EnerVenue Accelerates Australian Expansion with AVID Group Master Supply Agreement

Enervenue

EnerVenue Accelerates Australian Expansion with AVID Group Master Supply Agreement

The Perth-based energy solutions provider plans to install EnerVenue’s high-efficiency long-duration Energy Storage Vessels™ at its manufacturing site and across customers’ commercial, mining, industrial, and microgrid locations

FREMONT, Calif. and PERTH, Australia, Aug. 27, 2024 (GLOBE NEWSWIRE) — EnerVenue, a company pioneering the commercial deployment of high-efficiency metal-hydrogen batteries capable of more than 30,000 cycles, today announced a Master Supply Agreement with AVID Group, an energy solutions provider serving Australia and West Africa. The partnership with AVID is EnerVenue’s first Master Supply Agreement with an Australian energy provider and extends EnerVenue’s growing reach in the country.

AVID and EnerVenue agreed to install EnerVenue’s fourth-generation Energy Storage Vessels (ESV-4) at AVID’s own Perth-based manufacturing site and make EnerVenue storage solutions available to customers for use in their own commercial, mining, industrial, and microgrid applications. AVID plans to install and integrate EnerVenue technology at customer sites across Australia, and EnerVenue plans to provide in-country technical, sales, and after-sales support.

EnerVenue’s unique technology is especially well-suited for AVID and its customers, many of which have remote commercial microgrids and use cases within the mining and industrial sectors. Energy Storage Vessels offer long-duration cycling and … read more

Source: https://finance.yahoo.com/news/enervenue-accelerates-australian-expansion-avid-080000824.html?

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