UK firm to supply Mayur Renewables with product

UNITED Kingdom (UK) energy storage innovator Gelion has signed a memorandum of understanding with Mayur Renewables, a division of Mayur Resources, to supply the company with Gelion’s safe, affordable and scalable zinc-bromide battery technology.
Mayur Resources is a strategic supplier of resources and energy for Papua New Guinea, where it has operated for eight years.
Gelion’s chief executive officer Andrew Grimes said: “This is an important milestone for Gelion as we take our battery technology into full commercialisation.
“The heat-resistant Endure battery is ideal for conditions in PNG and we look forward to supplying Mayur with energy storage capability to support and boost their operations.”
With successful off-take, Mayur will also act as sales agent for Gelion in the PNG market.
Mayur managing director Paul Mulder said Gelion was an international battery technology pioneer that supported Mayur’s nation-building vision for PNG.
“It’s fantastic to get in on the ground floor with Gelion, which has the technology and lower-installed cost to enable Mayur to increase renewable energy penetration at a faster rate than with existing technologies,” Mulder said.
“Only 13 per cent of Papua New Guinea is electrified. Most of the current power generation capacity relies on diesel or heavy fuel oil, which is not sustainable in today’s energy market.
“Gelion’s robust and scalable zinc-bromide Endure batteries, coupled with large-scale solar energy could provide remote PNG communities with an affordable, renewable and robust solution for their energy needs, supporting the PNG Government’s commitment to achieve 70 per cent electrification by 2030.
“The MOU is for the provision of an initial 100 megawatt hours of energy storage from 2022 to 2027.”