pv magazine: Urban Electric Power, Pine Gate Renewables agree on multi-GWh battery supply deal
Urban will Supply Pine Gate with 4.6 GWh of its rechargeable zinc alkaline batteries over the next five years to provide a choice in storage technology for Pine Gate’s development partners and customers.
Urban Electric Power, the energy storage startup utilizing a similar alkaline battery composition to that found in AA and other household batteries, and Pine Gate Renewables announced that the two companies have signed an Memorandum of Understanding (MOU) for Urban Electric Power to supply an initial 4.6 GWh of its rechargeable zinc alkaline batteries over the next five years to Pine Gate. This will supply the developer’s growing pipeline of solar-coupled and standalone energy storage projects across the country.
Under the terms of the MOU, Urban’s batteries will be supplied to Pine Gate to provide a choice in storage technology for Pine Gate’s development partners and customers, giving said customers the freedom to choose a technology that meets long-term reliability, energy and capacity needs.