AUSTIN, Texas – October 4, 2016 – ViZn Energy Systems Inc. (ViZn), a leading provider of non-toxic flow battery energy storage systems, announced today that it is offering an optional 95 percent power guarantee on their large scale energy storage systems for up to 20 years. This guarantee will be available to supplement ViZn’s best-in-class comprehensive warranty which is offered in multiple durations up to 20 years, twice the industry average. The guarantee is straightforward, simple, and is independent of battery duty cycle or energy throughput.
“Lithium-ion battery life and their constrictively weak warranties have been one of the limiting factors for the widespread adoption of energy storage,” said Ron Van Dell, CEO of ViZn Energy Systems. “Our flow batteries have been thoroughly evaluated by Black and Veatch for longevity and performance over a long system life. The system’s long term warranty and ability to deliver 95 percent of the rated power for 20 years will give utilities, developers, and banks confidence that their energy storage is engineered to last as long as the infrastructure or generation system it is typically coupled with. We hope to bring simplicity and consistency to a space that has been riddled with partial-coverage warranties.”
ViZn’s unprecedented guarantee is made possible because, unlike lithium-ion batteries, their flow batteries avoid traditional wear out mechanisms that can degrade battery power and capacity over time. Contrast this with other stationary storage systems that are frequently oversized up to 40 percent to account for anticipated power losses and have life-limiting dependencies on temperature, discharge power, and cycle count. In economic terms, developers, installers, and integrators can count on a ViZn Energy stationary storage system to provide unmatched ROI as it delivers high power services and high energy capacity for the life of their system. There is no longer a need to account for added costs such as cell replacement, out-of-coverage O&M, and reduced performance like with a typical lithium-ion system.
ViZn’s flow batteries are manufactured by Jabil’s ISO 9001-certified production team in Florida and the technology utilizes a non-toxic, low-cost zinc and iron chemistry that makes sighting and permitting relatively painless. Unlike lithium-ion systems, ViZn’s versatile flow batteries are capable of performing both high-power and long-duration applications, which allows end users to incorporate multiple value
streams and realize more favorable ROI than other energy storage technologies. ViZn is currently building the largest flow battery in North America and is on track to be the largest global producer of flow batteries by the end of the year.
Zinc redox technology to be used for utility & commercial scale solar+storage
AUSTIN, Texas and GREENWOOD VILLAGE, Colo. – September 12, 2016 – ViZn Energy Systems Inc. (ViZn), a leading provider of zinc and iron chemistry-based flow battery energy storage systems for utilities and microgrids, and The Ryan Company (an operating unit of Quanta Services, NYSE: PWR) are pleased to announce a strategic partnership aimed at solar+battery storage integration for owners of utility and commercial scale solar installations. Bloomberg New Energy Finance projects the solar+storage sector to grow exponentially and receive $250 billion of total investment by 2040.
“The Ryan Company has a deep background in both solar EPC integration and complex electrical infrastructure improvements across the United States,” said David Mintzer, Vice President of Business Development at ViZn Energy. “We seek partners who are first class EPCs and have the engineering expertise to integrate our zinc redox flow batteries into multifaceted projects where our system will be expected to perform stacked applications and deliver significant ROI over its 20-year lifespan.”
The Ryan Company, a wholly owned Quanta Services subsidiary, is a top-tier electrical EPC company with over 700MW of installed solar projects and numerous references in the electrical infrastructure space including: frequency regulation, substation/transformer installation, and public-sector electrical upgrades.
ViZn Energy’s flow battery systems are capable of performing both high-power and long-duration duties while also offering low O&M, which enables utilities, C&I customers, and other end users to stack applications and incorporate multiple value streams. ViZn’s systems have an expected lifespan of 20 years, which is twice (or more) that of the average large scale lithium-ion storage system, they do not suffer from capacity fade or require cell replacements, and they have access to 100% of their state-of-charge and do not require a 20% or higher discharge threshold.
“ViZn has a highly scalable, robust technology that can provide multiple lines of value for intermittent renewable assets,” said Bill Hargett, Director of Business Development at The Ryan Company.
“We believe that solar power producers are increasingly looking for ways to provide a more dynamic and flexible dispatch profile to the grid, and ViZn Energy has the product and ability to make this happen.”
Within the strategic partnership, The Ryan Company and ViZn will provide a comprehensive battery storage system for utility solar power plants that seek improved economics based on ViZn Energy’s capacity to address load shifting and fast frequency response power management services. Both ViZn Energy and The Ryan Company will be exhibiting at Solar Power International in Las Vegas September 12-15.
