Providence Asset Group subsidiary H2Store will have access to leading technology and expertise for integration into its Hydrogen Energy Storage Solutions (HESS) thanks to a new partnership.
The H2Store HESS combines hydrogen and lithium-ion battery technology to increase storage capacity and efficiency, enabling up to 20,000 charging/discharging cycles providing flexibility to dispatch renewable energy to end users at scale or in residential units.
Providence Asset Group today said it has signed Risen Energy as lithium-ion battery supplier for HESS.
The partnership with Risen is the second significant agreement Providence has signed in securing world leading providers following their announcement with Nedstack for the supply of fuel cells into H2Store’s HESS.
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