Pace Digitek’s material subsidiary -- Lineage Power has entered into a master supply agreement with Rongjie Energy Technology Co., Guangzhou (RJE Tech), a leading Chinese manufacturer of lithium-ion battery cells.
Under the agreement, RJE Tech will supply 3 GWh of Lithium Iron Phosphate (LFP) battery cells and related accessories to Lineage Power. The agreement represents a significant step in strengthening the company's battery cell sourcing framework and supports its expanding Battery Energy Storage System (BESS) manufacturing platform and execution capabilities across utility-scale and commercial & industrial (C&I) applications.
Pace Digitek is a telecom infrastructure solution provider with a significant focus on the telecom infrastructure industry including telecom towers and optical fibre cables.