CellCube Pens Deal to Develop Thai Renewable Infrastructure

CellCube Energy Storage Systems (CSE:CUBE,OTCQB:CECBF,FWB:01X) has announced the signing of a sales partnership agreement with the Bettenergy Company for the development of a of micro-grid and solar plus storage applications in Thailand.

CellCube develops, manufactures, and markets energy storage systems using vanadium redox flow technology, and has completed over 130 installation project.

As quoted from the press release:

Bettenergy, with headquarters in Bangkok, Thailand, is a leading solution provider for renewable powered energy projects ranging from rural community microgrids to power distributed energy resource projects for the private sector. The company develops and markets projects throughout Thailand that help mitigate renewable intermittency from standalone photovoltaics deployment. Bettenergy provides solutions for overcoming power supply problems from public grids in rural and commercial and industrial segments.

“We are very proud and honoured to be authorized by CellCube as their sole sales partner in Thailand. CellCube is the leading supplier of vanadium redox flow energy storage systems with the most proven and advanced technology with over 130 installations globally. We are confident, that with support from CellCube, we will rapidly grow our business and be a trusted solution of choice for the Thailand energy Industry,” said Supaporn Saengtrakulcharoen, director of Bettenergy.

“We are delighted to start working hand-in-hand with Bettenergy in their development of sustainable renewable energy projects,” states Stefan Schauss, President of CellCube. “CellCube energy storage flow technology provides the dominant solution for long-duration storage allowing 4 to 16 hours of stored energy and will substantially help to build additional resiliency in local power grids. CellCube’s products match the long-lasting product life time of renewable generation assets and can provide up to a 30 year supply of stored energy without any degradation in storage capacity.”

Click here to read the full press release