US lead-carbon battery developer Axion International has signed a strategic marketing, sales and reselling agreement with Pacific Energy Ventures LLC (PEV).
Privately owned Oregan, US, based technology and project development firm (PEV) will aim to drive sales of Axion’s patented PbC technology – a multi-celled asymmetrically supercapacitive lead-acid-carbon hybrid battery.
PEV now represents Axion Power’s products nationally on a non-exclusive basis, initially focusing on all or parts of 13 states in the Northeast and the District of Columbia – an area comprising the power grid of PJM Interconnection LLC, a Regional Transmission Organisation.
PEV will also promote the sale of PbC and PowerCube products for use with renewable energy and energy storage projects.
The Pensylvanian company’s PbC technology differs from conventional PbA batteries because its negative electrodes are five-layer assemblies consisting of a carbon electrode, a corrosion barrier, a current collector, a second corrosion barrier and a second carbon electrode.
These electrode assemblies are then sandwiched together with conventional separators and positive electrodes. The battery, which is filled with an acid electrolyte, is then sealed and connected in series to the other cells.
Axion Power Chief Operating Officer, Phil Baker, said: “This important agreement with PEV, aligns us with innovative and successful sales and distribution experts in order to both market and sell Axion’s PbC technology.”
He added: “This is not an agreement that will lead to a new layer of testing before something happens. We believe PEV will hit the ground running right away.”
PEV Senior Partner Steven Kopf said: “I do not believe there are other similarly situated companies with Axion Power’s PbC product in the highly profitable area of frequency regulation.
“Frequency regulation may not be a household term, but it is the art and science that keeps the grid in balance on either the demand or supply side.”
