-Announcement follows FlexGen becoming the first U.S. energy storage integrator 
to receive CATL Authorized Services Provider designation

Contemporary Amperex Technology Co., Limited (https://www.catl.com/en/)(CATL), 
a global leader of new energy innovative technologies, today announced it has 
executed a Master Supply Agreement with FlexGen Power Systems, 
Inc.(https://flexgen.com/) (FlexGen), the leading energy storage technology 
platform and energy storage solution provider to supply 10GWh of CATL's leading 
energy storage equipment over a three year period.

CATL will supply FlexGen with EnerC, a containerized liquid-cooling battery 
system. With IP55 and C5 anti-corrosion protection, EnerC is able to meet the 
requirements of various harsh climatic conditions, ensuring the safe and 
reliable operation of the whole system for 20 years. Empowered by its 
industry-leading highly integrated liquid cooling design, EnerC's energy 
density can reach 259.7 kWh per square meter, almost a 200% increase over 
traditional air-cooling systems.

FlexGen's HybridOS™ energy management system platform will power the energy 
storage systems deployed with CATL to provide advanced and reliable capability 
for utility, competitive power market, as well as municipal and cooperative 
utility projects.  The HybridOS (TM) platform is currently powering high 
performance energy storage systems in Texas, California and across North 
America.

The announcement follows FlexGen being named as a CATL Authorized Services 
Provider to provide maintenance and optimization services on CATL battery 
energy storage equipment. FlexGen's designation unlocks an expanded service 
network for CATL equipment in North America while deepening the partnership 
between the two companies which now spans over 2.5 GWh in energy storage system 
projects.

The outlook for energy storage deployments in supporting the energy transition 
and build greater resilience into the grid infrastructure has never been 
brighter. CATL is committed to delivering sustainable battery storage products 
to customers globally. The extended partnership and the latest supply agreement 
with FlexGen enable CATL to deliver critical equipment supply to move forward 
more quickly with energy storage project deployments in the North American 
market. 

CATL is a global leader of new energy innovative technologies. Its equipment is 
currently deployed in some of the largest and most critical energy storage 
projects globally, including the three projects for Southern California Edison 
totaling over 2.1 GWh in capacity, as well as over 500 MWh of merchant energy 
storage plants in operation and under construction in Texas. 

"FlexGen and CATL have partnered for many years on advancing energy storage 
deployments.  The significant commitment we are making to CATL and the energy 
storage market is built upon the quality, performance, and positive results 
this partnership has delivered to our customers," said Kelcy Pegler, CEO of 
FlexGen.  "We are excited about the opportunity to grow the energy storage 
market and bring exceptional energy storage technology to our customers."

"FlexGen has been an essential partner for CATL in the deployment and growth of 
our energy storage business in North America.  The deep technological 
partnership has ensured high performance and reliability for our customers and 
has resulted in some of the best performing plants we have operating," said Tan 
Libin, vice president of CATL. "The expanded commitment we are making with this 
Supply Agreement highlights the value our organizations have delivered and the 
potential we see to further scale our partnership." 

Source: Contemporary Amperex Technology Co., Limited


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