BESS manufacturer Hithium debuts at EES, signs with Powin
Munich, 16. June 2023 – Battery energy storage manufacturer Hithium appeared for the first time as an exhibitor at The Smarter E’s EES trade fair alongside Intersolar in Munich this week. The company announced its entry into the European market last month with an office opening in Munich, just as it surpassed 9 GWh total battery capacity delivered since the company was founded in 2019.
Hithium presented lithium-ion battery products including its 4 MWh 300 Ah-cell based container, featuring less than 2% degradation in the first 1000 cycles at the cell level (reduced from the industry-typical 6%). A main goal in developing the new container was to improve capacity usage and thus the investment rate of return in the initial three years of use. The product also offers a lifespan over 10% longer than a typical 280 Ah-based system.
New agreement with Powin starts with 1.5 GWh
The company has also signed a new agreement with North American energy storage solutions provider Powin LLC (Powin) for the delivery of Hithium energy storage products. 1.5 GWh of battery capacity has been confirmed, with a further 3.5 GWh in upside potential.
Jason Eschenbrenner, Powin Global VP of Procurement, said, “Our customers expect us to deliver maximum safety and performance, and to do it cost-effectively. That’s what Hithium products achieve, and we look forward to taking this step together.”
Founded in 2019, HiTHIUM is a leading manufacturer of top-quality stationary energy storage products for utility-scale as well as commercial and industrial applications. With four distinct R&D centers and multiple “intelligent” production facilities, HiTHIUM’s innovations include groundbreaking safety improvements to its lithium-ion batteries as well as increases in lifecycle. With many decades of cumulative experience in the field among its founders and senior executives, HiTHIUM leverages its specialization in BESS to deliver partners and customers unique advances in energy storage. The company is based in Xiamen, China, with further locations for production, research, or sales in Shenzhen, Chongqing, Munich, and California. HiTHIUM has shipped 9 GWh of battery capacity, 5 GWh in 2022 alone, and is expanding its current 45 GWh of production capacity to 70 GWh by the end of 2023.