EnerVenue Expands in Australia with Metal-Hydrogen Batteries for AVID Group
Key Ideas
- EnerVenue will supply metal-hydrogen batteries to AVID Group in Australia for installations at various locations, offering in-country support.
- The Energy Storage Vessels (ESV-4) are specifically beneficial for remote commercial microgrids and mining/industrial sectors, providing long-duration cycling capabilities.
- The partnership aims to reduce operational expenses, lower levelised cost of storage, and integrate with power generation sources to enhance energy management.
- The installations of ESVs at AVID Group's manufacturing site will serve as a reference for showcasing the benefits and operational excellence of the advanced energy storage solution.
EnerVenue, a Perth-based energy solutions provider, has entered into a supply deal with AVID Group to supply its metal-hydrogen batteries to be installed in various locations across Australia. EnerVenue's long-duration Energy Storage Vessels (ESV-4) are deemed suitable for AVID Group's customers, particularly those in remote commercial microgrids and the mining and industrial sectors due to their cycling capabilities of over 30,000 cycles. These hydrogen systems are expected to deliver a lower levelised cost of storage (LCOS) and tackle existing challenges in battery operations at mining, industrial, and microgrid sites. Additionally, they can integrate with power generation sources to reduce fuel requirements. EnerVenue's Chief Revenue Officer highlighted the transformative benefits of the technology for AVID's customers. AVID Group's COO emphasized the commitment to sustainable solutions and energy management goals using EnerVenue's technology. The installation of ESVs at AVID's manufacturing site is aimed at reducing energy costs and showcasing the technology's operational excellence as a reference for potential partners and applications in the future.
Topics
Production
Sustainable Solutions
Energy Solutions
Industrial Sector
Mining Sector
Long Duration Storage
Commercial Microgrids
Latest News