US firm ViZn’s zinc and iron flow battery will be used in turnkey large-scale energy storage systems (ESS) following a deal with a vertically integrated utility-scale renewable energy firm.
The strategic partnership with US company Alpha Energy will see the Texas-based firm’s technology used for large behind-the-meter, grid-edge and utility-scale front-of-the-meter applications.
The deal comes as ViZn begins targeting the North American, European, and Latin American/Caribbean markets.
Tom Bowker, Alpha Energy’s director of business development, said the ability to scale up ViZn’s technology from 100kW to more than 100MW and its 20-year expected lifetime was a key factor in the deal.
“It will provide competitive ROI, making it a great fit for renewable energy projects that combine energy storage with solar, wind, or both,” said Bowker.
David Mintzer, Vice President of Business Development at ViZn Energy, said: “Alpha Energy’s long track record of successful energy deployments that supply industrial-grade power solutions made them a natural choice to work with as we target the North American, European, and Latin American/Caribbean markets.”
The solar+storage market is expected to attract $250 billion of investment by 2040, according to Bloomberg New Energy Finance.
