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CATL and HGP Establish Partnership to Facilitate Up to 5 GWh of Battery Energy Storage Systems

DALLAS, TX / ACCESSWIRE / March 28, 2023 / Contemporary Amperex Technology Co., Limited (CATL), a global leader of new energy innovative technologies, and HGP Storage, LLC (HGP), a company specializing in the development of advanced battery energy storage systems (BESS), have announced an agreement on the supply of over 450 MWh of BESS. Both parties have also agreed to enter into a long-term partnership to facilitate up to 5 GWh of utility-scale and distributed energy projects to meet Texas's growing demand for sustainable energy solutions.

HGP Storage, Tuesday, March 28, 2023, Press release picture

The 450 MWh of BESS will be deployed on a project in Texas, which is scheduled to begin commercial operations in 2024. CATL will supply HGP with EnerC, its containerized liquid-cooling BESS that features a high level of safety, long service life and high integration. With IP55 and C5 anti-corrosion protection, EnerC is also able to meet the requirements of various harsh climatic conditions. Adopting CATL's integrated liquid cooling system will further contribute to the long service life and safe operation of the project.

By leveraging CATL's advanced battery technology and HGP's expertise in energy infrastructure and storage resource development, this partnership will provide a streamlined go-to-market solution that meets growing needs for clean energy in Texas and North America, demonstrating the commitment of both companies towards achieving a sustainable and greener future.

Headquartered in Dallas, Texas, HGP is a leading energy infrastructure and storage resource developer that brings decades of market knowledge to deploy investment-grade assets to power grids, accelerating the energy transition.

Contact Information:

Gregory Forero
CEO
gf@hgpstorage.com
2032520800

SOURCE: HGP Storage, LLC

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View source version on accesswire.com:
https://www.accesswire.com/746250/CATL-and-HGP-Establish-Partnership-to-Facilitate-Up-to-5-GWh-of-Battery-Energy-Storage-Systems

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