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