The newest version of ESVs delivers 150% more energy storage capacity than previous versions, increases energy density by 100%, improves nominal power performance by 150% and can now perform in a wider range of temperatures.
The next-generation ESVs can flexibly cycle up to three times per day, at 2- to 12-hour discharge rates, enabling unique applications and business models for developers, integrators and owners. Revenue stacking opportunities can also be maximized because of the solution’s applicability to so many clean energy use cases.
“Our new Energy Storage Vessels advance our solution’s energy capacity, density, and power performance, and continue to add to our battery’s advantages over lithium-ion systems,” Majid Keshavarz, CTO of EnerVenue. “As lithium supply chain problems and other factors continue to threaten its long-term viability in stationary storage, ESVs offer clear differentiation. Our metal-hydrogen solution uses Earth-abundant materials and, in contrast to lithium-ion systems, does not require augmentation to maintain performance over the battery’s 30-year, 30,000-cycle lifespan. Fire-prone lithium-ion systems also require robust HVAC and fire suppression systems that our next-generation ESVs do not, reducing customers’ cost and operational requirements.”
The next-generation ESVs are backed by EnerVenue’s Capacity Assurance, a 20-year/20,000-cycle warranty extension that guarantees at least 88% battery capacity remaining after that period.
Certifications and standards testing on the new ESVs is underway. The batteries will be produced at the company’s gigafactory in Shelby County, Kentucky, where the plant is being designed with manufacturing lines to support production at scale. Already backed by large-scale deals from Pine Gate Renewables, Nicon Industries’ Green Energy Renewable Solutions and others, volume manufacturing and the new design of EnerVenue’s next-generation ESVs are expected to significantly accelerate profitability for the company.
News item from EnerVenue