“With the durability, flexibility, reliability, and safety of its batteries, EnerVenue is delivering a unique and future-proof solution for grid-scale energy storage,” said Jorg Heinemann, CEO, EnerVenue. “We have proven the advantages that our next-generation nickel-hydrogen battery delivers and are excited to accelerate our journey forward with Series A backing and our agreement with Schlumberger.” EnerVenue’s batteries use nickel-hydrogen technology that has been tested for decades on the International Space Station and Hubble Space Telescope. The company formed in 2020 to bring the NASA-originated technology to grid-scale and other stationary power applications.
EnerVenue nickel-hydrogen batteries can work in -40° to 60°C (140°F) temperatures with projected 30,000-cycle lifespans. With no lithium, the batteries have no thermal runaway risk. Also with no toxic materials and easily separable parts, the batteries are expected to be 100% recyclable.