Article from The Battery Show, July 17, 2013:
Valence Technology, a global leader in lithium phosphate advanced energy storage systems, has received a purchase order from Submergence Group for a 530 kWh subsea project requirement. Given the marine industry’s need for high reliability, safety, weight savings, and high cycle life, the choice of Valence provided major advantages over traditional battery technology such as AGM or other lead acid battery chemistries. “We are very pleased to be working with Submergence Group. This order is an example of Valence’s continued focus on providing cutting edge battery solutions to the marine industry,” said Joe Fisher, CEO and President of Valence Technology.
The 530 kWh system will consists of 400 of Valence’s 1.325 kWh modules, Valence’s in-house developed BMS (Battery Management System) and support from Valence’s world-class application engineering team that has helped hundreds of clients globally to successfully integrate Valence’s advanced energy storage systems into a wide range of applications.