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EnerVenue Powers China Oil Field With New Battery Tech

Summary

  • EnerVenue secures its first major commercial contract in China.
  • The deal involves installing 11 megawatt-hours of storage capacity.
  • The technology deployed is battery-storage startup EnerVenue's nickel-hydrogen system.

Battery-storage innovator EnerVenue Holdings has achieved a significant milestone by securing its inaugural major commercial contract outside the United States. The agreement is with a prominent Chinese oil and gas producer, signaling a crucial step in the company's global expansion.

Under the terms of the contract, EnerVenue will install 11 megawatt-hours of its advanced storage capacity. This capacity will be deployed at an oil field located in the northern region of China, utilizing EnerVenue's specialized nickel-hydrogen technology.

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