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CALT Touts First Residential Energy Storage System (Ind. Report)
Contemporary Amperex Technology
Date: 2019-09-25
Chinese global battery manufacturer Contemporary Amperex Technology (CATL) reports it will introduce two residential energy storage products with 100Ah battery cells -- its first residential energy storage solution for the U.S. market -- at Solar Power International 2019 (SPI).

The company cites the projected rapid expansion of the energy storage market as a chief reason for the expansion (Source: CATL, PV Mag, 24 Sept., 2019) Contact: Contemporary Amperex Technology, +86 0 593 258 3668, (248) 289-6200 – Detroit Office, www.catlbattery.com

More Low-Carbon Energy News Contemporary Amperex Technology,  Battery,  Energy Storage,  Solar,  


Chinese Battery Maker CATL's $2Bn IPO Approved (Int'l)
Contemporary Amperex Technology
Date: 2018-04-09
Xinhua is reporting China's Securities Regulatory Commission (CSRC) has given the nod to battery giant Contemporary Amperex Technology Co Ltd's (CATL) 13.1 billion yuan ($1.97 billion) IPO.

Funds from the IPO will be used for expansion and general corporate purposes, according to the company's website.

Ningde-based CATL is a supplier to domestic carmakers like SAIC Motor Corp Ltd and Geely Automobile Holdings Ltd and has agreements with international automakers like BMW and Volkswagen. (Source: CATL, DealStreetAsia, Xinhua, 5 April, 2018) Contact: Contemporary Amperex Technology, www.catlbattery.com/en

More Low-Carbon Energy News Battery,  Energy STorage,  

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