• Slice of Energy
  • Posts
  • FlexGen and VC Renewables Finalize Landmark 2GWh Material Supply Agreement

FlexGen and VC Renewables Finalize Landmark 2GWh Material Supply Agreement

Author

Slice of Energy Team
September 03, 2024

Key Highlights:

  • FlexGen and VC Renewables sign a 2GWh Material Supply Agreement.

  • Partnership aims to enhance grid resiliency and reliability.

  • Vitol backs VC Renewables with a 10GW global energy storage pipeline.

Source (PR Newswire)

Notable Quotes:

❝

"By partnering with FlexGen, a bankable service provider known for its expertise in energy storage, we are confident in our ability to deliver robust solutions that fortify grid infrastructure against disruptions."

R. Andrew de Pass, Head of Renewable and Sustainable Investment at Vitol, Inc
❝

"Their collaborative approach, coupled with FlexGen's HybridOS Software Platform and lifecycle services, will ensure industry-leading performance for the life of the system, advancing the energy transition through grid resiliency."

Kelcy Pegler, CEO at FlexGen

Our Take:

This landmark agreement between FlexGen and VC Renewables, underpinned by Vitol's extensive energy trading experience, is a testament to the growing importance of energy storage in ensuring grid resiliency. As the global energy landscape continues to evolve, such collaborations are crucial in addressing the challenges of integrating renewable energy into existing grid infrastructures. The partnership not only highlights the innovative technologies at the forefront of this transition but also reinforces the industry's commitment to sustainable energy solutions that offer long-term benefits to both the grid and the communities it serves.