Shenzen-based CLOU claims 485MWh vitality storage contract in LATAM
CLOU Electronics’ vitality storage system container. Picture: CLOU Electronics.
Listed firm Shenzhen CLOU Electronics says it has secured a contract with a “well-known American vitality firm” to produce an vitality storage system totalling 485MWh in South America.
It didn’t reveal the customer or exact location however mentioned that the venture consists of 168 units of its 20-feet vitality storage container answer. It will likely be a 1500V system compliant with UL 9540A.
It mentioned the American vitality firm has over 2,000 engineers working in energy technology, vitality storage methods and digital vitality options and provides options worldwide. CLOU turned a professional provider to the corporate in 2021.
The 2 have already partnered earlier than with agreements to produce a 3MWh system in December 2021 and a 69MWh one in January 2022, each within the US, the corporate added.
The corporate’s share worth on the Shenzen Inventory Alternate opened 10% greater on Monday, March 28, the primary day of buying and selling after the South America venture announcement on Saturday.
The announcement was made by its CLOU World section which calls itself a ‘Complete Power Providers Supplier’ and says its product portfolio consists of storage, electrical meters and their accompanying infrastructure together with testing gear, enclosures and information acquisition options.
CLOU additionally has a separate web site, CLOU Power Options, which says the corporate has provided utility-scale vitality storage options throughout the US, in addition to Costa Rica, Cabo Verde and Haifeng in China. It additionally particulars industrial & industrial web site deliveries in China and microgrid options offered throughout Asia and one in Rwanda.
South America has not had a substantial amount of utility-scale deployments of vitality storage to-date. This venture from CLOU represents by far one of many largest ever to have been introduced on the continent.
US-based vitality infrastructure group AES Company’s Chile arm AES Andes began constructing a 112MW/560MWh battery vitality storage system (BESS) in November 2020 and a 12 months later introduced plans to extend the nation’s storage capability to 300MW by 2023 in partnership with the federal government.
A lot of South America’s different massive information in storage has been in Chile too. Late final 12 months, Statkraft introduced it had received a young in Chile to develop wind farms with as much as 1GWh of BESS hooked up shortly earlier than international system integrator Wärtsilä received its first battery venture on the continent there.
The Chilean authorities can be set to launch an influence public sale later this contracting 5,250GWh/12 months for 15 years, which is able to contain storage paired with renewables.