Mining, agriculture, and remote villages the focus for using non-toxic flow batteries
AUSTIN, Texas and MIDRAND, Republic of South Africa – August 29, 2016 – ViZn Energy Systems Inc. (ViZn), a leading provider of zinc and iron chemistry-based flow battery energy storage systems for utilities and microgrids, announced today that they will be partnering with Jabil Inala to offer turnkey storage solutions to the African power market. Africa has 13 percent of the world’s population, but accounts for only four percent of the world’s energy demand, leaving a gap of around 600 million people with no access to electricity according to the International Energy Agency’s Africa Energy Outlook.
“Africa represents an enormous market both in terms of the potential growth for supplying power and the ability to positively impact the lives of millions of people,” said Ron Van Dell, CEO of ViZn Energy. “Since much of the centralized distribution infrastructure does not exist across the continent, it is ripe for the establishment of distributed microgrids to power villages that currently don’t have electricity and also to replace diesel generators at remote mining and agricultural facilities. The non-toxic chemistry used in ViZn’s flow batteries means they can be safely deployed in these areas and without an HVAC system.”
Jabil – the world’s third largest manufacturing services provider – acquired South African energy solutions provider and systems integrator Inala in January of this year as their entry into the African continent. Jabil Inala is an applications engineering EPC that designs, sources, commissions and supports best-of-breed energy solutions. They are currently operating in eleven sub-Saharan countries where traditional grids are either unreliable or uneconomical to develop. Jabil Inala’s turnkey distributed energy solutions encompass generation, storage, efficiency, monitoring, and analytics.
“In the African market, it is critical for a microgrid to have the ability to operate in harsh environments while maintaining industrial power quality,” said Howard Earley, Managing Director at Jabil Inala. “ViZn’s 20-year expected operational lifetime and ability to perform both high power and long duration applications delivers very attractive economics in these demanding applications.”
ViZn’s flow battery technology utilizes a non-toxic, low cost zinc and iron chemistry that aids steady and safe operation. Their systems are capable of performing both high-power (with one of the fastest charge and discharge responses on the market) and long-duration capabilities for the commercial & industrial, microgrid, and utility-scale markets while also offering low O&M, allowing end users to incorporate multiple value streams and realize more favorable payback periods than other energy storage technologies. ViZn is currently building the largest flow battery in North America and is on track to be the largest global producer of flow batteries by the end of the year.
AUSTIN, Texas – July 11, 2016 – ViZn Energy Systems Inc. (ViZn), a leading provider of zinc and iron chemistry-based flow battery energy storage systems for utilities and microgrids, announced today that it has entered into a strategic partnership with Alpha Energy to offer turnkey energy storage solutions for large behind-the-meter, grid edge, and utility-scale front-of-the-meter applications. This alliance of energy storage leaders will also be able to address the rapidly expanding solar+storage market that is expected to attract $250 billion of total investment by 2040 according to Bloomberg New Energy Finance.
“ViZn Energy has engineered a very versatile flow battery that is able to perform both high power and long duration applications,” said Tom Bowker, Alpha Energy’s Director of Business Development. “Their unique, robust system can scale up from less than 100kW to over 100MW and its 20-year expected lifetime will provide competitive ROI, making it a great fit for renewable energy projects that combine energy storage with solar, wind, or both. As we strategically focus on EPC in the energy storage market, having a partner like ViZn Energy will be quite valuable to us.”
Alpha Energy – a member of The Alpha Group – focuses on utilizing Alpha Group’s powering expertise to meet power demands in utility, commercial, and remote sectors. Alpha, with more than 40 years of industry experience, is a vertically integrated, market-leading developer of turnkey renewable energy solutions including engineering, procurement, construction services, battery management expertise, and project financing alignment. Their full-service approach to energy storage aligns perfectly with ViZn Energy’s ability to stack applications via their multi-purpose stationary storage system. As part of their partnership with ViZn, Alpha will market and deploy a complete solution, including the battery, power conversion system and controls, integration and installation, project finance alignment, and ongoing asset management.
“We spent considerable time researching potential partners to create a turnkey energy storage system that can be easily commissioned and executed in the field,” said David Mintzer, Vice President of Business Development at ViZn Energy. “Alpha Energy’s long track record of successful energy deployments that supply industrial-grade power solutions made them a natural choice to work with as we target the North American, European, and Latin American/Caribbean markets.”
ViZn’s flow battery technology utilizes a non-toxic, low cost zinc and iron chemistry that aids steady and safe operation. Their systems are capable of performing both high-power (with one of the fastest charge and discharge responses on the market) and long-duration capabilities while also offering low O&M, allowing end users to incorporate multiple value streams and realize more favorable payback periods than other energy storage technologies on the market. ViZn is currently building the largest flow battery in North America and is on track to be the largest global producer of flow batteries by the end of the year.
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+ Intersolar Munich 2014 - Energy Storage Award Winner for "Excellence in Innovation; Safety and Market Focus"
+ Frost and Sullivan 2014 - Energy Storage Award Winner for "Product Strength and Design Excellence"