2023-11-10 00:37:36
Stationary battery manufacturer Hithium announced a new cooperation agreement with energy storage project developer Perfect Power LLC, whose operations are primarily in Texas and California. The partner has signed an agreement for Hithium to supply 1 GWh of battery products that are expected to be deployed in its markets. The two companies signed the memorandum of understanding at Hithium’s headquarters in Xiamen, China.
news-body-cta">This press release includes multimedia. See the full statement here:
Signing ceremony site Left: CEO of Perfect Power, Anthony (Tony) Maselli;
Right: Chairman of Hithium, Jeff Wu (Photo: Business Wire)
Led by Anthony Maselli and an experienced team with more than 2,000 MWhs of ESS projects operating across the United States, Perfect Power will enhance its operations with advanced energy storage and power generation technology designed for integration with the U.S. utility grid. area.
Focusing on Texas, which has the second-largest installed solar capacity of all US states, Perfect Power is focusing on sustainable, reliable and renewable clean energy generation and energy storage.
Anthony Maselli, CEO of Perfect Power, commented: “Battery performance and durability are crucial to us as we focus on facilitating a more flexible grid and reliable clean energy for the neighborhoods and regions served by our projects. Having a supplier like Hithium gives confidence to both our investors and our end consumers that they can depend on our projects.”
Hithium President Jeff Wu added: “Cooperating with Perfect Power is an exciting step for us in the US, allowing us to support projects in two of the country’s largest energy markets, California and Texas. With this collaborative initiative, we aim to promote the penetration and deployment of advanced energy storage products in the NetZero transition in the US.”
With 11 GWh of battery products delivered since its founding in 2019, Hithium is one of the few large-scale manufacturers that focuses exclusively on stationary energy storage. The company’s 314 Ah cell features a lifespan of 11,000 cycles and provides the basis for its new 5 MWh ∞block container system, whose innovative design reduces the required surface area by 20%.
Sobre a Perfect Power
Perfect Power LLC is a leading developer of distributed energy storage in Texas, having developed and operated projects throughout ERCOT and California. Perfect Power has experience in power generation, renewable energy and energy storage. Committed to providing renewable solutions, Perfect Power is leading the transition to a sustainable energy future.
Sobre a Hithium
Founded in 2019, Hithium is a leading manufacturer of high-quality stationary energy storage products for utility-scale, commercial and industrial applications. Across its four distinct R&D centers and multiple smart production facilities, Hithium has innovated revolutionary safety improvements to its lithium-ion batteries, as well as significant increases in cycle life. With decades of accumulated experience in the field among its founders and senior executives, Hithium leverages its BESS expertise to offer partners and customers unique advancements in energy storage. The company is headquartered in Xiamen, China, with operations in the US, Australia, Dubai and Europe, and is expanding its production capacity to 70 GWh by the end of 2023.
The original language text of this announcement is the official authorized version. Translations are provided as a facility only and must refer to the text in the original language, which is the only version of the text that has legal effect.
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Source: BUSINESS WIRE
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