Energy Storage News•about 1 month ago
HyperStrong and CATL enter 200GWh strategic cooperation
Key Takeaway
This monumental battery supply deal underscores the rapid expansion of the energy storage market and ensures a substantial pipeline of battery components for future projects.
AI Summary
- •CATL will supply HyperStrong with 200 GWh of battery cells and system products over a three-year rolling partnership, renewable annually.
- •This monumental supply agreement signals robust long-term demand for energy storage, securing a significant volume of critical components for HyperStrong's future deployments.
- •For developers and large power consumers, this deal indicates continued scaling of the battery supply chain, potentially leading to more readily available storage solutions and competitive pricing in the medium term.
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