GE Vernova and Our Next Energy have signed a term sheet to collaborate toward advancing battery energy storage solutions in the U.S. using locally manufactured batteries.
The collaboration covers the supply of Our Next Energy’s battery modules containing U.S.-manufactured lithium iron phosphate cells for GE Vernova’s Solar & Storage Solutions business projects across the country. With the integration of locally manufactured LFP batteries, GE Vernova and its customers will be able to take advantage of incentives offered by the Inflation Reduction Act and investment tax credits.
“Battery Energy Storage Systems are vital for the renewable energy transition and grid stability. GE Vernova has deployed its FlexReservoir BESS systems globally,” says GE Vernova’s Prakash Chandra. “Now, in partnership with Our Next Energy, we’re bringing American-made batteries to power local communities, bolstering manufacturing and job growth.”
“Storage is the key to stabilizing the grid. In addition, it unlocks 100% renewable energy to power factories, communities, hospitals, and data centers,” adds Mujeeb Ijaz, founder and CEO at Our Next Energy.
“As demand increases for energy storage systems, we are honored to play a role in helping GE Vernova and its customers transition the U.S. to more sustainable power sources by providing them with domestically produced batteries and cells.”
The post GE Vernova, Our Next Energy to Collaborate on Storage Solutions appeared first on Solar Industry.
GE Vernova, Our Next Energy to Collaborate on Storage Solutions
Renewable Energy
Incompetence? Not Really
Incompetence isn’t actually the issue with Trump.
Imagine for an instant that the president was paid $100 billion per year to run this country, and that he was given a $50 billion annual merit-based bonus if his key statistics were up that measured how well the country was doing in terms of the quality of Americans’ lives. Do you think he’d be starting useless and illegal wars that drive up consumer prices? Destroying the educational system and the environment?
Not for a millisecond.
Renewable Energy
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As shown here, there are (formerly credible) people who are telling us that Trump is restoring Americans’ trust in government.
Do they truly believe this?
Renewable Energy
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One of the casualties of the post-truth era is that the statements of our “leaders” no longer are required to have any basis in fact. What Jim Jordan says here is a fine example.
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Please be clear.
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