Imergy partnership news due “before Christmas”

Vanadium redox flow battery company Imergy will make a major strategic partnership announcement this year. Photo credit: Imergy Power Systems

Vanadium redox flow battery company Imergy will make a major strategic partnership announcement this year. Photo credit: Imergy Power Systems

By Jason Deign

Tim Hennessy, president of the vanadium redox flow battery developer Imergy Power Systems, has said his company is readying to make a major strategic partnership announcement before Christmas.

“There are some significant strategic opportunities that are in place,” he told Energy Storage Report, saying the un-named partnerships were “truly a good fit with multiple benefits in sales, bankability, supply chain, those kinds of things.”

Securing strategic partnerships is seen as an important step in improving the bankability of the company, which is continuing to seek investors alongside existing backers such as BlueRun Ventures and New Enterprise Associates.

“We’re always looking for investors. That’s one of the challenges for startups or early-stage companies and we need to get through that,” Hennessy said.

“Hence strategic partnerships are key because if you can focus on just going forward with good bankability capability then you get to the market much quicker and more effectively. We’re out there raising funds at the moment.”
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ViZn goes for flow battery growth

Redox flow battery company ViZn Energy Systems has announced a major production deal with Jabil Circuit that could see zinc-iron overtaking vanadium flow batteries.

Redox flow battery company ViZn Energy Systems has announced a major production deal with Jabil Circuit that could see zinc-iron overtaking vanadium flow batteries.

By Jason Deign

Redox flow battery manufacturer ViZn Energy Systems yesterday announced a deal with Jabil Circuit that could see production increasing to 80MW per year in 2016.

The manufacturing partnership should enable ViZn to fulfil in excess of 21MWh of “planned installations in hand,” Ron Van Dell, president and CEO, told Energy Storage Report.

ViZn currently has little more than 1MWh of installed systems in North America and Europe.

However, said Van Dell: “Our flow battery is capable of scaling to tens of megawatts, which makes it ideal for large-scale applications.

“As a result, both utility customers as well as commercial and industrial customers are particularly interested in ViZn’s product.”
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Redox flow batteries for energy storage

Flow batteries: the market, companies and projects, from vanadium redox battery technology to zinc bromide, iron chromium, zinc iron and beyond. Photo credit: Sumitomo Electric

Flow batteries: the market, companies and projects, from vanadium redox battery technology to zinc bromide, iron chromium, zinc iron and beyond. Photo: Sumitomo Electric

The quest continues for reliable grid-scale energy storage that does not involve huge civil engineering projects.

Current bets are on shipping containers full of lithium-ion batteries (courtesy, no doubt, of the gigafactories predicted to be springing up all over the US in the next few years) as last year’s excitement over compressed air energy storage has now, well, deflated.

There is another technology that shows some promise, however. Redox flow batteries may not yet be ubiquitous, but they are making a global impact, are attracting investment and do seem to work.

So let’s start with a brief roundup of some of the larger projects currently in operation.
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