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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.

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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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Total corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in 2019 was down by 22% with $3.8 Total corporate funding, including debt and public market financing, increased to $2.8 billion compared to $2.8 billion raised in 2018.

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How to Hasten India’s Transition Away From Coal

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cents/kWh, taking into account the depreciation, financing, and operation costs over the lifetime of the storage. Researchers at IITMRP are working on additional sources of renewable energy generation, including ocean, wave, and tidal energy, along with long-term energy storage, such as zinc-air batteries.

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