Wednesday, April 10, 2024

EnerVenue unveils next-gen metal-hydrogen Energy Storage Vessels

US-based energy solution company EnerVenue has launched its next-generation Energy Storage Vessels (ESVs) with significant energy capacity, density, and power increase.

EnerVenue is the first company to introduce nickel-hydrogen batteries. The next-generation ESV is equipped with EnerVenue’s Capacity Assurance, the industry’s longest, simplest, and easiest extended warranty for stationary batteries.

These batteries are reported to have a 30-year, 30000-cycle lifespan and retain 86% capacity after 30000 full cycles, with the manufacturer offering a 20-year, 20000-cycle warranty that guarantees at least 88% battery capacity after that period.

ESVs can be easily stacked in racks, containers, or custom warehouses. Also, they pose zero thermal runaway risk and are not prone to fire propagation, eliminating the need for complex fire suppression or HVAC systems. Energy storage vessels significantly reduce operating expenses (OPEX) and feature much lower cost-per-cycle than lithium-ion batteries.

The new version of EnerVenue’s battery enhances the durability, operational flexibility, and cost-efficiency benefits of stationary storage projects.

The company says the next-generation ESVs deliver 150% more energy storage capacity than previous versions. With improved materials efficiency, the new ESVs increase energy density by 100% and show a 150% improvement in nominal power performance.

Each ESV is equipped with temperature, pressure, and voltage monitoring capabilities, providing more accurate data for better operation. In addition, the new ESVs are optimized for constant performance over a wide range of temperatures and can operate at temperatures between -40 C and 60 C.

These next-generation ESVs can flexibly cycle three times a day at discharge rates of 2 to 12 hours. Moreover, it enables unique applications and business models for developers, integrators, and owners while increasing revenue stacking opportunities across various clean energy use cases.

“As lithium supply chain problems and other factors continue to threaten its long-term viability in stationary storage, ESVs offer clear differentiation,” Majid Keshavarz, Chief Technology Officer, EnerVenue said in the press release.” 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 batteries will be produced at the company’s one-million-square-foot gigafactory in Shelby County, Kentucky, where the plant is being designed with manufacturing lines to support production at scale. While certifications and standards testing for the new generation ESVs are still underway.

EnerVenue’s next-generation ESVs are 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 accelerate profitability for the company significantly.