PR97986

ANAHEIM, Calif., Sept. 22, 2022 /PRNewswire=KYODO JBN/ --

-Announcement follows FlexGen becoming the first U.S. energy storage integrator

to receive CATL Authorized Services Provider designation

Contemporary Amperex Technology Co., Limited (https://www.catl.com/en/)(CATL),

a global leader of new energy innovative technologies, today announced it has

executed a Master Supply Agreement with FlexGen Power Systems,

Inc.(https://flexgen.com/) (FlexGen), the leading energy storage technology

platform and energy storage solution provider to supply 10GWh of CATL's leading

energy storage equipment over a three year period.

CATL will supply FlexGen with EnerC, a containerized liquid-cooling battery

system. With IP55 and C5 anti-corrosion protection, EnerC is able to meet the

requirements of various harsh climatic conditions, ensuring the safe and

reliable operation of the whole system for 20 years. Empowered by its

industry-leading highly integrated liquid cooling design, EnerC's energy

density can reach 259.7 kWh per square meter, almost a 200% increase over

traditional air-cooling systems.

FlexGen's HybridOS™ energy management system platform will power the energy

storage systems deployed with CATL to provide advanced and reliable capability

for utility, competitive power market, as well as municipal and cooperative

utility projects.  The HybridOS (TM) platform is currently powering high

performance energy storage systems in Texas, California and across North

America.

The announcement follows FlexGen being named as a CATL Authorized Services

Provider to provide maintenance and optimization services on CATL battery

energy storage equipment. FlexGen's designation unlocks an expanded service

network for CATL equipment in North America while deepening the partnership

between the two companies which now spans over 2.5 GWh in energy storage system

projects.

The outlook for energy storage deployments in supporting the energy transition

and build greater resilience into the grid infrastructure has never been

brighter. CATL is committed to delivering sustainable battery storage products

to customers globally. The extended partnership and the latest supply agreement

with FlexGen enable CATL to deliver critical equipment supply to move forward

more quickly with energy storage project deployments in the North American

market.

CATL is a global leader of new energy innovative technologies. Its equipment is

currently deployed in some of the largest and most critical energy storage

projects globally, including the three projects for Southern California Edison

totaling over 2.1 GWh in capacity, as well as over 500 MWh of merchant energy

storage plants in operation and under construction in Texas.

"FlexGen and CATL have partnered for many years on advancing energy storage

deployments.  The significant commitment we are making to CATL and the energy

storage market is built upon the quality, performance, and positive results

this partnership has delivered to our customers," said Kelcy Pegler, CEO of

FlexGen.  "We are excited about the opportunity to grow the energy storage

market and bring exceptional energy storage technology to our customers."

"FlexGen has been an essential partner for CATL in the deployment and growth of

our energy storage business in North America.  The deep technological

partnership has ensured high performance and reliability for our customers and

has resulted in some of the best performing plants we have operating," said Tan

Libin, vice president of CATL. "The expanded commitment we are making with this

Supply Agreement highlights the value our organizations have delivered and the

potential we see to further scale our partnership."

Source: Contemporary Amperex Technology Co., Limited

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