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Verkor signs Nidec for stationary storage systems

Verkor signs Nidec for stationary storage systems

Business news |
By Nick Flaherty

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European battery startup Verkor has signed a strategic partnership with Nidec for stationary battery energy storage systems (BESS).

The non-binding partnership will see Verkor produce 10 GWh in battery cells and modules by 2030 for Nidec.

As part of the deal Verkor will develop, manufacture and supply battery cells and modules. Nidec will further develop the battery management systems, integrate these modules into packs, racks and containers, and distribute them to specialised stationary energy storage players.

The collaboration has already started with qualification and testing of the cells. Verkor will ramp up production and delivery of cells and modules from 450 MWh in the first year, to a yearly supply of 3 GWh from its Dunkirk gigafactory, adding up to an accumulated supply of 10 GWh by 2030.

The cells will be integrated in Roche la Molière and used in systems supplied by Nidec throughout Europe. Nidec has System Integration capabilities in Germany (Salzbergen), Italy (Milan, Montebello and Genoa) as well as operations in Holland, Spain and the UK.

“We are pleased to kick off this collaboration that unite two key players in the energy ecosystem to provide new, highly innovative and sustainable solutions to BESS clients,” said Benoit Lemaignan Co-Founder and CEO of Verkor. “The partnership strengthens our presence in energy storage, and demonstrates the diversity of our battery technology applications at a time when demand for sustainable stationary energy storage solutions is outgrowing supply. It is also an important step forward in response to the ambition to accelerate the energy transition.”

Dominique Llonch, CEO of Nidec Industrial Solutions said “Partnering with Verkor will strengthen Nidec’s strategic position in the battery energy storage systems market, being able to efficiently support customers through a wider choice of customized solutions for different use cases and needs due to the variety of batteries introduced. By surrounding ourselves with partners who excel in specific expertise, Nidec aims to achieve increasing levels of technological competitiveness in the years to come differentiating ourselves as a global leader for BESS. Our goal is to become the number one battery energy storage provider globally. Our expertise in Power Management and Power Conversion combined with state-of-the-art battery solutions will be key to our success.”

www.verkor.com; www.nidec.com

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