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Rolls-Royce Power Systems and CATL announce strategic cooperation for the TENER product line

Business

Rolls-Royce Power Systems and CATL announce strategic cooperation for the TENER product line
Business

Business

Rolls-Royce Power Systems and CATL announce strategic cooperation for the TENER product line

2024-06-20 00:37 Last Updated At:00:55

MUNICH, June 20, 2024 /PRNewswire/ -- Rolls-Royce Power Systems (RRPS) and CATL are excited to announce a strategic cooperation that will bring the TENER product line to the EU and UK markets. The groundbreaking product is designed with safety in mind and, improvement of service life, efficiency, and availability. Depending on the product line and the customer use case, up to 5 years of no degradation can be expected from the new TENER product. RRPS has started to offer TENER products as part of their mtu EnergyPack QG solution. Together, the two companies have built a close relationship on the integration of the TENER products into fully fledged EPC-turnkey projects with all-inclusive service maintenance.

Grid-scale energy storage systems enable the integration of variable renewable energy sources into the grid whilst enhancing grid stability and reliability. The fully integrated solution will allow the Customer to perform the latest available grid and trading services in the rapidly modernizing grids of the UK and EU. The solution will help to accelerate the energy transition and builds a more sustainable energy infrastructure.

Late last year, RRPS and CATL have signed a long-term supply agreement, which covers more than 10 GWh business cooperation. The deal strengthens the business corporation between both companies and helps to facilitate growth in the EU and UK markets. Both companies' dedication to technology, quality, safety, and on-time delivery leads to more investment security for the customer. The partnership extends into the innovation of intelligent products such as RRPS´s smart mtu EnergetIQ automation solution and its digital platform mtu Go! with CATL´s intelligent diagnostics platform and BMS. The partnerships strengthen the ability of both companies to deliver large-scale and complex projects. Both companies have successfully delivered various projects in the EU with the EnerOne product line and have multiple projects contracted in the EU for the EnerC+ product line.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Rolls-Royce Power Systems and CATL announce strategic cooperation for the TENER product line

Rolls-Royce Power Systems and CATL announce strategic cooperation for the TENER product line

SANTA CLARA, Calif., July 18, 2024 /PRNewswire/ -- The Frost & Sullivan Institute is excited to announce the winners of the 2024 Enlightened Growth Leadership Best Practices Recognition from the Americas (LATAM and North Americas). This prestigious accolade honors companies that have seamlessly integrated sustainable practices into their business models, setting new benchmarks for innovation and social responsibility. This year's awardees have demonstrated exceptional leadership in tackling challenges such as water conservation, promoting circular economy models, enhancing digital inclusion, and reducing GHG emissions. These exemplary organizations have successfully integrated business excellence with social and environmental responsibility, setting a benchmark for others to follow.

"The Enlightened Growth Leadership Awards celebrate companies that have transcended traditional business models to integrate sustainability at their core. These honorees exemplify how innovative thinking and responsible practices can drive both economic growth and social good. Their accomplishments set a powerful example, encouraging other organizations to strive for a balance between profitability and positive impact, ultimately leading to a more resilient and inclusive global economy," remarked Aroop Zutshi, Director of the Frost & Sullivan Institute.

The award selection process is a comprehensive and rigorous eight-step journey, blending expert evaluations, market research, and in-depth scrutiny of the nominees' innovative contributions. Based on metrics such as achieving growth excellence, pioneering 'innovating to zero' solutions aligned with global priorities, optimizing the customer value chain, and driving technological advancements, the awardees truly exemplify excellence in their fields.

The Frost & Sullivan Institute proudly congratulates all the winners of the 2024 Enlightened Growth Leadership Best Practices Recognition from the Americas. Their remarkable contributions will be celebrated at a prestigious awards ceremony hosted in collaboration with the Strategic Consortium of Intelligence People (SCIP) in Barcelona later this year. These companies serve as inspiring examples of how business success can be harmonized with the well-being of our planet and its people.

Recipients:
Enphase Energy
Entegris
Enviva Inc.
EOG Resources, Inc.
EPAM Systems, Inc.
Exact Sciences Corporation
Exelixis, Inc.
ExlService Holdings, Inc.
Fiserv, Inc.
Fortinet, Inc.
FOX Factory, Inc.
Generac Power Systems, Inc.
Graphic Packaging International, LLC
Humana
Coherent Corp.
Incyte
Insulet Corporation.
International Flavors & Fragrances Inc.
IPG
Intuit Inc.
Intuitive Surgical
L3Harris Technologies, Inc.
LAM RESEARCH CORPORATION
Lineage, Inc.
Maximus
McAfee, LLC
Merck & Co., Inc.
Meta
Microchip Technology Inc.
MKS Instruments
ModivCare
Mosaic
MSCI Inc.
Netflix, Inc.
Neurocrine Biosciences, Inc
Nielsen Consumer LLC.
Nutanix
Nutrien Ltd.
Open Text Corporation.
Oracle
Palo Alto Networks
Par Pacific Holdings, Inc.
Parexel International (MA) Corporation.
Pinterest

About Frost & Sullivan Institute
The Frost & Sullivan Institute (FSI) is a non-profit organization dedicated to utilizing business practices to address global priorities. The genesis of the institute goes back to the vision of either creating or becoming part of a solution that addresses threats to humanity. The Institute has identified strategic imperatives for transformation and believes that we can truly accelerate innovation to zero. To learn more about FSI, visit www.frostandsullivaninstitute.org

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Media Contact:
Bivechana Gautam
Email: Bivechana.gautam@frost.com

Related Links
www.frost.com
www.frostandsullivaninstitute.org

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Frost & Sullivan Institute Celebrates Leaders in Sustainability with 2024 Enlightened Growth Leadership Awards

Frost & Sullivan Institute Celebrates Leaders in Sustainability with 2024 Enlightened Growth Leadership Awards

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