On June 28, Guangzhou Youngy Energy Technology Co., Ltd. formally signed a 3 GWh cooperation agreement with Lineage Power Systems Pvt Ltd (Lineage Power), an Indian energy storage system integrator.
Under the agreement, Youngy Energy will supply a total of 3 GWh of 314 Ah lithium iron phosphate (LFP) cells and related accessories to Lineage Power for its utility-scale and commercial & industrial (C&I) energy storage projects, covering both the Indian and international markets. The agreement encompasses pricing, quality specifications, warranty terms, and delivery schedules, and also includes provisions for joint quality assurance, technical collaboration on system integration, and supply chain transparency clauses, thereby providing long-term supply chain security for Lineage Power's energy storage projects.
Edited by Cassie Li, lixiangying@mysteel.com
