergy's Next Steps in Sri Lanka

Sigenergy said it will continue working closely with its local partners to bring smart energy technologies to Sri Lanka. The company's own announcement lists the SigenStor Neo series among the solutions presented at the launch.