Vionx, National Grid, and US Department of Energy Complete Installation of one of the World’s Most Advanced Flow Batteries at Holy Name High School, Worcester, MA

Collaborative effort of energy leaders which also includes Siemens
and United Technologies Research Center delivers one of the largest
energy storage solutions in Massachusetts

WORCESTER, Mass.–(BUSINESS WIRE)–Executives with Vionx Energy and National Grid celebrated the completion
and commissioning of Vionx’s 3 MWh storage unit at Worcester, MA’s Holy
Name Jr. / Sr. High School at a ribbon cutting ceremony at the school
today. Designed for a 20+ – year lifetime, the system will store energy
from the school’s own utility scale wind turbine and a variety of
sources of power generation from the surrounding community, and
discharge it for up to 6 hours per day. The end result being that power
normally lost from intermittent sources will now be stored in the Vionx
unit on Holy Name’s campus. The energy storage system is one of the
largest energy storage systems in Massachusetts and one of the largest
flow batteries installed in the United States.

“We are delighted to play a key role in Holy Name’s efforts to reach
into the future of power generation and help students learn more about
our renewable energy future,” said Dr. Randhir Thakur, PhD,
Vionx Energy’s lead director. “Vionx Energy’s unique Vanadium Redox
Battery system represents a revolutionary, safe and reliable new path in
grid storage solutions for the long-run for both utility and distributed
scale applications.”

“This partnership represents a significant commitment to storage
technology and we are pleased to help in enhancing the capabilities of
the local energy delivery system,” said Bill Jones, Director
Solutions Delivery, National Grid. “There is no question that
storage will play a pivotal role in the future of our power grid given
the need for flexibility with a significant expansion of renewables and
distributed systems. We are excited to see this project come online.”

“Previously, the principal obstacle to our meaningful global transition
to renewable power was the absence of economically viable long-duration
energy storage,” said Robert F. Kennedy Jr., who serves on Vionx’s
board of directors. “Vionx’s breakthrough solution completely
changes the ballgame — affording utilities of all sizes greater
efficiencies in managing their generating assets; enabling home and
business owners to reliably generate and store their own power; and
presenting never before known options to policy makers to rationalize
our nation’s and states’ outdated energy policies. Renewables can now
provide baseload power everywhere. The consequences of that new reality
cannot be understated.”

Developed under the auspices of the US Dept. of Energy, the project drew
praise from US Congressman Jim McGovern, who represents Worcester and
has been a leader in support of the advancement of renewables in
Congress. “Smart partnerships like this that invest in innovation are
why Massachusetts continues to be a leader in renewable energy. I am
proud to support this important collaboration and thank all the partners
who came together to make this possible,” Congressman Jim McGovern
(MA-02) said. “This is a critical step forward for renewable energy
and a powerful example of why Massachusetts is a model in sustainability
that states around the country will continue to look to for inspiration.”

The system, which was constructed as part of a partnership with Vionx,
National Grid and Worcester Polytechnic Institute, will be used to test
and operate in 13 specific use case applications providing National Grid
with valuable data in helping to optimize their grid operations for
renewable energy assets. Not only does a grid scale battery provide
renewable energy when the wind is not blowing or the sun not shining, it
also acts much like a shock absorber when the electrical grid becomes
overly congested, eliminating the need for costly expenditures managing
grid overloads.

Vionx’s unique battery stack design was developed and engineered by
researchers at the United Technologies Research Center division of
Connecticut’s United Technologies Corp. and commercialized by Vionx
Energy. It is designed to make a long-duration, long life grid-scale
battery practical, resilient, and cost-efficient. The storage system
will help the school meet its goal of going off-grid by providing a
critical energy storage component and will offer a valuable learning
tool for students involved in the STEM Initiative. Vionx will also
provide an “Energy Learning Station” on site for students interested in
learning how the system works in conjunction with on-site sources of
power generation.

Vionx’s Vanadium Redox Battery system boasts an in-situ process that
maintains full storage capacity over a 20-year lifetime – unlike other
grid storage solutions such as Lithium ion or lead acid. The result is a
safe, long-run, affordable, and flexible grid storage solution that
provides utilities with added infrastructure resiliency and defers aging
asset replacement costs. Vionx Energy partners with world-class
organizations including United Technologies Research Center, 3M,
Siemens, Starwood Energy Group and Vantage Point Capital Partners to
deliver its unique Vanadium Redox Battery offering. Vionx has also
recently delivered a storage system to the U.S. Army at Fort Devens in
Massachusetts and is poised to announce additional projects in the
coming weeks.

About Vionx

Woburn-based Vionx Energy is a leading supplier of grid-scale energy
storage systems. Vionx’s Vanadium Redox Battery boasts an 8-10 hour
runtime with maintained capacity over a 20-year lifespan, delivering a
long duration energy storage solution that meets the needs of the power
industry.

Vionx delivers grid-scale energy storage systems designed to operate
beyond 20 years and offers a practical, resilient, and economical energy
storage solution at the lowest lifetime cost of ownership of any
grid-scale storage system. The company leverages partnerships with world
class technology leaders to deliver a bankable product backed by a
trusted pedigree. Ten companies — Vionx, United Technologies Corp.,
United Technologies Research Center, Starwood Energy Group, Siemens, 3M,
Vantage Point Capital Partners. XL Caitlin, New Energy Risk and Jabil—
have come together to license, finance, manufacture, insure and deploy
Vionx’s breakthrough vanadium flow storage system.

For more information, visit: www.vionxenergy.com

Contacts

Mahoney Communications Group
Colin Mahoney, 212-220-6045
[email protected]