The vanadium flow battery company formed from RedT and Avalon will complete profitable projects in 2021. When two of the long-duration flow battery sector’s leaders ran into problems, a frequent partner, vanadium producer Bushveld Minerals, suggested they should discuss a merger. The U.K.’s RedT Energy and U.S. firm Avalon completed that process in March. The […]
Investors want a piece of Form Energy’s stealthy long-duration storage tech, even before its first commercial deployments. Form Energy raised a $70 million Series C to scale its super-long-duration energy storage technology. That investment was first reported by Reuters Friday, without naming the participating investors. It brings Form Energy’s total funds raised to around $120 […]
Consolidation could be just what the fledgling flow battery industry needs. Two flow battery companies are about to complete a months-long effort to combine forces. It’s a rare instance of elective M&A in this challenging sector of the energy storage industry, where acquisitions often happen after a bankruptcy or insolvency. North America’s Avalon Battery will […]
Startup bets on cheap and abundant zinc — and the emergence of a market for long-duration storage. Canadian startup e-Zn has raised money to store clean energy far longer than currently available batteries allow, using cheap and abundant zinc. On Wednesday, the company received CAD $2 million ($1.5 million) in non-dilutive grant funding from Sustainable […]
The big wins for long-duration storage always seem to be just around the corner. This year brought concrete signs of progress. Following long-duration storage is like rooting for a home team that’s always about to win next year. Lithium-ion batteries utterly dominate grid storage deployments these days. That’s great for the cost decline narrative, in […]
Save for a few rare announcements, the promising technology class has gone quiet. October’s SoftBank-led investment in iron flow battery startup ESS represented an unusual event in 2019: a piece of good news for the flow battery sector. The $30 million cash injection was a rare sign that there may still be life in an […]
The flow battery survivor marks the latest in a series of recent investments in unconventional long-duration storage technologies. Iron flow battery startup ESS raised an additional $30 million to take its technology from pilots to commercial scale. Since 2011, the company has been developing a low-cost, nonflammable long-duration storage technology to compete across domains where […]
The newfangled arrangement lowers the upfront price of vanadium flow batteries, potentially making them more competitive with lithium. When you’re competing with mass-produced lithium-ion batteries, every bit of cost reduction counts. The dominant energy storage technology benefits from massive economies of scale. Flow batteries, a major class of alternative storage technologies, lack that scale, and […]
The EPA released impressive fuel-economy estimates for the 2019 Toyota Corolla Hybrid. Indiana professors combine ethanol, and fuel-cell tech in affordable next-gen electric-car battery. One-step Plug&Charge comes to Greenlots chargers. And a report reveals that Tesla may be supplying batteries and motors for a new electric pickup from GM. All this and more on Green […]
The Montana-based startup will license its unconventional storage technology to a Chinese industrial consortium under a new deal. Flow battery maker ViZn Energy bounced back from a near-bankruptcy experience last year to land a deal with a Chinese industrial consortium. Many companies have failed in the quest to commercialize technological alternatives to lithium-ion batteries, which […]