Funding Details
- Awarder
- RSS - climateinsider.com
- Date Award
- June 07, 2024
- Vertical
- Batteries
- Funding URL
- View Funding Page
Company Info
- Founders
- Yi Cui
- Company Description
- EnerVenue has developed an alternative to lithium-ion batteries for long-duration renewable energy storage. Their nickel-hydrogen technology, originally used in space applications, is being adapted for Earth use with a cost per kilowatt-hour expected to be below $80 at scale. The company is raising funds to construct a gigawatt-scale factory in Kentucky to produce these batteries.
- Market
- Renewable Energy Storage
- Location
-
Kentucky,
US
Links