According to Heinemann, Schlumberger New Energy, led by technology veteran Ashok Belani, has established a subsidiary that focuses on energy storage solutions; it is this subsidiary that will leverage EnerVenue’s technology. Storage cabinet for EnerVenue batteries EnerVenue.comHeinemann was extremely happy with the agreement, which provides access to Schlumberger clients in a large and economically important region. You wouldn't want to power your mobile phone with one of these beauties, but EnerVenue batteries are ... [+] great for stationary storage. The batteries that EnerVenue are going to market with have the same wonderful characteristics I mentioned in the first article. He answered that, in fact, they will perform in substantively the same way as Lithium-ion batteries when installed, but that – because EnerVenue batteries do not have the same cycle life constraints as Lithium-ion batteries – the software needed to manage charge / recharge cycles could be made much simpler.

Source: Forbes September 15, 2021 12:11 UTC