Deals Counterparts

CATL to supply batteries for Fluence energy storage projects

Supply Agreement Energy Storage announced Jining, Global Mar 26, 2024
2 GW
Capacity
operating
Stage

Fluence and CATL signed a long-term supply agreement for CATL to provide next-generation battery technology for Fluence's energy storage projects globally.

Source Intelligence

KEY DETAILS

Shipments of the 587-Ah cell are projected to reach 3GWh this year. Quote: This year, shipments of the 587-Ah cell are projected to reach 3GWh, the report noted. CATL launched the 587-Ah high-capacity cell on June 10. Quote: CATL launched the 587-Ah high-capacity cell on June 10, achieving an energy density of 434 Wh/L -- a 10 percent improvement over its predecessor. CATL's globally deployed energy storage system capacity exceeds 256 GWh. Quote: Through iterations including the 280 Ah and 314 Ah products, CATL's globally deployed energy storage system capacity exceeds 256 GWh, the company said at its June launch event.

Capacity
The 587-Ah high-capacity cell has achieved 2 GWh in shipments, marking its official entry into mass commercialization, according to a report today by local media outlet Jiemian.
Location
CATL's production facility in Jining, Shandong, supports a daily output exceeding 220,000 587-Ah high-capacity cells, according to the report.
Announcement
Phate Zhang • Dec 3, 2025 at 1:20 PM UTC
PARTIES MENTIONED IN SOURCE
C
CATL seller

"CATL (HKG: 3750, SHE: 300750) has commenced large-scale commercialization of its next-generation high-capacity battery cells for energy storage systems, following the product's launch in June ."

high quality Enriched Feb 19, 2026

Timeline

Announced
Mar 26, 2024
Signed
Closed

Market Context

This deal is part of the Energy Storage sector in Global.
13
Energy Storage deals
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deals in Global
1 of 13 Energy Storage deals tracked this month · Updated daily

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