Gotion High Tech has continued its push into Japan’s battery storage market, forming a partnership with investor Daiwa and renewable energy engineering and O&M firm CO2OS.

Geothermal and battery storage firm Ormat Technologies and lithium-ion manufacturer Gotion have agreed a multi-year supply deal totalling up to 750MWh.

China-headquartered lithium-ion battery manufacturer Gotion High-Tech has announced a new US$2 billion gigafactory in Illinois, US, targeting the EV and energy storage system (ESS) markets.

Gotion High-Tech has continued recent moves into new markets across Asia, signing a deal with Japan’s Edison Power.

Gotion High-Tech aims to build gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.