Pacific Green Technologies Inc. announced the signing of an agreement with Shanghai Electric Gotion New Energy Technology Co. Ltd. ("Shanghai Electric Gotion") to supply the battery energy storage system ("BESS") for its 99.98 MW battery energy park the Company is developing at Richborough Energy Park in Kent, England (the "Agreement"). The Agreement, which is part of the strategic manufacturing framework agreement signed by the parties last year, is a key milestone in the Company's development of its 1.1 GW BESS pipeline in the United Kingdom.

Production and delivery of the BESS will begin later this year, with a unique just-in-time approach used to minimize the duration between production and energization of the batteries.