CORNEX Secures 1.5 GWh Battery Cell Supply Agreement in Brazil

CORNEX signed multiple agreements in Brazil guaranteeing the supply of 1.5 GWh of battery cells, marking a significant milestone for energy storage expansion in Latin America’s largest market. The agreements were formalized during The smarter E South America, a major renewable energy trade event, according to industry sources. The supply commitment provides CORNEX with secured battery cell inventory to support energy storage projects across commercial, industrial and utility-scale applications as Brazil accelerates its energy transition strategy.

The battery cell supply agreements come as Brazil positions itself to become a regional hub for energy storage manufacturing and deployment. The 1.5 GWh capacity represents substantial procurement volume in a market where utility-scale battery projects have historically faced supply chain constraints and import dependency. By securing cell supply through multi-party agreements, CORNEX establishes a foundation for project pipeline execution through at least 2027-2028, based on typical delivery schedules for such volumes.

Brazil’s energy storage market has gained momentum following regulatory changes that enable battery systems to participate in ancillary services markets and capacity auctions. The National Electric Energy Agency recently opened public consultation for the country’s first transmission auction that includes battery storage requirements, signaling institutional commitment to grid-scale storage deployment. This regulatory environment creates demand visibility for companies with secured supply chains like CORNEX.

The battery cell agreements align with broader infrastructure investment patterns across energy-intensive sectors. Global supply chains for critical components have become increasingly strategic, with companies seeking long-term procurement commitments to insulate projects from price volatility and availability constraints. CORNEX’s 1.5 GWh supply lock represents approximately 30 percent of Brazil’s total installed battery storage capacity as of early 2026, indicating the scale of planned deployment.

The agreements position CORNEX to serve multiple market segments as Brazil’s distributed generation capacity exceeds 40 GW and creates demand for behind-the-meter storage solutions. Commercial and industrial customers increasingly require storage systems to optimize solar generation and manage demand charges. The secured cell supply enables CORNEX to bid competitively on projects without exposure to spot market pricing fluctuations that have affected battery project economics in other Latin American markets.