Durham, North Carolina based Flexgen, a provider of energy storage solutions and software technology, and VC Renewables, Vitol’s solar and storage development platform, have completed a landmark 2 GWh materials supply agreement (MSA). VC Renewables is backed by Vitol, believed to be the world’s largest independent energy trader with a global energy storage pipeline of more than 10 GW.
“In today’s dynamic energy landscape, ensuring grid resiliency is paramount. 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,” said R. Andrew de Pass, head of Renewable and Sustainable Investment at Vitol Inc.
The collaboration is said to underscore the critical importance of employing cutting-edge technologies to address the evolving challenges of grid resiliency. FlexGen and VC Renewables hoping to revolutionise the energy landscape by employing their combined expertise to deploy innovative energy storage solutions that enhance grid resiliency and reliability.
