Michigan-based Our Next Energy introduced the discharge of a utility-scale lithium-iron phosphate (LFP) battery system referred to as Aries Grid.
“Power storage is the important thing to decarbonizing each mobility and the grid,” stated Mujeeb Ijaz, CEO & Founding father of ONE. “With Aries Grid, ONE is servicing a market demand for safer and extra sustainable utility-scale power storage options which are, for the primary time, price aggressive with fossil fuels, because of the Inflation Discount Act.”
The IRA launched instruments that allows ONE and its clients to reap the benefits of product price offsets and federal investment tax credits to develop Aries Grid. This assist signifies that Aries Grid will be utilized with renewable power capabilities to supply baseload technology, a beforehand cost-prohibitive train in lots of markets.
Leveraging ONE’s Aries transportation 79-kWh battery pack, Aries Grid can be supplied in 2-, 3-, and 6-MWh modular models that enable for system customization, with discharge instances starting from 4 to 12 hours.
“Aries Grid affords utilities a flexible grid asset whereas offering companies with a instrument to assist decarbonize their provide chains,” stated Dr. Deeana Ahmed, Vice President of Technique, Coverage & Sustainability of ONE. “With sturdy, sustainable, Michigan-built batteries, there’s a actual path ahead to growing renewable electrical energy throughout the U.S. and all over the world.”
Information merchandise from ONE