EnerVenue Launches Energy Storage Vessels (ESVs), the Second-Generation of its Metal-Hydrogen Energy Storage Solution
FREMONT, Calif., Dec. 06, 2022 (GLOBE NEWSWIRE) — EnerVenue, the first company to bring metal-hydrogen batteries capable of more than 30,000 cycles to the clean energy revolution, today announced the launch of EnerVenue Energy Storage Vessels (ESVs), the company’s second-generation energy storage product.
EnerVenue ESVs continue to expand the company’s pioneering use of metal-hydrogen energy storage technology as an advantageous solution compared to lithium-ion and other alternatives. Based on decades of use with NASA and other aerospace applications, EnerVenue has significantly cost-reduced materials to bring—for the first time—unique battery durability, safety, and flexibility benefits to grid-scale, commercial and industrial deployments. The new ESV solution delivers unprecedented flexibility in how customers can stack and install the vessels to build and scale their energy storage capacity.
The ultra-long-life EnerVenue ESVs enable unique applications and business models for developers, integrators, and owners. Customers can cycle ESVs up to three times per day without rest, and the batteries have an expected lifetime of 30 years / 30,000 cycles. ESVs continue to deliver 86% capacity beyond 30,000 cycles, providing a second asset life that lithium-ion batteries cannot match. The solution’s metal-hydrogen technology further differentiates from li-ion by offering improved fire safety. ESVs have been tested and demonstrate no thermal runaway or propagation risk, and there is no need for costly, preventative fire suppression systems. EnerVenue ESVs also significantly reduce OPEX and CAPEX costs compared to li-ion, delivering on expected ROI by eliminating any need for expensive augmentations, excessive oversizing, or extensive maintenance during a project’s lifetime. With recyclable components, ESVs are also more sustainable and environmentally responsible than li-ion.
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