– EVLO has 20 projects deployed, being built or contracted in the US, Canada, France, and an island in the Pacific, totaling around 525MWh
– The company’s approach to BESS technology prioritizes quality and safety over energy density, with their latest generation product, EVLOFLEX, having an energy density of 2.5MWh per unit
– EVLO’s parent company’s expertise in utilities and community acceptance of BESS projects near local populations gives them an advantage in the market
EVLO has 20 energy storage projects in progress in various locations, with a total capacity of around 525MWh. The company prioritizes quality and safety in its battery energy storage system (BESS) technology, even though it may not be as energy-dense as some other products on the market. Their latest product, EVLOFLEX, has an energy density of 2.5MWh per unit, compared to 5MWh for similar products from other suppliers. The issue of energy density has become more important as projects are built in areas with limited space.
EVLO’s project portfolio includes installations in California, Vermont, and Virginia in the US, as well as one in France and three in Ontario, Canada. The company’s parent company, a utility, provides valuable insight into customer needs and experience with community acceptance for BESS projects. EVLO previously used a specific LFP cell supplier for its projects but is now considering sourcing cells from US manufacturers as they become available.
Overall, EVLO’s focus on quality, safety, and customer satisfaction sets it apart in the BESS market, with a growing project portfolio and plans to adapt to changing market conditions and technologies.