HiTHIUM and Brawn Capital have signed a strategic cooperation agreement aiming to achieve 3 GWh of long duration energy storage capacity by 2030 in the Asia-Pacific region. This cooperation covers multiple Energy Storage System (ESS) solutions with different durations, such as 6.25 MWh and 5 MWh systems. Currently, approximately 20 ultra-high voltage (UHV) projects have entered the preparation phase, and 300 MWh of energy storage products are scheduled for delivery by 2027.
HiTHIUM entered a similar 2 GWh long-duration agreement recently reached with KNESS Group for the Ukranian market. The Brawn Capital deal also follows Hithium’s investment of around EUR400m (USD458m) in a Spanish battery factory.