Wärtsilä signs LFP cells contract with Eve Energy

Wärtsilä signs LFP cells contract with Eve Energy

Wärtsilä signs LFP cells contract with Eve Energy 1024 706 Energy Storage Journal

September 14, 2023: Wärtsilä has signed a multi-year supply agreement with China’s Eve Energy, the firms announced on September 12.

Eve will provide LFP battery cells for the Finnish tech company’s GridSolv Quantum energy storage systems.

Wärtsilä says it has more than 3.5GW and more than 7GWh of BESS capacity awarded, contracted, or in deployment across six continents.

Andrew Tang, VP of energy storage and optimization at Wärtsilä, said the move was part of the firm’s strategy to diversify and strengthen its supply chain in response to industry-wide disruptions over the last few years.

Energy Storage Journal reported in May that Eve was to build a lithium ion batteries plant in Malaysia, investing the equivalent of around $422 million in the plant, which will focus on production of cylindrical batteries for electric two-wheel vehicles and power tools.

In August, Wärtsilä and AGL Energy said they had completed construction of the 250MW/250MWh Torrens Island Gridsolv Quantum LFP BESS in South Australia.