NOVI–Our Next Energy Inc., the Novi-based what, has introduced Aries Grid, a lithium-iron-phosphate utility scale battery system that can serve as long dusration energy storage.
Manufactured in America, Aries Grid represents a milestone achievement in efforts to scaleup investments in renewable energy infrastructure and grid reliability.
“Energy storage is the key to decarbonizing both mobility and the grid.” said Mujeeb Ijaz, founder and CEO of Our Next Energy. “With Aries Grid, ONE is servicing a market demand for safer and more sustainable utility-scale energy storage solutions that are, for the first time, cost competitive with fossil fuels, thanks to the Inflation Reduction Act.”
Using ONE’s Aries transportation 79-kilowatt-hour battery pack, Aries Grid will be offered in 2-, 3-, and 6-megawatt-hour modular units. The lithium-ion energy storage system uses an LFP cathode chemistry that is more durable and has double the lifetime energy throughput of the nickel, cobalt and manganese (NCM) chemistries which make up most commercially available stationary energy storage systems in the United States. With discharge times ranging from 4 to 12 hours, Aries Grid can create a renewable microgrid that provides around-the-clock firm capacity baseload to power factories, data centers and communities.
“Aries Grid offers utilities a versatile grid asset while providing businesses with a tool to help decarbonize their supply chains,” said Deeana Ahmed, vice president of strategy, policy, and sustainability at ONE. “With durable, sustainable, Michigan-built batteries, there is a real path forward to increasing renewable electricity across the U.S. and around the world.”
Last year served as evidence of the shifting landscape of energy in the U.S. In 2022, more than 60% of new capacity added to the country’s utility grid was based on renewable energy.
More information about Aries Grid is available at one.ai.