Microvast wins 1.2GWh battery storage supply contract for US solar co-located project

Microvast Holdings, Inc.

Microvast to supply ME-4300 BESS containers (4.3MWh each, >10,000 cycles) for a 1.2GWh utility-scale project co-located with solar in the US.
Shipments begin 2023; commercial operation expected 2024.
Battery cells from Clarksville, TN facility qualify as domestic content under IRA, enhancing project benefits.
Contract expected to utilize significant capacity at Microvast's Clarksville cell manufacturing plant.
Project positions Microvast as leader in utility-scale energy storage market.

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