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HK & CHINA GAS (00003.HK) Jiangsu Project First to Apply EnerVenue's Latest Energy Storage Technology
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HK & CHINA GAS (00003.HK) and EnerVenue (Jiangsu) jointly announced that a pilot project of fourth-generation aqueous metal battery (AMC) energy storage technology invested by HK & CHINA GAS has officially commenced operation in Jintan District, Changzhou, Jiangsu Province. The aqueous metal battery features durability, stability and safety, with a lifespan at least five times that of lithium batteries, and can operate normally under extreme temperatures. The technology has been officially deployed at an electric bus charging station equipped with a solar power generation system in Jintan District, marking its first global application and providing a new high-quality option for commercial, industrial and grid applications.

An electric bus charging station in Jintan District, Changzhou, Jiangsu Province, China, has become the worlds first project to adopt EnerVenues latest energy storage technology. The modular energy storage cabinet, operated by TG SMART ENERGY (01083.HK), a subsidiary of HK & CHINA GAS, is equipped with 50 aqueous metal batteries with a total storage capacity of 150 kilowatt-hours. The system conducts continuous charging and discharging cycles of 2 to 4 hours daily for the bus charging station and, combined with the solar power system, effectively reduces energy costs while delivering outstanding overall operational performance.

At present, lithium batteries generally have a design lifespan of 6,000 to 8,000 charge-discharge cycles and require buffering intervals between cycles. Under sustained high-frequency cycling, their performance may deteriorate rapidly and even pose safety risks such as thermal runaway.

In contrast, EnerVenues fourth-generation aqueous metal battery (AMC) energy storage technology demonstrates strong safety performance. It can operate stably in environments ranging from minus 20 degrees Celsius to 60 degrees Celsius, making it suitable for extreme conditions. In addition, the batteries contain no lithium materials or toxic electrolytes and can be easily recycled at the end of their lifecycle, offering environmental friendliness and low maintenance costs. (da/a)
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