- CATL and Zinfra will jointly deliver and operate large-scale battery energy storage system projects in Australia.
- The partnership aims to adopt an asset-light and low-risk business model, CATL said.
CATL, the world's largest battery maker, has reached a strategic partnership with Australian infrastructure service provider Zinfra, as the Chinese giant accelerates its localized footprint in the Australian energy storage market.
The two parties recently signed a memorandum of understanding to jointly deliver, operate and maintain large-scale battery energy storage system (BESS) projects in Australia, according to a statement on Thursday.
Zinfra is a leading energy and utility infrastructure provider in Australia, focusing on engineering, operations and maintenance in the power and gas sectors, with an annual project portfolio exceeding 1.2 billion Australian dollars ($860 million).
The collaboration aims to adopt an asset-light and low-risk business model, CATL said. The company will leverage Zinfra's local channels and engineering delivery capabilities to strengthen the operation, maintenance and services of its overseas energy storage projects.
The move marks a significant step for CATL in implementing its comprehensive "product plus service" capabilities in overseas markets. The company is seeking to empower Australia's energy transition through advanced energy storage technologies.
CATL currently holds absolute dominance in the energy storage sector. The company topped global energy storage battery shipments for the fifth consecutive year in 2025 with a 30.4% market share, according to South Korean market research firm SNE Research.
The Fujian-based company generated 62.4 billion yuan ($9.1 billion) in revenue from its energy storage business in 2025. Its cumulative large-scale energy storage projects deployed globally have reached about 2,300.
The Australian expansion comes as CATL actively deploys production capacity globally. The company just completed a massive fundraising event earlier on Thursday.
CATL completed its H-share placement in Hong Kong at HK$628.20 per share. The transaction raised about HK$39.2 billion ($5 billion) to support the further expansion of its global capacity.
Prior to this, CATL announced on Monday that it had secured the world's largest sodium-ion battery order. The company signed a three-year supply agreement totaling 60 GWh with Chinese energy storage system provider HyperStrong.
Strong overseas demand and technological breakthroughs are driving CATL's financial growth. The company's total operating revenue reached 423.7 billion yuan in 2025, with net income surging 42% to 72.2 billion yuan.
In the first quarter of this year, CATL's net income reached 20.74 billion yuan, representing a 48.52% year-on-year increase.
($1 = 6.8292 yuan, $1 = HKD 7.8328, $1 = AUD 1.3974)
