On June 16, Sunshine Power signed a framework agreement with Nuveen Infrastructure, a global infrastructure investment management company. 1.32 GWh of energy storage systems will be deployed in renewable energy projects developed by Nuveen's portfolio companies, including Verdian.
According to the agreement, Sunshine Power will supply 302 PowerTitan 2.0 energy storage systems and 77 integrated medium-voltage stations.
In addition to hardware supplies, the contract includes a comprehensive long-term service agreement that includes a 98% system availability guarantee, extended warranty periods for key components, annual preventive maintenance, and round-the-clock operational support.
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