The US Navy & Department of Defense recently announced storage investments totalling $100m as utilities begin relying on the military to bail them out in times of crisis
Wärtsilä & EVE Energy agree battery supply deal
Technology group Wärtsilä has signed a “large multi-year” supply agreement with battery cell supplier EVE Energy.
The agreement will support Wärtsilä’s “strong pipeline of energy storage & optimisation orders across key markets”, a statement said.
Wärtsilä currently has more than 3.5GW / 7GWh of energy storage capacity awarded, contracted, or in deployment across six continents.
“Wärtsilä is proactively diversifying its partnerships across the value chain to capitalise on growing market demand and continue to efficiently fulfil commitments to its customers,” the statement added. “The company maintains a successful on-time delivery record across complex geographical locations amidst global supply constraints.”
Andrew Tang, vice president of energy storage & optimisation at Wärtsilä, said: “Our partnership with EVE Energy is one of several strategic measures Wärtsilä is taking to diversify and strengthen our supply chain in response to industry-wide disruptions over the last few years. We are constantly pursuing new opportunities to optimise our operations and ensure that we can continue to lead the transition towards a 100 per cent renewable energy future.”
Steven Chen, president of EVE, added: "This cooperation with Wärtsilä is a significant step in EVE's globalisation, and will further enhance our ability to serve overseas high-end customer markets. Previously, EVE's products have been recognised by several internationally renowned customers and have entered their supply chains. In the future, we will continue to enhance our global service capabilities and make significant contributions to the new energy industry of mankind.”