Energy storage firm Gelion has signed a five-year memorandum of understanding with Mayur Renewables to supply 100MWh of zinc-bromide non-flow battery technology.
Mayur Resources, a division of Australian Stock Exchange-listed company Mayur Resources, is a strategic supplier of resources and energy for Papua New Guinea (PNG).
With successful offtake, renewable energy project developer Mayur will also act as sales agent for Gelion in the PNG market.
Mayur’s managing director Paul Mulder said only 13% of PNG was electrified and most of its current power generation capacity relied on diesel or heavy fuel oil, which was not sustainable in today’s energy market.
The MoU is for the provision of energy storage from 2022 to 2027.
Last month, Gelion appointed Andrew Grimes as its chief executive officer (CEO).
The timing of the appointment aligns with Gelion entering the market to validate its battery technology in-field applications.
Lead battery partnership
In September, Gelion Technologies and lead-acid battery maker Battery Energy Power Solutions announced a partnership to manufacture the former’s systems in Australia.
The partnership represents the next stage of commercialisation for Gelion, with the stationary batteries due to be deployed in production trials next year ahead of commercial availability.
Battery Energy will provide manufacturing scale-up of Gelion’s Endure battery at its site in Sydney, Australia.