Metal-hydrogen battery maker EnerVenue strikes 2.4-GWh deal

EnerVenue, a Fremont, California-based provider of metal-hydrogen batteries, on Tuesday unveiled a deal to deliver 2,400 MWh of its systems over the next four years to US solar and energy storage developer Pine Gate Renewables.

Pine Gate Renewables, which currently manages more than 1 GW of operational assets and is actively developing over 16 GW, will deploy the batteries across utility-scale sites across the US.

According to Raafe Khan, director of energy storage at Pine Gate Renewables, the advantages of EnerVenue’s technology include lower degradation across a wide temperature band, lower cost for maintenance and augmentation, and no fire or thermal runaway risk. The partnership will also beef up the developer’s commitment to strengthen the domestic supply chain and build a sustainable energy storage ecosystem in the US, Khan said.

Nickel-hydrogen batteries have been used by the aerospace industry for 40 years and EnerVenue has said it has been able to bring down their high price through the use of new low-cost materials. The California company was set up in 2020 and raised USD 125 million (EUR 120m) in series A funding.

(USD 1 = EUR 0.960)

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