Zhejiang Narada Power Source Co., a Chinese company known for specializing in energy storage, is coming to the Philippines. In a strategic partnership with iEZ Global Inc. and Hong Kong holding company Dios, Narada aims to address the Philippines’ issues with power storage
With over USD6billion in net assets, Narada Holdings is a multi-faceted company founded in China. Aside from the Zhejiang Narada Power Source Co., Narada ElectrochemicalPower products, and the Narada Foundation, it has assets dedicated to financial services, infrastructure projects, property and hotel management, and lead recycling. Narada Power was established in 1994 and listed on the Chinese Securities Regulatory Commission in 2010. In 2016, the company generated USD1.0billion in revenue with USD1.4billion in total assets. Narada Power currently employs approximately 6,311 employees and 3% of its sales is invested in research and development.
Narada’s mission is to be a provider for a complete power solution for the world with a vision to be a respected global player for energy storage solutions.
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