E-Power Inc. Announces a Major Strategic Breakthrough with a $252 Million Multi-Phase Microgrid Agreement for California Expansion

(SeaPRwire) –   DOVER, USA, May 06, 2026 — E-Power Inc. (“E-Power”, the “Company”, “we” or “our”) (NASDAQ: EPOW), a leading provider of AI Data Center (AIDC) microgrid solutions and advanced battery materials, today announced a key milestone in its North American expansion following the signing of a landmark three-phase Microgrid Construction & Services Agreement with ZL Bio LLC. Located in Middletown, California, this project marks a significant advancement in deploying large-scale, resilient energy infrastructure for industrial-grade cultivation operations.

A Scalable Breakthrough in Energy Infrastructure

This agreement establishes a comprehensive roadmap to scale ZL Bio’s power capacity from 3 MW to 50 MW, utilizing an advanced “Solar + Storage + Backup” framework. This strategic structure enables seamless expansion across three development phases, ensuring energy supply aligns perfectly with the operational growth of ZL Bio’s 6,000-unit greenhouse facility.

• Phase 1 (3 MW): Immediate mobilization to power 330 greenhouse units with a capital expenditure (CAPEX) of $15.12 million.
• Phase 2 (+6 MW): Incremental scale-up to 9 MW cumulative capacity serving 997 units, valued at $30.24 million.
• Phase 3 (+41 MW): A large-scale industrial expansion to 50 MW serving 6,000 units, bringing total project CAPEX to approximately $252 million.

Technical Excellence and Unmatched Reliability

Per the terms of the EPC (Engineering, Procurement, and Construction) agreement, E-Power will deliver a turnkey microgrid solution featuring Tier-1 bifacial solar modules and high-safety Lithium Iron Phosphate (LFP) Battery Energy Storage Systems (BESS). Key technical breakthroughs for this project include:

• Instantaneous Islanding: The system is engineered to detect grid disturbances and switch to “island mode” within 20ms, ensuring zero downtime for critical environmental control systems.
• Intelligent Energy Management: Deployment of a proprietary EMS/SCADA platform for 24/7 remote monitoring, automated load shedding, and demand response initiatives.
• Guaranteed Performance: E-Power has committed to a 99.5% system availability guarantee and a financially secure solar yield protection plan.

Management Commentary

“This $252 million agreement marks a major breakthrough for E-Power as we solidify our position as a premier provider of mission-critical energy infrastructure in the United States,” said Mr. Haiping Hu, Chairman of E-Power Inc. “By addressing ZL Bio’s complex energy needs with our integrated microgrid technology, we are demonstrating that E-Power can deliver the scale, reliability, and technical sophistication required by the next generation of high-demand industrial and AI-driven enterprises.”

Long-Term Operations and Maintenance

In addition to construction, the partnership includes a long-term Operations & Maintenance (O&M) commitment. E-Power will provide 24/7 remote monitoring, quarterly technical inspections, and a high-priority Emergency Response Service Level Agreement (SLA) to maintain maximum uptime for the facility.

About E-Power Inc.

E-Power Inc., through its joint venture, manufactures and sells graphite anode material for lithium-ion batteries. The company’s joint venture has completed construction of a manufacturing facility with a production capacity of 50,000 tons. This plant runs on low-cost renewable electricity, which allows E-Power to be a low-cost and low–environmental-impact producer of graphite anode material. Mr. Haiping Hu, the company’s founder and CEO, has been a leading pioneer in the global graphite anode industry since 1999. The company’s management team is also composed of experts with years of experience and strong track records of success in the graphite anode sector. For further information, please visit the company’s website at www.sunrisenewenergy.com.

Forward-looking statement

Certain statements in this press release regarding the company’s future expectations, plans and prospects constitute forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include references to plans, goals, objectives, strategies, future events, expected results, assumptions and any other unfulfilled factual statements. Any wording using terms such as “may”, “will”, “want”, “should”, “believe”, “expect”, “anticipate”, “estimate” or similar non-factual phrasing will be classified as forward-looking statements. A variety of factors may cause actual results to differ materially from historical results or the projections outlined in these forward-looking statements. These factors include, but are not limited to, the company’s strategic objectives, future business plans, market demand and user adoption of the company’s products or services, technological updates, economic trends, the company’s reputation and brand, the impact of industry competition, applicable policies and regulations, China’s macroeconomic conditions, international market conditions, and other associated risks and assumptions. Given these and other related factors, we advise investors not to blindly rely on these forward-looking statements, and urge investors to visit the SEC’s website to review the company’s relevant filings for additional factors that may impact the company’s future operating results. The company has no obligation to publicly update or revise these forward-looking statements to reflect new events or circumstances unless required by law.

For further information, please contact:

The Company: IR Department

Email: IR@sunrisenewenergy.com

Phone: +1 4084890472