21st July 2024

-Aries Grid is a safer, extra sustainable power storage system primarily based on LFP cells that will likely be manufactured by 2024 at ONE Circle, the corporate’s Michigan manufacturing unit.
-Aries Grid will likely be provided in 2-, 3- and 6-MWh choices to assist modular and scalable renewable power storage.
-Aries Grid is economically aggressive renewable power storage at utility scale enabled by the Inflation Discount Act (IRA).

Michigan-based Our Subsequent Vitality, Inc. (ONE), pronounces Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that may function long-duration power storage. Manufactured in America, Aries Grid represents a milestone achievement in efforts to scaleup investments in renewable power infrastructure and grid reliability.

“Vitality storage is the important thing to decarbonizing each mobility and the grid.” mentioned Mujeeb Ijaz, CEO & Founding father of ONE. “With Aries Grid, ONE is servicing a market demand for safer and extra sustainable utility-scale power storage options which might be, for the primary time, price aggressive with fossil fuels, due to the Inflation Discount Act.”

The IRA launched instruments that permits ONE and its clients to benefit from product price offsets and federal funding tax credit to develop Aries Grid. This assist implies that Aries Grid could be utilized with renewable power capabilities to supply baseload technology, a beforehand cost-prohibitive train in lots of markets.

Leveraging ONE’s Aries transportation 79-kWh battery pack, Aries Grid will likely be provided in 2-, 3-, and 6-MWh modular items that enable for system customization. The lithium-ion power storage system makes use of an LFP cathode chemistry that’s extra sturdy and has double the lifetime power throughput of the nickel, cobalt and manganese (NCM) chemistries which make up most commercially out there stationary power storage methods within the U.S. With discharge instances starting from four to 12 hours, Aries Grid can create a renewable microgrid that gives 24×7 agency capability baseload to energy factories, information facilities and communities.

“Aries Grid provides utilities a flexible grid asset whereas offering companies with a device to assist decarbonize their provide chains,” mentioned Dr. Deeana Ahmed, Vice President of Technique, Coverage & Sustainability of ONE. “With sturdy, sustainable, Michigan-built batteries, there’s a actual path ahead to growing renewable electrical energy throughout the U.S. and world wide.”

Final yr served as proof of the shifting panorama of power within the U.S. In 2022, greater than 60% of latest capability added to the nation’s utility grid was primarily based on renewable power.

Extra details about Aries Grid is offered at one.ai.

About Our Subsequent Vitality

Our Subsequent Vitality Inc. (ONE) is a Michigan-based power storage know-how firm centered on engineering batteries that can speed up electrification. ONE’s imaginative and prescient is to: double the vary of electrical autos; use safer, extra sustainable uncooked supplies; and set up a localized provide chain. Go to one.ai to study extra.

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