{"id":456227,"date":"2021-03-11T13:41:08","date_gmt":"2021-03-11T18:41:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456227"},"modified":"2021-03-11T13:41:08","modified_gmt":"2021-03-11T18:41:08","slug":"electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/","title":{"rendered":"Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems"},"content":{"rendered":"<h2>\nLargest-Ever Private Label Partnership with International Manufacturer of Generator Power Systems Reinforces Electriq Power\u2019s Industry-Leading Solutions<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">SAN LEANDRO, Calif., March  11, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UC_eO53alRVJCG9ogigfamlwbWSNqFTjcI--ixhpW6O_G2svxZytK1rfQ5Xc73e_Xe3YraisXR1KHrktut96Zqtd9Kvpc5pTKW3vmb9Xe48=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Electriq Power<\/u><u> (\u201cElectriq\u201d)<\/u><\/a>, a developer of intelligent and integrated home energy storage, management, and monitoring solutions, announces that it has executed a three-year private label agreement valued at up to $200 million for its PowerPod home energy storage systems, with a multi-billion-dollar U.S.-based company. The customer is a diversified global manufacturer of power generation systems and equipment that employs personnel and owns assets in most industrialized parts of the world.<\/p>\n<p>Under the agreement, Electriq Power will supply home energy storage solutions based on its industry-leading PowerPod platform, for distribution and sales through its customer\u2019s extensive network in North America and the Caribbean, beginning in the second quarter 2021. The contract also calls for Electriq to provide system integration, product packaging, testing and certifications, communications, firmware, software portals, a Network Operations Center (NOC), and associated user apps.<\/p>\n<p>Electriq Power\u2019s PowerPod includes a cobalt-free Lithium-Iron-Phosphate (LFP) battery, hybrid battery\/solar inverter, home energy management system, and an energy consumption meter. The system offers backup power as well as a smart home energy software app to manage electricity use and optimize efficiency.<\/p>\n<p>\u201cThis agreement underscores our value as a company and is a vote of confidence for our technology,\u201d said Frank Magnotti, CEO of Electriq Power. \u201cWe continue to innovate and develop new systems, with the intent to not simply stay at the forefront of the global transition to clean energy, but to supply the best possible solutions of the highest caliber.\u201d<\/p>\n<p>This is Electriq Power\u2019s second private label deal since signing a white label production agreement in 2019 with one of the world\u2019s largest providers of solar products. The company has been expanding its operations to meet the industry\u2019s growing demand for energy storage solutions, signing definitive agreements in 2020 with Emergent Microgrid, a provider of turnkey microgrids, and Lilypad Energy, a provider of data analytics solutions. In October, the PowerPod became the first fully integrated OpenADR 2.0b-compliant battery storage system on the market, enabling Electriq Power to seamlessly partner with energy aggregators and participate in today\u2019s dynamic energy marketplace.<\/p>\n<p>\n        <strong>About Electriq Power<\/strong><br \/>\n        <br \/>Electriq Power is an energy storage company developing hardware and software solutions for the clean energy transition. Based in California, Electriq designs, engineers, and assembles fully integrated energy management and storage solutions for homes and small businesses, with systems deployed across North America. Electriq Power is dedicated to moving the world to a cleaner and more sustainable energy future. For more information visit<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=iRoqr-GZAeAVMH4rbH7D5Q3iTXuH2uQPelTQ52z7YpIwj1tLOcDuhZz1I0WgRL2-uRqEEUWbGAbVjPv2dePfmhJodLNzkdF_HvEeRVjIRDI=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.electriqpower.com<\/u><\/a> or contact info@electriqpower.com<\/p>\n<p>\n        <strong>Press Contact:<\/strong><br \/>\n        <br \/>Eugene Hunt<br \/>Trevi Communications for Electriq Power<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5DbRxNf4oX_Jh8Rs3r2J0YXdN-6Y6ROO-sFLBfCn_VFhOxUNuHJxJyOQDNYKTq84aJRJ2uTeuVUX5C4R2yrpFucN6hVwkZokfdfCOD45Rso=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>gene@trevicomm.com<\/u><\/a><br \/>+1-978-750-0333<\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=232732Bvq70J932_UGnowOXlovAOQbK47MgRMqx4Rpxsd8kxhMLV936RHei_F5tyLhUukMzwUaFJwt3qTA-tJptZ5YUkBZ3ceqmeDclLYSrhWK6fDX4QGfyFFReC0SxW5frSxGSVnAJO93bTYVxDJWN2quLiYRnWo154-wCx5039BWRH9v0g_ewDf1Ju5oXQfNEagmGzf4egg5QutjqPZhgVshK5g3Bpo_77xoC5LMzqjwybOoQ_PBI7Mk8lZWnP9uPOvTOJwhEB3TBzRR71DQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/270d8f3a-5ac8-407a-99a7-e1ef996bd1c6<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODcwOCM0MDYwMzY3IzUwMDA2ODMyNg==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/60fe4808-19ee-4027-8610-42c910bd5f48\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Largest-Ever Private Label Partnership with International Manufacturer of Generator Power Systems Reinforces Electriq Power\u2019s Industry-Leading Solutions SAN LEANDRO, Calif., March 11, 2021 (GLOBE NEWSWIRE) &#8212; Electriq Power (\u201cElectriq\u201d), a developer of intelligent and integrated home energy storage, management, and monitoring solutions, announces that it has executed a three-year private label agreement valued at up to $200 million for its PowerPod home energy storage systems, with a multi-billion-dollar U.S.-based company. The customer is a diversified global manufacturer of power generation systems and equipment that employs personnel and owns assets in most industrialized parts of the world. Under the agreement, Electriq Power will supply home energy storage solutions based on its industry-leading PowerPod platform, for distribution and sales through its customer\u2019s extensive &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456227","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Largest-Ever Private Label Partnership with International Manufacturer of Generator Power Systems Reinforces Electriq Power\u2019s Industry-Leading Solutions SAN LEANDRO, Calif., March 11, 2021 (GLOBE NEWSWIRE) &#8212; Electriq Power (\u201cElectriq\u201d), a developer of intelligent and integrated home energy storage, management, and monitoring solutions, announces that it has executed a three-year private label agreement valued at up to $200 million for its PowerPod home energy storage systems, with a multi-billion-dollar U.S.-based company. The customer is a diversified global manufacturer of power generation systems and equipment that employs personnel and owns assets in most industrialized parts of the world. Under the agreement, Electriq Power will supply home energy storage solutions based on its industry-leading PowerPod platform, for distribution and sales through its customer\u2019s extensive &hellip; Continue reading &quot;Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-11T18:41:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODcwOCM0MDYwMzY3IzUwMDA2ODMyNg==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems\",\"datePublished\":\"2021-03-11T18:41:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\\\/\"},\"wordCount\":498,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4ODcwOCM0MDYwMzY3IzUwMDA2ODMyNg==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\\\/\",\"name\":\"Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems - 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The customer is a diversified global manufacturer of power generation systems and equipment that employs personnel and owns assets in most industrialized parts of the world. Under the agreement, Electriq Power will supply home energy storage solutions based on its industry-leading PowerPod platform, for distribution and sales through its customer\u2019s extensive &hellip; Continue reading \"Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-11T18:41:08+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODcwOCM0MDYwMzY3IzUwMDA2ODMyNg==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems","datePublished":"2021-03-11T18:41:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/"},"wordCount":498,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4ODcwOCM0MDYwMzY3IzUwMDA2ODMyNg==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/electriq-power-signs-high-volume-commercial-supply-agreement-with-multi-billion-dollar-global-manufacturer-to-deliver-companys-powerpod-energy-storage-systems\/","name":"Electriq Power Signs High-Volume Commercial Supply Agreement with Multi-Billion-Dollar Global Manufacturer to Deliver Company\u2019s PowerPod Energy Storage Systems - 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