The company entered a binding master supply agreement with CAPAC Energy, establishing the firm as the exclusive distributor for Germany, Austria, and Switzerland. This deal secures an initial 750 megawatt-hours of storage capacity. The contract includes a clear roadmap to scale operations to 2 gigawatt-hours by 2031, providing the company with a long-term foothold in the European energy market.
Management indicated that initial projects resulting from previous orders have moved into the construction phase. These installations are slated to begin commercial operations by late 2026, serving as a critical test for the firm's international scaling strategy.
Comments (0)
No comments yet. Be the first!