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CATL Signs MOU with Zinfra for BESS Projects in Australia

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CATL Signs MOU with Zinfra for BESS Projects in Australia

CATL Signs MOU with Zinfra for BESS Projects in Australia

Contemporary Amperex Technology Co., Limited (CATL) has entered into a memorandum of understanding with Australian infrastructure service provider Zinfra to jointly deliver, operate and maintain utility-scale battery energy storage systems throughout Australia. Under the agreement, CATL will supply its advanced energy storage technology, while Zinfra will draw on its local engineering, operations and maintenance expertise to support project execution and ongoing services.

Zinfra, which specializes in engineering and utility infrastructure across the power and gas sectors, oversees an annual project portfolio worth more than A$1.2 billion. The collaboration will follow an asset-light, low-risk business model, enabling CATL to broaden its energy storage footprint without directly owning all the assets. This approach is consistent with CATL's global strategy of offering integrated "product plus service" solutions and facilitating the energy transition in overseas markets.

According to SNE Research, CATL led global energy storage battery shipments for the fifth straight year in 2025, capturing a 30.4 percent market share. The company posted 62.4 billion yuan in energy storage revenue that year and has delivered roughly 2,300 large-scale storage projects worldwide. The partnership with Zinfra represents a step toward strengthening CATL's operational capabilities and local support networks for its international storage projects.

CATL has also recently reinforced its global production capacity through a substantial capital raise in Hong Kong, securing approximately HK$39.2 billion from a share placement. Earlier this month, the company unveiled a three-year, 60 GWh supply agreement for sodium-ion batteries with a Chinese energy storage system provider, the largest order of its kind to date.

On the financial side, CATL's total operating revenue for 2025 reached 423.7 billion yuan, while net income rose 42 percent to 72.2 billion yuan. In the first quarter of this year, net income totaled 20.74 billion yuan, marking a 48.5 percent increase from the prior year. These results highlight the strong overseas demand and technological advances that are driving CATL's growth in the energy storage sector.

Pub Time : 2026-05-06 11:47:25 >> News list
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