CATL(SZ:300750) Zhi Tong Cai Jing·2025-12-11 02:41Core Viewpoint - Contemporary Amperex Technology Co., Limited (CATL) has signed a framework supply agreement with Vena Energy to provide a 4GWh EnerX battery energy storage system for its subsidiary in Indonesia, indicating a strategic move to enhance its presence in the renewable energy sector in Southeast Asia [1] Group 1: Company Developments - CATL's stock rose over 4%, currently trading at 513 HKD with a transaction volume of 603 million HKD [1] - The energy storage system utilizes 530Ah high-capacity cells, with each 20-foot standard container capable of holding up to 5.6MWh [1] - This supply is part of a larger integrated solar-storage project in Indonesia, which plans to build over 2GWp of photovoltaic power plants and associated storage [1] Group 2: Strategic Partnerships - The project aims to export clean electricity to Singapore via undersea cables, showcasing CATL's role in cross-border renewable energy initiatives [1] - Previously, CATL had reached a procurement agreement with Vanda RE, a related entity of Vena Group, for an initial 2.2GWh energy storage system [1] - Vena Energy's choice of CATL is influenced by the latter's brand recognition and the ongoing construction of a battery factory in Indonesia, which is expected to have an initial production capacity of 6.9GWh, expandable to over 15GWh [1] Group 3: Industry Implications - The partnership is expected to accelerate the development of energy storage solutions in the Southeast Asian region, leveraging CATL's manufacturing capabilities [1]