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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 NRG Energy, Inc.

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Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. 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.

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Tsinghua team develops zinc-air fuel cell stack with high power density

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Researchers at Tsinghua University have developed a high-power-density zinc-air fuel cell (ZAFC) stack using an inexpensive manganese dioxide (MnO 2 ) catalyst with potassium hydroxide (KOH) electrolyte. Many efforts are focused on batteries and fuel cells, which can be used for EVs propulsion and large-scale energy storage.

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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

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Revolt’s zinc-air technology offers up to three times the energy density on a volumetric basis and twice on a gravimetric basis of lithium-ion, according to the company. In July, ReVolt and BASF entered a joint-development agreement to speed the development and commercialization of ReVolt’s rechargeable zinc-air battery system.

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Rechargeable Zinc-Air Battery Company Approved to Receive $6.8M in Loans and Tax Credits from the State of Oregon and City of Portland

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ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8 When fully depleted, the batteries degrade into environmentally-benign compounds.

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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. billion compared to $2.8 billion raised in 2018.

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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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The New York State Energy Research and Development Authority (NYSERDA) awarded a total of $1.4 million to six companies engaged in researching and developing energy storage systems. Funding recipients are all members of the NY Battery and Energy Storage Technology (NY-BEST) Consortium. Bettergy Corp.,