Singapore firm Durapower in MOU to manufacture containerised ESS systems in Europe

Singapore-based energy storage solutions (ESS) provider Durapower on Tuesday (21 September) said it has signed a Memorandum of Understanding (MOU) with Pozbud and Elmodis to focus on the manufacturing and delivery of containerised ESS systems.

European power grid utilities, photovoltaics and windfarms will be able to explore sourcing their Energy Storage Systems (ESS) from Europe, following Pozbud and Elmodis’ new partnership with Durapower, a Singapore enterprise that specialises in the manufacturing of lightweight, scalable and safe Lithium-Ion Batteries for containerised ESS solutions.

As part of the new strategic partnership, the agreement will give European energy companies direct access to an alternative source for ESS, providing a seamless, hassle-free sourcing experience and enhanced client support experiences including tax-reliefs and after-sales care.

This latest cooperation allows strategic partners Pozbud and Elmodis the opportunity to create affordable ‘Made In Europe’ containerised ESS products under the Durapower brand.

In addition to providing the essential technology to support the creation of ESS for industrial applications in the European region, the joint venture will also see the establishment of a new manufacturing plant in Poland. 

The plant is expected to kick-off operations in phases, working towards an annual production capacity of up to 2 GWh when fully operational.

“This partnership cements our commitment to giving energy companies in the European Union an alternative to renewable energy sourcing, while providing localised supply chain of lithium-ion batteries and high quality after-sales experience while driving towards a goal of net zero carbon footprint, which is the goal of Durapower, Pozbud and Elmodis,” says Durapower CEO Kelvin Lim.

Photo credit: Durapower
Published: 23 September, 2021