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EnerVenue Signs Order with Chinese Oil Producer

Source: Bloomberg

Energy Markets & PricesTechnology & InnovationRenewable Energy Transition

EnerVenue CEO Henning Rath said the battery startup's water-based nickel-hydrogen cells will be deployed at an oilfield in northern China. The installation represents a commercial application of its long-duration energy-storage technology, though no project size, financial terms, or deployment timeline were disclosed.

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