TerraFlow Energy, LLC, a leader in long-duration organic flow battery technology, has entered into an exclusive ten-year partnership with Reconn Construction Services, LLC, a prominent construction services provider in the energy sector. Under this agreement, Reconn will serve as the sole general contractor for TerraFlow’s standalone flow battery projects.
The collaboration emphasizes both companies’ dedication to enhancing sustainable energy infrastructure. Reconn will be responsible for the construction of TerraFlow’s projects that utilize its advanced long-duration Battery Energy Storage Systems (BESS) technology, which is essential for grid-scale energy storage solutions. The partnership is built on a foundation of transparency, featuring open-book pricing and cost-plus margins, ensuring efficient and high-quality project execution.
Jon Parrella, CEO of TerraFlow Energy, highlighted the significance of the partnership, stating, “Collaborating with Reconn Construction Services is a significant milestone for TerraFlow Energy. This partnership allows us to leverage Reconn’s extensive experience and trusted reputation in the construction industry to accelerate the deployment of our innovative energy storage solutions.”
- Exclusive Rights: Reconn is designated as the exclusive provider of general contractor services for TerraFlow’s standalone flow battery projects throughout the ten-year term.
- Project Scope: The partnership covers projects that implement TerraFlow’s organic flow battery technology, with TerraFlow acting as the project owner and sponsor.
- Commitment to Transparency: Reconn will adhere to open-book pricing and cost-plus margins, ensuring fair and efficient management of project costs.
Reconn’s expertise in managing complex construction projects, combined with TerraFlow’s cutting-edge energy storage technology, is expected to drive significant advancements in the renewable energy sector. This partnership aims to facilitate the widespread adoption of sustainable energy solutions, contributing to the stability and reliability of energy grids.
The strategic alliance between TerraFlow Energy and Reconn Construction Services positions both companies to play a pivotal role in the future of energy storage and e-mobility. By working together, they aim to meet the growing demand for sustainable energy solutions and support the transition to a more resilient and environmentally friendly energy infrastructure.
Source: TerraFlow Energy
