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Hithium & Perfect Power sign 1GWh US battery supply deal

November 13, 2023

Stationary battery manufacturer Hithium has entered into a cooperation agreement with energy storage project developer Perfect Power LLC, which operates primarily in Texas and California.

Under the terms of the deal, Hithium will supply 1GWh of battery products.

Focusing on Texas, which has the second most installed solar capacity of any US state, Perfect Power is “concentrating on sustainable, reliable and renewable clean power generation and energy storage,” a statement said.

Anthony Maselli, Perfect Power CEO, commented, “Battery performance and durability are crucial for us, with our focus on facilitating a more flexible grid and reliable clean energy for the neighborhoods and regions our projects serve. Having a supplier like Hithium gives both our investors and our end-consumers’ confidence that they can depend on our projects.”

Hithium chairman Jeff Wu added: “Cooperating with Perfect Power is an exciting step for us in the US, allowing us to support projects in two of the country’s largest energy markets, California and Texas. Through this collaborative endeavour, we aim to further the penetration and deployment of advanced energy storage products into the NetZero transition in the US.”

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