EnerVenue has signed a multi-year settlement with {solar} and energy storage developer Pine Gate Renewables. Underneath the phrases of the deal, Pine Gate Renewables will procure and deploy 2,400 MWh of EnerVenue’s battery energy storage methods in america to help their rising energy storage venture pipeline.
“Pine Gate Renewables excels at launching and working renewable energy and energy storage initiatives, and is a perfect associate for deploying EnerVenue’s revolutionary battery methods,” says Randy Selesky, chief income officer at EnerVenue. “We’re proud to work with Pine Gate in increasing renewable energy utilization to new areas, companies, and companions throughout the nation, and we’re excited for what the following 4 years will carry for each of our organizations.”
Pine Gate Renewables at present manages greater than 1 GW in operational belongings, with greater than 16 GW in lively improvement throughout the nation. Underneath the phrases of the settlement, Pine Gate Renewables will deploy EnerVenue battery methods to help its rising pipeline of initiatives over the following 4 years.
“EnerVenue batteries provide a differentiated worth proposition – decrease degradation throughout a large temperature band, and decrease value for upkeep and augmentation, while posing no fireplace or thermal runaway danger. These batteries even have a stackable kind issue and might final for greater than 30-years whereas with the ability to cycle a number of instances a day,” states Raafe Khan, director of energy storage at Pine Gate Renewables. “We’re proud to associate with EnerVenue in bringing this expertise to our clients, additional bolstering our unwavering dedication to strengthen the home provide chain and construct a sustainable energy storage ecosystem in america.”