Our Next Energy in Novi Debuts Long-duration Energy Storage

Novi-based Our Next Energy Inc. (ONE) has introduced Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage.
507
Aries Grid by Our Next Energy will provide long-term energy storage for renewables. // Courtesy of ONE
Aries Grid by Our Next Energy will provide long-term energy storage for renewables. // Courtesy of ONE

Novi-based Our Next Energy Inc. (ONE) has introduced Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage.

Manufactured in America, Aries Grid allows ONE to scale its investments in renewable energy infrastructure and grid reliability.

“Energy storage is the key to decarbonizing both mobility and the grid.” says Mujeeb Ijaz, CEO and founder of ONE. “With Aries Grid, ONE is servicing a market demand for safer and more sustainable utility-scale energy storage solutions that are, for the first time, cost competitive with fossil fuels, thanks to the Inflation Reduction Act (IRA).”

The IRA introduced tools that enables ONE and its customers to take advantage of product cost offsets and federal investment tax credits to develop Aries Grid. This support means that Aries Grid can be utilized with renewable energy capabilities to provide baseload generation, a previously cost-prohibitive exercise in many markets.

Leveraging ONE’s Aries transportation 79-kWh battery pack, Aries Grid will be offered in 2-, 3-, and 6-MWh modular units that allow for system customization. The lithium-ion energy storage system uses an LFP cathode chemistry that is more durable and has double the lifetime energy throughput of the nickel, cobalt, and manganese (NCM) chemistries which make up most commercially available stationary energy storage systems in the U.S.

With discharge times ranging from four to 12 hours, Aries Grid can create a renewable microgrid that provides 24×7 firm capacity baseload to power factories, data centers, and communities.

“Aries Grid offers utilities a versatile grid asset while providing businesses with a tool to help decarbonize their supply chains,” says Deeana Ahmed, vice president of strategy, policy, and sustainability of ONE. “With durable, sustainable, Michigan-built batteries, there is a real path forward to increasing renewable electricity across the U.S. and around the world.”

Last year served as evidence of the shifting landscape of energy in the U.S. In 2022, more than 60 percent of new capacity added to the country’s utility grid was based on renewable energy according to ONE.

More information about Aries Grid is available at one.ai.