In a significant move toward advancing clean energy initiatives, CL Energy Storage Corporation (CLOU) has inked a substantial purchase order agreement with Stella Energy Solutions LLC (Stella), a prominent independent power producer specializing in battery storage energy solutions within the American market.
Under the terms of the agreement, CLOU is set to supply approximately 480 megawatt-hours (MWh) of containerized battery energy storage systems and 200 megawatts (MW) of Power Conversion System (PCS) Skid to Stella. This collaboration is geared towards bolstering Stella’s rapidly expanding portfolio of clean energy projects.
Headquartered in The Woodlands, Texas, Stella is a trailblazer in the utility-scale clean energy sector, leading the charge in developing and constructing energy storage and solar infrastructure projects that are reshaping the American electric power generation landscape. With a commendable track record, Stella has successfully brought online over 2GW/4.4GWh of utility-scale battery storage projects, setting new standards for resilience and innovation in the industry. Their dedication to propelling the transition towards cleaner and more efficient energy sources has firmly established them as industry leaders.
Zhou Han, General Manager of CLOU Energy Storage Product Company, emphasized that Stella’s commitment to advancing renewable energy aligns with CLOU’s mission. This collaboration marks a pivotal moment for CLOU in the American market, contributing to the deployment of cutting-edge energy storage products and supporting the local market’s shift towards cleaner energy.
Gabe Costello, Senior Vice President of Project Execution at Stella, expressed confidence in the partnership, noting that CLOU, as an energy technology company under the Fortune 500 Midea Group, brings not only extensive experience in the power industry but also robust research and development capabilities and a professional after-sales team. The ongoing collaboration aims to ensure the seamless operation and realization of full value for the energy storage projects.
CLOU, having forged strategic cooperation agreements with leading industry players, including Stella, is actively promoting the growth of energy storage businesses in the Americas and beyond. With a mission to enhance energy services and contribute to a cleaner world, CLOU remains committed to customer-centricity, offering leading energy storage products and services to facilitate the realization of value across various energy storage scenarios. This commitment underscores CLOU’s role in supporting the clean energy transition both in North America and on a global scale.
