Battery start-up 24M and NEC Energy Solutions, Inc. have signed a Memorandum of Understanding (MoU) whereby 24M has agreed to supply its semi-solid lithium-ion cells (earlier post) for use in NEC Energy Solutions’ integrated storage systems. In addition, the companies will work together to ensure that supplied 24M cells enhance NEC system energy density, life and cost.
24M leverages existing, preferred energy storage chemistries but uses a new cell design with semi-solid (a mixture of solid and liquid phases) thick electrodes and manufacturing innovations to deliver what it says will be up to a 50% reduction in current Li-ion costs. (Co-founder and Chief Scientist Dr. Yet-Ming Chiang was also a co-founder of A123 Systems; 24M originated as an A123 spinout.)
NEC Energy Solutions combines ESS and intelligent controls to deliver innovative, tailored, technology solutions for electric grid, backup power and lead-acid replacement applications. The company also provides system integration expertise focusing on high performance, efficiency, safety and reliability.
Working together, NEC Energy Solutions and 24M will provide customers with high performance, 20-year battery life for reliable grid, off-grid and behind-the-meter solutions.—Bud Collins, CEO of NEC Energy Solutions, Inc.