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on LION E-Mobility AG (ETR:CH013259)

LION Smart and LEAPENERGY Enhance Storage Guarantees

LION Smart Production GmbH, part of LION E-Mobility AG, and its partner LEAPENERGY have introduced a robust security model for their grid-scale battery energy storage systems. The companies provide a performance guarantee for the LION Smart Storage 5000 during a critical phase post-commissioning through dual independent guarantees. A bank guarantee from the Agricultural Bank of China further ensures LEAPENERGY's commitment, enforceable in Germany.

With processes derived from automotive standards, LEAPENERGY's manufacturing quality complements the initiative. The partners aim to address early operation phase risks, as 65% of BESS incidents occur shortly after commissioning. This guarantees customers protection when it's most needed. The new model targets project developers and utilities, ensuring secure payment flows for financing purposes.

R. H.

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