Lithium-sulphur (Li-S) battery firm Oxis Energy is teaming up with energy solutions firm Anesco to launch its energy storage technology to the market.
The two companies have agreed a collaboration under which Anesco will install and manage Oxis' Li-S batteries in domestic and commercial buildings from 2016.
The batteries will enable homeowners and businesses to store excess energy produced by roof-mounted solar panels, relieving the strain on the grid during peak consumption hours. The batteries are light and easy to install alongside existing or new rooftop solar panel systems, says Oxis.
Adrian Pike, CEO of Anesco, said that Oxis' Li-S technology has "fantastic potential" and would help renewable energy technologies such as solar PV to grow and achieve grid parity.
"Storing energy and alleviating the strain placed on the grid, particularly at peak times, is a critical part of creating an electricity network that will support the needs of customers - both homeowners and businesses - as we decarbonise the UK electricity network," said Pike.
Huw Hampson-Jones, CEO of Oxis, said: "The development of effective energy storage solutions remains a key driver in achieving grid parity. As the Oxis technology becomes commercially available, it will contribute significantly to grid parity of renewable installations such as solar PV and is a major shift in how energy is produced and consumed, as it reduces CO2 emissions whilst reducing electricity bills at the same time."
According to Oxis, Li-S batteries are safer, lighter and have greater power density compared with the lithium-ion battery technology used in energy storage systems such as Tesla's Powerwall. Oxis' battery systems are also modular and can therefore be scaled to meet the user's needs.
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