EnerVenue to set up 1 GWh Metal-Hydrogen Battery plant in Kentucky
Metal-hydrogen battery tech firm EnerVenue has announced the setting up of one-million-square-foot gigafactory in Shelby County, Kentucky. The site will become the company's state-of-the-art manufacturing plant for its 'Energy Storage Vessels', and is expected to begin production by the end of this year.
The company claims that all aspects of design and process validation, manufacturing and testing of the much-acclaimed non-lithium battery technology will be performed onsite. The first phase of the project will encompass 1 GWh of annual production.
Further, EnerVenue expects to invest in excess of $1 billion to expand to more than 20 GWh per year across its domestic manufacturing sites in subsequent phases. The company continues to see accelerating demand for its unique solution for safe, durable, and versatile clean energy storage, and claims to have more than 7 GWh of customer commitments, including from Pine Gate Renewables, Nicon Industries' Green Energy Renewable Solutions, and Sonnell Power Solutions, among others."As customer interest in EnerVenue's storage technology soars, we're excited to significantly scale battery production with our new state-of-the-art gigafactory in Shelby County," said Jorg Heinemann, CEO, EnerVenue. "Following a nationwide vetting process, Kentucky emerged as the ideal fit to build our new facility. The state and county governments were committed to bringing manufacturing and clean energy jobs to the region, and we look forward to working with them as we build out operations."
The gigafactory also marks the growth EnerVenue's national footprint. The company recently expanded its operations in Fremont, California and secured long-term materials and equipment supply agreements with Precision Process and Precious Plate in Niagara Falls, New York.
EnerVenue recently launched the second generation of its large-format battery technology - the 'Energy Storage Vessels' - that enable more scalable and customizable configurations. The company also backs its vessels with capacity assurance, offering customers a straightforward 20-year/20,000-cycle warranty extension at 88%+ capacity.