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CATL& Gresham House Will Strive To Expand the scale of cooperation to 10GWh

CATL is a global leader of new energy innovative technologies, committed to providing premier solutions and services for new energy applications worldwide.

 

Gresham House is a specialist alternative asset management group, dedicated to sustainable investments across a range of strategies, with expertise in forestry, housing, sustainable infrastructure, renewable energy and battery storage, public and private equity.

 

Recently, CATL and British new energy investor Gresham House Energy Storage Fund reached a long-term supply agreement of nearly 7.5GWh. The two parties will strive to expand the scale of cooperation to 10GWh according to market demand, and jointly promote the application of utility-scale energy storage.

 

This strategic cooperation is CATL's first direct cooperation with an asset management company operating an energy storage project, creating a new model of industry cooperation. As leaders in their respective fields, the two parties have established a mutually beneficial and win-win long-term strategic partnership, which will further accelerate the large-scale application of battery energy storage, a key technology, help the global energy transition, and contribute green power to the realization of the global carbon neutral goal.

 

Gresham House is a professional alternative asset management group dedicated to multi-industry real investment with ESG as the core. Its subsidiary, Gresham House Energy Storage Fund, focuses on the transition to renewable energy and is the UK's largest fund investing in utility-scale battery energy storage systems.

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