AES Energy Storage said on Dec. 15 that it has reached a multi-year agreement with LC Chem for the supply of batteries for AES’ Advancion grid-scale energy storage solution. According to AES, the agreement provides access to several of LG
Chem’s battery modules to meet the needs of Advancion installations
currently under construction and allows AES to purchase additional
batteries to meet the growth for future Advancion system sales.
AES previously announced installations for various customers in six
countries totaling 384 MW in operation, construction, or late stage
development. Navigant Research projects that more than 11 GW of energy
storage capacity will be installed annually by 2020 across 22 countries. “We are excited to provide utilities, developers, and businesses
access to high quality batteries at the best prices as part of the
complete Advancion grid storage solution,” John Zahurancik, President of
AES Energy Storage, said in a statement. “LG Chem is one of our most
trusted battery partners and this agreement provides a new scale of
activity to serve announced projects as well as installations under
development by our utility partners.”
AES said that the supply agreement covers battery modules with
configurations ranging from 30 minutes to four hours of discharge
duration. AES and LG Chem have also agreed to collaborate on joint
development initiatives that will ensure continued competitiveness of
the Advancion product in meeting the requirements of utilities and
system operators.
In 2014, LG Chem was the first of several battery manufacturers to
complete the Advancion Certification process and become a qualified
supplier of batteries for Advancion 4. Subsequently, LG Chem was
selected to provide batteries for three large-scale Advancion arrays,
including the Warrior Run Energy Storage Array that was officially
opened on Nov. 13 in Cumberland, Md. Advancion 4 is AES’ fourth generation integrated energy storage
solution, which the company said incorporates insights from lessons
learned from more than eight years of real world operations of
large-scale, grid-connected battery systems built to serve the needs of a
long-term asset owner.
http://www.renewableenergyworld.com/articles/2015/12/aes-energy-storage-reaches-supply-agreement-with-lg-chem.html
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