REPT BATTERO Signs Agreement with Energy Vault to Supply 10 GWh of Batteries
REPT BATTERO Energy has signed an agreement with Energy Vault to supply 10GWh of high-energy capacity, high-density lithium-ion battery and other high quality energy storage solutions, making another stride forward in its global expansion as it facilitates the world's economy to transition to renewables with its innovative energy storage technology.
May 24, 2023. By News Bureau
The supply agreement for 10GWh is one of the most substantial to date, with initial deliveries expected to start in Q3 2023. The deal will see REPT BATTERO initially deliver 280Ah batteries, followed by the company's next-gen Wending Battery designed for larger capacity and greater life cycle to gain a stronger competitive advantage in global BESS business.
The main highlights of the lithium battery products under the agreement are the uniformity of thermal management and excellent thermal safety.
Products have not only passed the latest version of UL1973, IEC62619, IEC63056 certification, but also successfully undergone full testing in accordance to the latest UL9540A standards.
"The Energy Vault team has proven to be the most customer-centric and rapidly growing energy storage company in the industry. We are very excited about this partnership because it will enable the exponential growth that we were aiming for in the stationary energy storage sector," said Dr. Cao Hui, Chairman & CEO of REPT BATTERO. "We are confident in Energy Vault's ability to win the largest projects worldwide, supporting our growth plan. We are pleased to leverage Energy Vault's expertise to convert our high-quality battery technology to bespoke solutions for the largest customers worldwide."
"This partnership combines REPT BATTERO's significant technical expertise and leadership in manufacturing safe, reliable and high performance liquid-cooled Li-ion battery packs which Energy Vault plants to use in its proprietary B-Vault BESS platform, one of the most advanced AC block designs in the industry that optimizes cost and maximizes reliability and uptime for our customers. Cost optimization with higher safety and reliability has been central to the design and integration of Energy Vault's B-Vault BESS Platform," said Akshay Ladwa, Chief Engineering Officer, Energy Vault. Additionally, the partnership enables successful execution and delivery of short duration and hybrid energy storage solutions to our global customer base, and further advances our strategy to provide our customers with a comprehensive portfolio of solutions to address both their short and long duration energy storage needs."
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