First commercial unit will be one of three sites in Hagerstown, MD
totaling 12 MW
Alevo Group, the Energy Storage Provider, today announced that its first
GridBank™ storage unit has been cleared for shipping and installation
after completing an extensive factory acceptance testing (FAT) process
at Parker Hannifin’s Energy Grid-Tie Division. Alevo and Parker Hannifin
have collectively conducted a series of validation and application tests
on the 2MW/1MWh unit to verify the GridBank’s performance based on
safety, power, thermal stability, communications, response rates and
ability to deliver specific applications.
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First Alevo GridBank being delivered to Hagerstown, Maryland, for installation (Photo: Business Wire)
“We have been testing the GridBank in conjunction with Alevo since
August and are satisfied the unit operates as per its design intent,”
explained Jim Hoelscher, General Manager of Parker Hannifin’s Energy
Grid Tie Division in Charlotte. “Parker has conducted a series of robust
tests as part of a jointly developed factory acceptance test program and
initial results confirm the Alevo GridBank capabilities, including its
high-power among other attributes. We are excited to see the field
performance and proud to have played a key role in this historic
milestone.”
The unit will be utilized primarily for frequency regulation and
charging/discharging cycles in durations of less than an hour. GridBanks
are well suited to power applications such as these due to its
proprietary and patented inorganic electrolyte, Alevolyte™ — which
demonstrates no degradation in its power capability after thousands of
full battery cycles. Due to its long cycle life, while continuing to
provide its nameplate power output, the Alevo GridBank’s projected
20-year duty cycle offers a grid asset that has the lowest total cost of
ownership of any storage technology, an important economic factor to
consider in application specific Levelized Cost of Storage (LCOS)
calculations. LCOS is calculated as the net cost to install and maintain
an energy storage system, divided by its expected life-time energy
throughput.
Speaking about the system, which will be installed mid-January and
commissioned later in the month, Michael S. Spiker, Director of
Utilities for the City of Hagerstown, said, “The Hagerstown Light
Department is proud to welcome the installation of the first Alevo
GridBank. We look forward to the successful operation of this unique
storage technology.”
To augment the installation of the GridBank, Alevo Analytics, the
intelligence and analytics arm of Alevo Group, will provide its full
suite of GridMaestro™ software and run other real-time analytics as well
to verify the GridBank’s performance on the grid.
“We are excited to get our first GridBank in the field with many more to
follow,” said Christopher Christiansen, President of Alevo Energy. “We
can now demonstrate what makes a GridBank’s safety and performance
characteristic unique in the market. With our non-flammability and full
range of usable capacity, we are also capable of following PJM’s
enhanced Reg D signal accurately.”
About Alevo
Alevo, a leading provider of energy storage is redefining energy as a
developer, manufacturer and provider of grid-scale energy storage
solutions featuring GridBank™ and Alevo Analytics. GridBank lithium-ion
batteries feature a proprietary inorganic electrolyte (Alevolyte™),
which is non-flammable and offers extreme long life and stability.
Alevo’s vertically engineered turnkey energy storage solution can be
placed anywhere on the electricity supply chain, to reduce energy waste,
lower greenhouse gases and other emissions, create efficiencies and
lower costs. Founded in 2009, Alevo is headquartered in Switzerland with
GridBank manufacturing in the U.S. For more information, visit www.alevo.com.
About Alevo Analytics
Alevo Analytics provides advanced analytics and simulation capabilities,
business intelligence and advisory services with a primary focus on the
power and energy sectors as well as Analytics IQ databases and the
GridMaestro™ Software Suite- real time software solutions for GridBank
optimization. Alevo Analytics collaborates with customers to provide
unique insights regarding where the deployment of distributed energy
resources will yield the greatest benefits while demonstrating the
efficiencies which can be realized across the electricity supply chain.
About Parker Hannifin Corporation
Parker Hannifin is a Fortune 250 global leader in motion and control
technologies. For 100 years the company has engineered the success of
its customers in a wide range of diversified industrial and aerospace
markets. Learn more at www.parker.com or
@parkerhannifin.
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