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Zinc-air battery company Eos Energy Storage raises $15M

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Eos Energy Storage, a developer of zinc-air grid-scale battery technology, completed its $15-million Series B financing round with participation from a syndicate of 21 strategic and financial investors. Eos has developed Znyth, a zinc hybrid cathode battery technology. Based on the. based NRG Energy, Inc.

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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

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Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. Battery Storage. In 2019, VC funding into Battery Storage companies increased by 103% to $1.7

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Arotech awarded contract to develop Li-ion prototypes for hybrid electric vehicles; 1st prototypes in 1Q 2013

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Defense supplier Arotech Corporation’s Battery and Power Systems Division has received an order to develop three prototype Li-ion batteries for hybrid electric vehicles from an unnamed German automotive supply company. We believe that between grid storage and electric vehicles there is significant promise for large format lithium ion.

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NYSERDA awards $1.4M to 6 projects for advanced energy storage technologies; Electromotive and Ioxus for heavy-duty hybrids

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Funding recipients are all members of the NY Battery and Energy Storage Technology (NY-BEST) Consortium. NY-BEST is an industry-focused coalition working to establish New York as a global leader in energy storage technology for heavy-duty transportation, electric grid and other storage applications. Bettergy Corp.,

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Kentucky-Argonne Partnership to Help Build US Advanced Battery Industry

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The Commonwealth of Kentucky, the University of Kentucky (UK) and University of Louisville (U of L) are partnering with the US Department of Energy’s (DOE) Argonne National Laboratory to establish a national Battery Manufacturing R&D Center to help develop and deploy a domestic supply of advanced battery technologies for vehicle applications.

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EV Everywhere Blueprint outlines DOE technical and development goals for EVs for 2022

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Technical targets in the Blueprint fall into four areas: battery R&D; electric drive system R&D; vehicle lightweighting; and advanced climate control technologies. Some specific goals for 2022 include: Cutting battery costs from their current $500/kWh to $125/kWh. Earlier post.). —Blueprint. Electric drive systems. kW/kg to 1.4

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Energy storage: the key to a decarbonised future

Setec Powerr

And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Battery storage. Batteries encompass a range of chemistries. Others solid battery types are nickel-cadmium and sodium-sulphur, while zinc-air is emerging. Mechanical storage.