THE MOST ADVANCED
RENEWABLE ENERGY SOURCE
AN INTEGRATED VANADIUM-BASED ENERGY SOLAR+STORAGE SYSTEM
FOR HOME AND COMMERCIAL USE
INNOVATION
FOREVER ENERGY
SOLAR + STORAGE SYSTEM
Between now and 2027, American electricity utilities will retire 43,000 MW of generation capacity. Yet only 18,000 MW of capacity are planned to replace those retired plants.
How will we deal with an increasingly fragile electrical power generation and transmission infrastructure when we have:
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Extreme heat, as Seattle experienced in the summer of 2021
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Extreme cold, as Texas experienced in the winter of 2021, or
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The accelerating demand for power due to electric vehicles
FOREVER ENERGY'S FEv IS THE ANSWER.
The FEv gives customers control of energy expenses, independently of the utility. FEv is a solar+storage system which includes solar panels on the rooftop, a battery in the side yard, electric vehicle charging, and controls on smartphones and tablets.
Forever Energy's FEv vanadium-based solar+storage system
FEv is a true 30-year renewable energy solution for home and commercial markets; and is less expensive, cleaner and safer than other more widely deployed systems. With the FEv, customers will essentially eliminate electricity and gasoline expenses! Government incentives reduce the cost of the system, with less than a 4-year payback.
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DEPARTMENT OF
ENERGY LOAN
Forever Energy is in the process of filing for a $1.6 billion dollar loan from the United States Department of Energy that will support supply chain development and the build out of a mass manufacturing site in the Southeastern United States.
FOREVER ENERGY
BATTERY TECHNOLOGY
Vanadium flow batteries are a proven technology, first developed in the 1980’s in Australia. The United States Government Pacific Northwest National Lab (PNNL) developed the mixed acid electrolyte used in Forever Energy’s vanadium flow battery. The electrolyte is the key to creating an advanced battery that outperforms lithium and prior generation vanadium flow batteries.
Over the thirty-year life of an FEv solar+storage system, homeowners and commercial property owners will only need a single Forever Energy system to supply nearly 100 percent of their power; including the charging of multiple vehicles. Current popular lithium battery solar storage systems require twelve batteries over the same period with regular replacements every six to eight years.
SCALING UP
BATCH PRODUCTION TO MASS PRODUCTION
Forever Energy plans to establish its production facility in the Southeastern region of the United States. At this site, Forever Energy will produce, assemble and warehouse FEv systems. The former automotive plant will employ over 2,000 people, supporting employment while also stimulating the local economy.
VERTICALLY INTEGRATED
To deliver the lowest cost energy to homes and commercial markets, Forever Energy has created a vertically integrated company -- combining technology prowess, vanadium sourcing, system manufacturing, online customer sales and financing, system distribution and installation, and customer service and energy management services.
ENERGY
CUSTOMER ONLINE SALES & FINANCING
VANADIUM SOURCING MINING & WASTE2ENERGY
SYSTEM
MANUFACTURING
DISTRIBUTION
& INSTALLATION
CUSTOMER SERVICE & MANAGEMENT, DISTRIBUTED ENERGY
DECENTRALIZED
DISTRIBUTED ENERGY
GENERATION ON SITE
Traditional generation systems send power from large generation sites to consumers. Distributed generation systems gather power from many small sites which can function independently, or as part of the power grid. They increase efficiency, improve reliability, diminish emissions, and save consumers money.
Forever Energy’s FEv captures and stores solar power right where it’s going to be consumed. As it captures and converts energy faster, stores power longer and distributes more quickly, users of the FEv system will receive the energy they need when they need it. And excess energy may be fed back to the electrical grid, improving grid capacity and reliability, reducing emissions, and generating profit.
