CONCORD, N.C–(BUSINESS WIRE)–Alevo, the Energy Storage Provider, has today unveiled the GB35, a compact-Alevo GridBank delivering optimum levels of safety, robustness, reliability and lowest levelized cost of storage (LCOS). The GB35 joins the recently launched GB50 as part of a new suite of lithium-ion compact-energy storage systems (ESS) that are non-flammable and capable of extreme long life (50,000+ cycles). The GB35/GB50 systems are also capable of high power output (70 and 100 kW respectively).

The GB35/GB50 systems utilize Alevo’s patented proprietary inorganic electrolyte – Alevolyte – to ensure non-flammability and optimum reliability and safety levels. These high power and safety properties mean the GB35/GB50 systems are ideally suited for DC fast charging stations for electric vehicles, in addition to must-run critical workloads such as hospitals, data centers, mines, sensitive machinery and microgrids.

The original Alevo GridBank is one of the most in-demand energy storage systems on the market due to its use of the breakthrough, inorganic Alevolyte. The system offers unparalleled safety, high power and extreme long life, making them the perfect solution to providing multiple services to the grid to facilitate higher rates of energy efficiency, as well as a more efficient use of capital already invested in the grid infrastructure. The new, more-compact GB35/GB50 systems provide the same, industry-leading safety standards while delivering stackable ESS to meet any capacity requirement.

“We’re proud to unveil our new GB35 system which, alongside our existing GB50 system, delivers the industry’s most-advanced energy storage systems for the commercial and industrial markets,” explained Christopher Christiansen, President of Alevo Inc. “We have designed the systems with safety absolutely central to our thinking, which is why we firmly believe our GB35/GB50 systems are perfectly suited to must-run critical situations where safety is absolutely paramount.”

About Alevo

Alevo, a leading provider of energy storage is redefining energy as a developer, manufacturer and provider of grid-scale energy storage solutions featuring GridBank™ & Alevo Analytics. GridBank Lithium-Ion batteries feature a proprietary inorganic electrolyte (Alevolyte™), which is non-flammable and offers extreme long life and stability. Alevo’s vertically engineered turnkey energy storage solution can be placed anywhere on the electricity supply chain, to reduce energy waste, lower greenhouse gases and other emissions, create efficiencies and lower costs. Founded in 2009, Alevo is headquartered in Switzerland with GridBank manufacturing in the US.

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Energy storage is a game changer. Ultimately, it could free the electric power system from matching generation and consumption on a minute-by-minute basis, saving electricity until it’s needed. Policymakers, utilities, and customers are beginning to recognize its value. Doug Little, chair of the Arizona Corporation Commission, summed up the potential of behind-the-meter (BTM) storage this way: “Energy storage technology is really the ‘secret sauce’ for the future of residential rooftop solar.” At AEE, we agree, but add that it could be the secret sauce for numerous other applications – on both sides of the meter. That makes energy storage a key  technology for modernizing the energy grid and leading to an advanced energy future.

The secret sauce of energy storage is leading states from coast to coast to take action. The map below shows 89 state regulatory and legislative actions taken on energy storage recently. Clearly there is no shortage of interest. (Click the full screen button for a clearer view.)

Here are some highlights: the California Public Utilities Commission adopted an $8.7 million energy storage request for offers for Southern California Edison to address reliability concerns from the Aliso Canyon natural gas leak; the Public Utility Commission of Oregon opened a proceeding to develop energy storage program guidelines, consider project proposals, and implement a procurement program; the Colorado Public Utilities Commission approved a $9.1 million investment for two energy storage projects as part of Xcel Energy’s Innovative Clean Technology Projects Program; and the Massachusetts Department of Energy Resources and the Massachusetts Clean Energy Center partnered on a $10 million energy storage initiative to advance the energy storage industry and accelerate deployment of commercial storage technologies.

Falling prices, advances in system integration, and more sophisticated rate designs are driving growth in the burgeoning energy storage market, which grew more than tenfold in the U.S., from $57 million in 2014 to $734 million in 2015. But even that does not explain why energy storage is the hot topic in energy today.

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