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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. Initial pricing is expected to be $160/kWh.

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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. Smart Grid. Seventy-eight investors funded Smart Grid companies in 2019, compared to 69 in 2018.

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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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Arotech has substantial know-how in large format battery technology, having in the past, under its Electric Fuel name, successfully developed zinc air batteries that powered electric vehicles more than 250 kilometers in a single discharge. Through the end of September 2012, more than 5.2 —Arotech Chairman and CEO Robert S.

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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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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. This is the second of three rounds of funding to help members of NY-BEST move promising technologies toward commercialization. Bettergy Corp.,

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

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For the longer term, (2017-2027) while “beyond Li-ion” battery chemistries such as lithium-sulfur, magnesium-ion, zinc-air, and lithium-air, offer the potential of significantly greater energy densities, breakthrough innovation will be required for these new battery technologies to enter the PEV market, according to DOE.

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Kentucky-Argonne Partnership to Help Build US Advanced Battery Industry

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In the long-term, the center would help in the development of technologies that would enable a significant increase in energy densities, including lithium-air and zinc-air systems for vehicle applications and advanced batteries for cost efficient and long-life grid power storage applications.

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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. Others solid battery types are nickel-cadmium and sodium-sulphur, while zinc-air is emerging. But feasibility in today’s grid applications requires the application of the latest technologies.