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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. In 2019, VC funding into Battery Storage companies increased by 103% to $1.7 Smart Grid.

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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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million to six companies engaged in researching and developing energy storage systems. The companies, located throughout New York State, will use the funding to turn energy storage technologies with proven technical feasibility into working prototypes. Projects include: Battery Energy Storage Systems (BESS) Technologies LLC, $218,000.

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

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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. The Zinc8 ESS is based upon unique patented zinc-air battery technology. Oxygen is released to the atmosphere as a by-product.

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

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President Obama announced the DOE “Clean Energy Grand Challenge” in March 2012 with the goal of enabling US companies to be the first in the world to produce plug-in electric vehicles (PEVs) that are as affordable and convenient for the average American family as today’s gasoline-powered vehicles within the next 10 years.

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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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