Shenzhen Clou Electronics (002121.SZ) announced that CL Energy Storage Corporation, a wholly-owned subsidiary, ...
CL Energy Storage Corporation ("Clou USA"), a wholly-owned subsidiary of Shenzhen Clou Electronics (002121.SZ), recently signed an Equipment Purchase Agreement for Battery Energy Storage System with GEA TRANSMISORA SpA ("GEA"), a subsidiary of Transelec S.A. As per the contract, Clou USA will sell 105MW/420MWh of containerized battery energy storage systems to GEA.
In addition, the project's liquid-cooled energy storage solution has advantages of excellent performance, system stability, balanced costs, and quick installation. This project not only marks the company's transformation from an equipment supplier to a system integrator in the overseas energy storage market but also helps to further expand the Americas, especially the South American energy storage market, by providing large-scale system integration solutions for overseas customers as a system integrator.