EnerVenue pioneers the commercial deployment of high-efficiency metal-hydrogen batteries capable of more than 30,000 cycles. This morning, the company announced a Master Supply Agreement with AVID Group, an energy solutions provider serving Australia and West Africa. The partnership with AVID is EnerVenue’s first Master Supply Agreement with an Australian energy provider and extends EnerVenue’s growing reach in the country.
AVID and EnerVenue agreed to install EnerVenue’s fourth-generation Energy Storage Vessels (ESV-4) at AVID’s own Perth-based manufacturing site and make EnerVenue storage solutions available to customers for use in their own commercial, mining, industrial, and microgrid applications. AVID plans to install and integrate EnerVenue technology at customer sites across Australia, and EnerVenue plans to provide in-country technical, sales, and after-sales support.
Many of AVIDs customers have remote commercial microgrids and use cases within the mining and industrial sectors. Energy Storage Vessels offer long-duration cycling and can cycle continuously without rest or at various intervals - providing the flexibility to adapt to daily or seasonal changes. Energy Storage Vessels are also ultra-low maintenance, and do not require augmentation like lithium-ion chemistries.
EnerVenue’s solution has been designed to deliver a lower levelised cost of storage (LCOS) and eliminate the most acute legacy challenges of operating battery systems at these sites.
For remote industrial customers reliant on diesel fuel to run their operations, Energy Storage Vessels offer significant advantages by integrating with power generation sources to reduce fuel requirements, making total fuel costs more predictable, and reducing fuel supply and transportation risks. A wide operating temperature range also results in reduced HVAC needs, which further minimises expenses and simplifies operations.
For energy users looking to meet sustainability goals and carbon reduction requirements, EnerVenue’s battery technology offers a simpler, safer, and highly efficient energy storage solution to take full advantage of renewable energy applications.
“EnerVenue’s technology underscores our commitment to helping businesses achieve their near- and long-term energy management goals through proven, innovative, and sustainable solutions” said Jake van Rensburg, Chief Operating Officer, AVID Group. “The installation of Energy Storage Vessels at our own manufacturing site promises to significantly reduce our peak-time energy costs, while showcasing the technology’s operational excellence. Once that installation is complete, the site will serve as a reference for our partners to see, firsthand, the wide-ranging benefits of this advanced energy storage solution and the opportunities available for their own applications.”
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