Electrovaya has signed a contract to provide a lithium ion Battery Energy Storage System (“BESS”) of approximately 1.2MWh for demonstration purposes in support of renewable energy generation in Ontario.
This program is a part of an Electrovaya led $7.6 million project supported by the Government of Canada’s Clean Energy Fund (CEF) to investigate the potential use of battery energy storage systems in clean energy project, such as wind and solar farms.
Partners in the project include Natural Resources, Canada, Hydro One and others. Electrovaya is the prime contractor and system designer and will provide the full energy storage system.
”This project marks Electrovaya’s second major grid storage contract and is in addition to a 1.5MWh capacity lithium ion SuperPolymer BESS being deployed by a major US utility,” noted Dr. Sankar Das Gupta, Electrovaya’s CEO.
Electrovaya’s proprietary lithium ion SuperPolymer cell technology is produced using Electrovaya’s unique non toxic NMP-free process. Electrovaya’s energy storage system consists of its large format lithium ion SuperPolymer cells, proprietary thermal and battery management systems and all necessary subsystems.
Grid Storage is expected to grow to a $35 billion market by 2020, according to Pike Research.