Hydrogen fuel company NovoFuel is moving into the battery market after signing a collaboration agreement to produce its first lithium-ion battery.
The renewable energy storage company’s lithium-ion batteries, available in 2.5kW-20kW, will be manufactured using large format prismatic cells.
The batteries will be designed by Lithium Battery Engineering (LBE) with Custom Electronics (CEI) manufacturing and will be assembled at its facility in Oneonta, New York. US.
The batteries will be sold under the NovoFuel brand, a wholly-owned operating subsidiary of AlumiFuel Power Corporation, under the terms of the agreement.
The technologies and products are being marketed as Renewable Energy Systems (RES) in regions where off-grid or grid-supplementing power is required.
The 2.5kW battery will be designed to provide critical backup power for applications including residential and telecom cell sites.
NovoFuel President & CEO David Cade told BEST: “The battery, designed by LBE, is constructed with large format prismatic cells which are an item of commerce; when cell procurement commences, the battery is immediately ready for assembly as a new product.
“Market availability of the battery is dependent on a number of factors, including the market demand for a backup power stand-alone battery (2.5-20kW), and as one component of NovoFuel’s RES solution for off-grid or grid supplementing power requirements for such applications as rural and remote electrification. Stay tuned.”
With the exception of the medium capacity lithium-ion battery, all Novofuel’s products are commercially available.