Market update · Global
EVE Energy and Fluence Sign 206 GWh Battery Supply Framework for 2027-2031
Chinese battery manufacturer EVE Energy has entered a five-year framework agreement with US-based energy storage supplier Fluence for up to 206 GWh of battery deliveries from 2027 through 2031. The agreement includes 16 GWh of committed deliveries in 2027 and 190 GWh of reserved capacity for the subsequent four years. Specific terms will be finalized through future purchase orders, with potential impacts from market and policy changes noted.
SolTraCo market update · · 3 min readFramework Agreement Details
EVE Energy's subsidiary Hubei EVE Power signed a framework agreement with Fluence Energy Global Production Operation, LLC to supply up to 206 GWh of batteries between 2027 and 2031. The agreement commits to 16 GWh of deliveries in 2027 and reserves an additional 190 GWh for 2028 through 2031.
This arrangement follows prior cooperation between the two companies and sets the stage for large-scale battery supply to support energy storage needs.
Terms and Conditions
The framework agreement is subject to further specification, with product details, quantities, pricing, delivery schedules, and quality requirements to be determined through subsequent purchase orders.
EVE Energy has cautioned that changes in industry policy, market conditions, or unforeseen factors could influence the implementation of the agreement.
Sources
This update is an original SolTraCo synthesis of the linked industry sources. Reported facts and commercial interpretation are kept separate. It does not contain confidential deal information and is not investment, legal or technical advice.