CATL and Quinbrook Solidify Supernode Partnership
CATL and Quinbrook have deepened their collaboration on energy storage projects after achieving significant milestones.
Chinese battery giant CATL and Australian investment firm Quinbrook have formalized their partnership on the "Supernode" energy storage project.
The alliance has made significant progress by reaching two key milestones in phases 2 and 3 of the project. This reinforces the companies' commitment to developing large-scale battery storage systems.
The project aims to build and operate multiple large-scale battery storage facilities that will support the integration of renewable energy into the grid. CATL will supply the technology and batteries, while Quinbrook will be responsible for project financing and development.
The collaboration is expected to contribute significantly to enhancing the stability of renewable energy and facilitating the transition to a low-carbon energy system.