Avid Group Partners with Enervenue for Advanced Nickel-Hydrogen Energy Storage Solutions
Key Ideas
  • Avid Group has signed a master supply agreement with US-based Enervenue to offer long-duration nickel-hydrogen energy storage 'vessels' in Australia, with benefits over lithium-ion for grid-scale and industrial applications.
  • Enervenue's nickel-hydrogen batteries can withstand 30,000 duty cycles, operate at extreme temperatures, and come with a 20-year/20,000-cycle warranty ensuring at least 88% battery capacity.
  • The technology is highlighted for its efficiency, energy density, and lower levelized cost of storage compared to lithium-ion batteries, making it ideal for edge-of-grid and off-grid applications.
  • Avid plans to showcase the technology by installing Enervenue's energy storage vessels at its manufacturing facility in Perth, offering transformative benefits to customers in various sectors.
Avid Group, an energy solutions provider based in Western Australia, has entered into a significant partnership with Enervenue, a US company specializing in nickel-hydrogen battery technology. The agreement paves the way for Avid Group to introduce Enervenue's advanced long-duration energy storage 'vessels' to the Australian market, catering to grid-scale, commercial, and industrial applications. Enervenue's technology boasts impressive capabilities, with the ability to endure over 30,000 duty cycles, operate in extreme temperature ranges from -40 to 60 Celsius, and maintain high efficiency levels ranging from 80% to 90%. Additionally, the batteries offer a remarkable 20-year/20,000-cycle warranty ensuring longevity and performance. Avid Group's Chief Operating Officer expressed enthusiasm about the installation of these energy storage solutions at their manufacturing site in Perth, anticipating significant cost reductions and operational benefits. The partnership aims to demonstrate the advantages of nickel-hydrogen technology over traditional lithium-ion batteries, particularly in terms of energy density, resilience, and cost-effectiveness. Enervenue's Chief Revenue Officer highlighted the suitability of this technology for Avid's customers operating in remote areas, emphasizing the low maintenance requirements and reduced risk compared to lithium-ion alternatives. The collaborative effort is set to showcase the transformative potential of nickel-hydrogen energy storage for industrial, mining, and microgrid applications, positioning Avid Group as a pioneer in adopting innovative and sustainable energy solutions.
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