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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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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. Smart Grid. billion compared to $2.8 billion 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. Eos Energy Storage, $250,000.

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JRC assesses EU RD&D investments in electric-drive vehicles; controls and energy storage top the list

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Controls and energy storage top the list. The greatest amount of investment is related to, in order of funding, controls; energy storage; vehicle body and architecture; and electric motors. HI-WI, iKRAVT); controls for energy storage systems (i.e. ID4EV); controls allowing grid integration (i.e.

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Zinc8 Energy Solutions creates wholly owned US Subsidiary in New York State

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The Zinc8 ESS is a modular Energy Storage System designed to deliver power in the range 20kW - 50MW with capacity of 8 hours of storage duration or higher. With the rechargeable zinc-air flow battery technology, the system can be configured to support a wide range of long-duration applications for microgrids and utilities.

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How to Hasten India’s Transition Away From Coal

Cars That Think

As renewable energy capacity grows, the only way to drastically reduce coal in the electricity mix is by adding energy storage. Although some of the newer solar plants and wind farms are being set up with large amounts of battery storage, it could be decades before such investments have a significant impact.

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