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Energy Plug Joins Forces To Expand Battery Storage Systems

May 31, 2024 by Mike Falter

Energy Plug, Malahat Battery Technologies, and Enwind Power plan to collaborate in researching and developing battery energy storage system technologies for next-generation microgrid applications.

Energy Plug Technologies Corp., a Canadian-based battery storage technology company, and Malahat Battery Technologies Corp. have signed a Memorandum of Understanding (MoU) with Enwind Power Co. Ltd. Enwind is a Taiwanese company specializing in researching and developing microgrid power and battery-based solutions for the local Taiwan market.  

The non-binding MoU states that the three companies will combine efforts to develop utility-scale battery energy storage systems (BESS) for microgrid applications and other battery energy-related applications. The understanding also outlines plans for the joint localization and commercialization of technologies within Canada, North America, and Latin American markets.   

Operating in tandem, microgrid-based power generation and BESS are promising supplements (or alternatives) to traditional grid power that can help commercial and residential users meet their energy needs while improving sustainability and reliability.   

 

Concept of battery energy storage system on Malahat Nation, Vancouver Island.

Concept of battery energy storage system on Malahat Nation, Vancouver Island. Image used courtesy of Malahat Nation

 

Microgrids and Battery Energy Storage

Microgrids are localized power sources, such as wind, solar, or generators, that can supplement or replace grid power. Since many microgrids rely heavily on renewable sources like wind and solar, battery energy storage plays a critical role in these systems for load balancing and to ensure the availability of dispatchable power. 

 

Microgrid components

Microgrid components. Image used courtesy of Department of Energy

 

In recent years, wind and solar generation have become more cost-competitive with grid electricity, and industrial consumers are increasingly using local microgrids to improve the reliability and sustainability of their energy supply. According to Energy Plug, battery storage system capacity is projected to quintuple by 2030, driven in part by a fast-growing microgrid market.     

Along with improved resilience and reduced reliance on carbon-based electricity, microgrids can also help operators save money by providing lower-cost energy during peak demand when utilities charge the most for their power.     

 

Energy Plug BESS Solutions

Energy Plug plans to accelerate product and development to meet the growing demand for microgrid and distributed battery storage in industrial and utility applications. 

 

Utility-scale BESS

Utility-scale BESS. Image used courtesy of Energy Plug

 

The company’s commercial storage solutions offer scalable storage with capacity from a few megawatt-hours (MWh) to hundreds of MWh. Energy Plug is also developing a 20 kWh power pole-mounted system and a 100 kWh ground-based system for utility, commercial, and industrial vertical microgrid applications within Canada. 

The collaboration outlined by the MoU will allow the business development efforts to expand across North America and into Latin America.   

 

Local Roots for a Sustainable Future

Malahat Battery Technologies Corp. is 51% owned by Yos Economic Development Limited Partnership, a partnership affiliated with the Malahat First Nation. The Malahat Nation is a Coast Salish Indigenous community between Victoria and Mill Bay, British Columbia.   

The company was formed to support manufacturing operations for BESS platforms in Mill Bay and is 49% owned by Energy Plug. A BESS assembly facility will be built on a 52-acre business park on Malahat land on Vancouver Island.   

For the Malahat people, the business park and BESS manufacturing operations represent an opportunity to participate in the evolution of global energy production within their traditional homelands.