FlexGen has signed a multi-year supply deal with CATL that the energy storage company’s CEO said puts it ahead of the queue in a crunch time for battery supply.
Kelcy Pegler spoke exclusively to Energy-Storage.news immediately after signing the 10GWh, three-year deal with the Chinese battery manufacturer, live at the RE+ 2022 tradeshow in Anaheim, California.
Throughout the show, supply chain constraints for battery storage have been a constant topic of discussion among the 20,000 attendees.
While the sector has long benefited from the scale and cost reductions coming from mass production of electric vehicles (EVs), demand from the EV market has now grown so much that it is eating up nearly all available supply, leaving little to none left for battery energy storage systems (BESS).
“The market has become clear that there will be haves and have nots of battery supply, and we’ve really made it our intention to make sure that our customers will be in the have column,” Pegler said.
“This capacity agreement ensures that our customers’ projects will have batteries on time and will lead to successful projects.”
FlexGen’s Master Supply Agreement covers the delivery of CATL’s containerised liquid-cooled battery system, EnerC, which the energy storage integrator and software specialist will use for customer projects in the US.
EnerC is claimed to have an energy density of up to 259.7kWh per square metre and is targeted for multi-megawatt-hour applications, with an expected 20-year system lifetime.
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