US developer Pine Gate in second multi-gigawatt non-lithium battery supply MOU in a week

Share on linkedin
LinkedIn
Share on twitter
Twitter
Share on reddit
Reddit
Share on facebook
Facebook
Share on email
Email

Pine Gate Renewables has signed a second long-term supply memorandum of understanding (MOU) targeting an alternative to lithium-ion this week, with nickel-hydrogen battery group EnerVenue.

Just two days after signing an MOU with Urban Electric Power to deploy up to 4.5GWh of its zinc-based batteries over a similar timeframe, Pine Gate has today (May 19) announced the deal with California-based EnerVenue.

Pine Gate said it will deploy up to 2.4GWh of EnerVenue’s nickel-hydrogen-based battery energy storage systems(BESS) at utility-scale sites across the US.

EnerVenue only launched in 2020 and has said it wants to ‘disrupt’ energy storage with a 2-12 hour duration system with “virtually unlimited number of cycles”, its CEO told Energy-Storage.news when it launched.

“EnerVenue batteries offer a differentiated value proposition – lower degradation across a wide
temperature band, and lower cost for maintenance and augmentation, whilst posing no fire or thermal
runaway risk. These batteries also have a stackable form factor and can last for more than 30-years
while being able to cycle multiple times a day,” said Raafe Khan, Director of Energy Storage at Pine
Gate Renewables.

Pine Gate has 1GW in operational assets and a 16GW pipeline across the US. Energy-Storage.news has asked the company whether it anticipates it will fully exercise both the MOUs – which total just shy of 7GWh – and for which use cases it plans to adopt each respective technology.

Both technologies have several use unique use cases. Zinc batteries are carving out a sweet spot in data centres, for example, as written in a recent guest blog on this site, while EnerVenue’s battery is ideal for remote microgrids in harsh climates because it can withstand more extreme temperatures than lithium-ion.

“Pine Gate Renewables excels at launching and operating renewable energy and energy storage
projects, and is an ideal partner for deploying EnerVenue’s innovative battery systems,” said Randy
Selesky, Chief Revenue Officer, EnerVenue.

EnerVenue raised US$100 million in a Series A funding round in September last year from investors including Schlumberger New Energy, Saudi Aramco Energy Ventures and Stanford University.

Read Next

June 15, 2022
The battery industry is at risk of falling into the trap of becoming too dependent on a single ingredient.
June 8, 2022
Pacific Green Technologies has appointed principal contractor and supplier for 99.98MW BESS project in Kent, England.
June 7, 2022
Nickel-hydrogen-based battery storage company EnerVenue has struck a supply MOU of up to 420MWh while liquid metal battery company Ambri is expanding its new facility in Massachusetts, US.
June 6, 2022
TCC has ordered additional 22MWh of battery storage from NHOA, the energy storage and electric mobility company it acquired from ENGIE.
June 1, 2022
Zinc-air battery company e-Zinc has entered into a pilot project collaboration with Toyota Tsusho Canada (TTCI) to trial its energy storage system at a wind farm in Texas.

Most Popular

Email Newsletter