Equinor Ventures leads a consortium of new and old investors with a €30 million investment to support Elestor’s ultra-rapid growth strategy
“Technologies providing long-term energy storage at scale will play an important role in satisfying the growing need to stabilise power markets,” said Gareth Burns, head of Equinor Ventures.
Dutch hydrogen battery promises 2 cents per kWh and lasts for decades
Article on TW.nl: A Dutch breakthrough in battery technology could keep the electricity grid stable for decades, at low cost and as a sustainable alternative to lithium batteries. This hydrogen–iron flow battery could significantly reshape large-scale energy storage.
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Hydrogen-iron flow battery could deliver 25-year grid energy storage with 80% efficiency
Article on Interesting Engineering: A Dutch battery manufacturer has developed a revolutionary hydrogen-iron flow battery that could reportedly power grids for decades while maintaining stable efficiency across tens of thousands of charge-discharge cycles.
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Article and interview in Solar365 magazine: Elestor to build largest hydrogen battery ever
For the energy transition to succeed, sufficient renewable generation is required, but also the ability to store that energy for longer periods. Technologies capable of storing energy between eight and one hundred hours can play a crucial role. A broad consortium has received €22 million in funding from the Dutch National Growth Fund for the so-called SLDBatt project (Sustainable Long Duration Battery), which focuses on long-duration electricity storage.
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