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Vitol Subsidiary, VC Renewables, Partners with FlexGen in a Landmark 2GWh Energy Storage Project

2024-09-24

In a groundbreaking move, FlexGen, a leader in energy storage solutions and software technologies, has secured a significant 2GWh Material Supply Agreement (MSA) with VC Renewables, the solar and storage development arm of Vitol. Vitol, known as the world's largest independent energy trader, boasts a robust pipeline exceeding 10GW for global energy storage. This strategic partnership represents a critical milestone in enhancing the efficiency and reliability of grid infrastructure through advanced energy storage initiatives.

Strengthening Grid Resiliency Through Strategic Partnerships

R. Andrew de Pass, Head of Renewable and Sustainable Investment at Vitol, hailed the collaboration as essential for strengthening grid resilience. He praised FlexGen as a top-tier service provider, renowned for its deep expertise in energy storage. "This partnership with FlexGen not only gives us the confidence to deliver powerful solutions that safeguard the grid from disruptions but also reflects our shared commitment to deploying cutting-edge technologies," de Pass commented. He also highlighted the importance of FlexGen’s extensive engineering support in ensuring seamless integration and long-term functionality of energy storage solutions in diverse grid scenarios.

FlexGen’s Role in Delivering Energy Storage Excellence

FlexGen CEO Kelcy Pegler commended the expertise that VC Renewables and Vitol bring to large-scale grid resilience projects. Pegler emphasized the critical role of precision and sophistication in optimizing system performance. "Their collaborative approach, combined with our HybridOS Software Platform and comprehensive services, ensures industry-leading performance as we move forward in building a more resilient energy future," Pegler said.

Advancing Sustainable Energy for Communities Worldwide

This partnership highlights the crucial need to leverage innovative technologies to address the evolving challenges of grid resiliency. Vitol, a key investor in FlexGen’s $100 million Series C round, further cements its commitment to transforming the energy landscape. Together, VC Renewables and FlexGen are pioneering energy storage solutions that will significantly bolster grid reliability, driving sustainable energy advancements that benefit communities worldwide.

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