CATL(SZ:300750) 智通财经网·2025-12-11 02:39Core Viewpoint - CATL (Contemporary Amperex Technology Co., Limited) has signed a framework supply agreement with Vena Energy to provide a 4GWh EnerX battery energy storage system solution for its subsidiary in Indonesia, indicating a strategic move to enhance its presence in the renewable energy sector in Southeast Asia [1][2]. 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]. Group 2: Project Details - The supply agreement is part of a larger project in the Riau Islands, Indonesia, which aims to construct over 2GWp of photovoltaic power plants along with supporting storage systems, ultimately exporting clean electricity to Singapore via undersea cables [1]. - In July 2025, CATL had previously reached a procurement agreement with Vanda RE for the initial 2.2GWh energy storage system for the same project [1]. Group 3: Strategic Advantages - Vena Energy, a subsidiary of the Vena Group based in Singapore, chose CATL not only for its brand recognition but also due to CATL's ongoing battery factory construction in Indonesia, which is expected to have an initial production capacity of 6.9GWh and can be expanded to over 15GWh [2]. - The establishment of CATL's manufacturing capabilities in Southeast Asia is anticipated to accelerate the development of energy storage solutions in the region [2].