CATL Inks 7.5 GWh Battery Supply Deal with Gresham House
Chinese power battery giant Contemporary Amperex Technology Co., Limited (CATL) and Gresham House Energy Storage Holdings plc has recently entered into a long-term agreement on the supply of up to 7.5 GWh of battery energy storage systems (BESS). Both parties will work to expand the scope to 10 GWh of BESS for use in utility-scale energy storage.
This is the first time for CATL to enter into a direct partnership with an asset management company that operates energy storage projects. The symbiotic, long-term strategic partnership between CATL and Gresham House, as one of the first few CATL has entered into with owners of BESS assets, represents a trailblazing form of collaboration in the energy storage industry. This partnership of two large players in their respective areas, will enable the acceleration of the deployment of BESS, a crucial technology for enabling the deployment of renewables on an even larger scale and achieving global carbon neutrality targets.
Gresham House plc is a specialist alternative asset management group, which is dedicated to investments in real assets with an ESG focus, across a range of sectors. Gresham House Energy Storage Holdings plc is owned by Gresham House Energy Storage Fung plc (Ticker: GRID), the UK's largest owner of utility-scale BESS that are powering the renewable energy transition.
Views:0
- CATL Introduces TIANXING Brand for Commercial Vehicle Batteries 2024-07-05
- CATL’s First Plant in North China Broke Ground 2024-06-19
- CATL and COSCO SHIPPING reach strategic cooperation agreement 2024-03-19
- CATL Ranked First in 2023 EV Battery Consumption Volume for 7 Years 2024-03-08
- Robin Zeng:Make a Successful EV Transition through Innovation and Sustainability 2024-01-19
- CATL's Shenxing Battery Wins the AUTOBEST 2024 Award 2023-12-26
- CATL’s Guiyang Plant Starts Operation 2023-11-17
- CATL's German Plant to Ramp up Its Production 2023-02-06
- CATL Announced Its Plan to Set up a Chassis Plant in Yichun 2023-01-31
- Qilin Battery Was Recognized as One of the Best Inventions of 2022 by TIME 2023-01-04
Submit Your Requirements, We Are Always At Your Service.
- JAC Strengthens Partnership with CATL, to Use Tianxing Batteries in Its Trucks
- Volvo Trucks Will Be at the IAA Transportation 2024 Expo
- China's First 900km Electric Trunk Line Begins Operation
- SANY 408P Electric Mixer Passes the Certificate under the New EU GSR
- XCMG Mining Trucks Make a Stunning Debut at the China-Eurasia Expo
- Prime Minister of Kyrgyzstan Held Talks with Representatives from SHACMAN
- BYD Ranks Among Top 10 in 2024 Kantar BrandZ Global Automotive Brands
- Mexico Poised to Be World's Third-largest Producer of Automotive Parts
- Skywell Partners Berjaya to Promote NEVs in Malaysia
- Brand Value of FAW Jiefang Reached 131.845 Billion Yuan in 2024
- Mid-Year Pickup Market Report: JAC Exports Up 13%, JMC Exceed 36,000 Units
- Truck Exports in May 2024: China Exported Close to 65,000 Trucks
- Exports of Pickups Reached 22,892 Units in May
- Exports Surge by 157%! DFAC Exports 9,628 Vehicles from January to May
- China's Heavy Truck Exports Rising 58% YOY to 276,000 Units in 2023
- China Exported 507,000 Trucks from Jan.-Sept., Up 21% YoY
- China Exported 65,000 Trucks in July, Up 17% YoY
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April