EnerVenue inks master supply deal for 250 MWh of metal-hydrogen batteries

EnerVenue, a US company developing metal-hydrogen batteries, last week unveiled a master supply agreement to provide 250 MWh of its technology over the next three years to Green Energy Renewable Solutions.

The customer is a recently launched company based in Houston. The business is owned by Henrik Jensen and Jens Juul, who are owners of Nicon Industries A/S, a supplier of steel and aluminum constructions to the wind, offshore and maritime industry.

Under the muster supply agreement, Green Energy will get 50 MWh in 2023, followed by 100 MWh in 2024 and 100 MWh in 2025. It will package EnerVenue battery vessels into building blocks for deployment across maritime, large construction and other heavy industry projects of Nicon.

EnerVenue’s technology has zero fire propagation risk, which is important in offshore locations such as oil rigs, the company notes.

“By 2024, Nicon’s forklifts will be converted from fossil fuel to electric power and will be charged with Green Energy battery containers,” said Jens Juul. “Additionally, the power needed for our sea fastenings jobs on wind installation vessels will be supplied from our own battery containers charged overnight with renewable energy coming from the windfarms,” Juul added.

“Green Energy’s maritime and offshore renewable energy applications offer use cases where the safety, flexibility, and maintenance-free durability of our battery vessels deliver compelling business opportunities and competitive differentiators,” according to EnerVenue chief revenue officer Randy Selesky.

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