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November 25, 2025

EnerVenue Achieves #2 Ranking Worldwide in Energy Storage and Distribution Category of TIME and Statista’s Top GreenTech Companies of 2025 List

The metal-hydrogen battery innovator was also recognized as a top company overall in World and U.S.  rankings

FREMONT, Calif. – November 25, 2025 – EnerVenue, a company pioneering the commercial deployment of high-efficiency metal-hydrogen batteries capable of more than 30,000 cycles, today announced its inclusion in TIME’s prestigious list of the World’s Top GreenTech Companies of 2025, as compiled by TIME and data firm Statista. EnerVenue ranked second in the Energy Storage and Distribution category, 10th overall among all U.S. Greentech companies and 18th among all Greentech companies globally. EnerVenue was the top-ranked battery manufacturer.

To establish its rankings, TIME and Statista evaluated more than 8,000 companies worldwide on three key criteria: positive environmental impact, based on the quality and impact of product/service portfolios specific to each industry; financial strength, analyzed using revenue, employee, and funding data from public sources and company disclosures; and innovation drive, based on the quantity and value of a company’s IP portfolio.

“The clean energy transition requires safe and flexible storage solutions that match the needs of today’s energy stakeholders,” said Yi Cui, founder and Chairman, EnerVenue. “TIME’s recognition and placement of EnerVenue underscores how our technology is addressing barriers to renewable adoption with durable, high-performance, and sustainable energy storage solutions. We’re proud of all that we’ve accomplished with our customers and partners and look forward to our next stage of growth.”

EnerVenue’s Energy Storage Vessels™ (ESVs) offer an ultra-long design-life of 30,000 cycles and exceptional flexibility via their highly configurable and scalable product architecture. Capable of cycling continuously without rest, the batteries use a water-based electrolyte and provide intrinsic safety without the risk of thermal runaway or fire propagation as seen with other chemistries, like lithium-ion. Additionally, ESVs can discharge at high efficiencies for periods up to 12 hours or more, providing large scale energy users with long duration capabilities. ESVs are also readily recyclable, making them especially sustainable and environmentally responsible.

About EnerVenue

EnerVenue builds the industry’s most flexible energy storage solutions for large-scale and long-duration applications. The company’s Energy Storage Vessels are simple, durable, and exhibit superior safety. Based on technology proven over decades under extreme conditions, Energy Storage Vessels are virtually maintenance-free and are designed to exceed a 30,000-cycle life. EnerVenue solutions are redefining how energy stakeholders view battery storage.

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December 6, 2022

EnerVenue Launches Energy Storage Vessels (ESVs), the Second-Generation of its Metal-Hydrogen Energy Storage Solution

The ESVs offer more efficient and flexible deployments of EnerVenue’s pioneering technology, with scalable and customizable large-format battery configurations ready to meet a wide breadth of customer and partner applications

FREMONT, Calif. – Dec. 6, 2022 – EnerVenue, the first company to bring metal-hydrogen batteries capable of more than 30,000 cycles to the clean energy revolution, today announced the launch of EnerVenue Energy Storage Vessels (ESVs), the company’s second-generation energy storage product.

EnerVenue ESVs continue to expand the company’s pioneering use of metal-hydrogen energy storage technology as an advantageous solution compared to lithium-ion and other alternatives. Based on decades of use with NASA and other aerospace applications, EnerVenue has significantly cost-reduced materials to bring—for the first time—unique battery durability, safety, and flexibility benefits to grid-scale, commercial and industrial deployments. The new ESV solution delivers unprecedented flexibility in how customers can stack and install the vessels to build and scale their energy storage capacity.

The ultra-long-life EnerVenue ESVs enable unique applications and business models for developers, integrators, and owners. Customers can cycle ESVs up to three times per day without rest, and the batteries have an expected lifetime of 30 years / 30,000 cycles. ESVs continue to deliver 86% capacity beyond 30,000 cycles, providing a second asset life that lithium-ion batteries cannot match. The solution’s metal-hydrogen technology further differentiates from li-ion by offering improved fire safety.  ESVs have been tested and demonstrate no thermal runaway or propagation risk, and there is no need for costly, preventative fire suppression systems. EnerVenue ESVs also significantly reduce OPEX and CAPEX costs compared to li-ion, delivering on expected ROI by eliminating any need for expensive augmentations, excessive oversizing, or extensive maintenance during a project’s lifetime. With recyclable components, ESVs are also more sustainable and environmentally responsible than li-ion.

EnerVenue ESVs offer a highly configurable and scalable product architecture that makes the products ideal building blocks for system integrators of all sizes and business models. ESVs similarly enable a more flexible breadth of deployment locations—and are built to thrive even in extreme temperatures and other environments where grid-scale li-ion batteries struggle. The product also features flexible charge/discharge rates and can discharge to 100% (deep discharges permanently damage li-ion batteries), giving system owners the latitude to capitalize on a broader range of revenue stream opportunities.

“Our new ESVs deliver a meaningful upgrade to the customization and ease with which customers and partners can plan—and expand—their utilization of our transformative and proven battery technology,” said Majid Keshavarz, Chief Technology Officer, EnerVenue. “As the applications using our technology have grown, we wanted to ensure we had a product that could match almost any use case. ESVs package EnerVenue’s incredible technology into a more flexible and efficient solution that we’re excited to bring to market.”

EnerVenue backs its ESVs with the Capacity Assurance extended warranty. Launched in October and the longest and simplest warranty of its kind, customers selecting Capacity Assurance are guaranteed 88% capacity for up to 20 years/20,000 cycles.

The company is already committed to providing seven gigawatt hours of ESVs as part of existing agreements with customers, including previously announced deals with Pine Gate Renewables, Sonnell Power Solutions, and Nicon-Industries-affiliated Green Energy Renewable Solutions. EnerVenue will begin shipping ESVs to customers in 2023.

About EnerVenue

EnerVenue builds simple, safe, and cost-efficient energy storage solutions for the clean energy revolution. Based on technology proven over decades under the most extreme conditions, EnerVenue batteries are refined and scaled for large renewable energy integration applications. The company is headquartered in Fremont, California.