Vanda RE signs framework supply agreement with leading battery maker CATL

Vanda RE signs framework supply agreement with leading battery maker CATL
(From left) Enda Ginting, Country Manager, Gurīn Energy; Zhu Wei, Executive President of APAC, CATL; and Joseph Wong, Head, Renewable Energy Projects, Gentari

Jakarta, Thursday, 17 July 2025 — Vanda RE Pte Ltd, a joint venture company co-owned by Gurīn Energy Pte Ltd and Gentari through Gentari International Renewables Pte Ltd, today announced the signing of a major framework supply agreement with Contemporary Amperex Technology Co., Limited (CATL), a leading supplier of battery technology and battery management systems.

The agreement will see Vanda RE procure up to 2.2 gigawatt hours (GWh) of CATL’s EnerX battery energy storage system (BESS) for the Vanda Solar & Battery Project, a utility-scale solar-plus storage development to be located in the Riau Islands, Indonesia.

CATL’s BESS will enable the project - underpinned by 2 gigawatt peak (GWp) of installed solar PV capacity and 4.4 GWh of battery storage - to meet Indonesia’s local content requirement (TKDN). The batteries will be manufactured in CATL’s factory in the Karawang regency in Indonesia’s West Java province. The factory, which broke ground at the end of June, has a total battery capacity of 15GW.

The project is part of broader efforts by Singapore and Indonesia to develop a green economic corridor between the two neighbouring countries, starting with cooperation on green energy development. Projects like Vanda RE’s will incentivise top-tier clean tech companies like CATL to invest in setting up local manufacturing facilities, boosting the development of Indonesia’s clean technology supply chains and industries.

This generates a positive knock-on effect for the Indonesian economy by lowering the cost of domestic renewable energy development and boosting the attractiveness of Indonesia as a destination for sectors dependent on green energy.

Enda  Ginting,  Country  Manager,  Indonesia  of  Gurīn  Energy,  said:  “Today’s announcement is another critical milestone in the development of the landmark

Vanda Solar & Battery Project. Vanda RE is committed to developing the project to the highest technical and operating standards, which is why we are delighted to have secured CATL’s best-in-class batteries.”

Today’s announcement is another demonstration of the steady progress being made in the project’s development. Earlier this year, Vanda RE signed a 1GW framework supply agreement for solar panels and selected the Owner’s Engineer for the project.

Ginting said: “Our progress reflects the strong confidence that partners and stakeholders have in the project as well as the vision of a green economic corridor between Indonesia and Singapore. The Vanda project is a stepping stone to bringing that vision to life, and we are happy to do our part.”

About Vanda RE

Vanda RE is a joint venture company co-owned by Gurīn Energy and Gentari to develop renewable energy projects in Asia. Vanda RE is committed to meeting the highest social, environmental and governance criteria wherever it operates. The company is developing a utility-scale solar power plant and battery energy storage system in the Riau Islands as part of the Indonesian and Singapore governments’ plan to establish a green electricity trading corridor between the two countries.

About Gentari

Gentari is focused on delivering the solutions required to put clean energy into action today, to transform how we live tomorrow. Gentari’s three initial core pillars of Renewable Energy, Hydrogen and Green Mobility form a comprehensive portfolio of solutions to help customers in their decarbonisation journey. Its mission is to be the leading Commercial and Industrial (C&I) and utility-scale renewable energy developer, a scale hydrogen producer and go-to industry partner, and Asia Pacific’s leading green mobility solutions partner. In the long term, Gentari aims to be the most valued clean energy solutions partner, creating greater impact, connecting businesses, and making the journey to a net-zero future possible.

About Gurīn Energy

Gurīn Energy Pte Ltd is a Singapore-headquartered renewable energy developer. Its team of approximately 100 people across North Asia and South-East Asia is focused on the development, ownership and operation of solar, wind and BESS assets. Gurīn Energy currently has approximately 8GW of solar, wind and storage projects in various stages of development in Indonesia, Singapore, Malaysia, Thailand, the Philippines, South Korea and Japan.

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