Noon Energy develops a flow battery technology that provides economical long-duration energy storage, ensuring that renewable energy sources like solar and wind are available continuously. This technology addresses the challenge of energy intermittency, enabling reliable access to clean energy year-round.
Funding
$30.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EIFounders
Product
Problem
Renewable energy sources like solar and wind are intermittent, creating a need for cost-effective and long-duration energy storage solutions to ensure continuous availability. Current battery technologies often rely on expensive or scarce materials, hindering widespread adoption and affordability.
Solution
Noon Energy is developing an ultra-low-cost, long-duration, energy-dense flow battery designed to make renewable energy sources consistently available. The battery technology utilizes abundant materials to reduce costs and improve scalability. This approach addresses the intermittency challenge of renewable energy, enabling a reliable and sustainable energy supply around the clock.
Target Audience
The primary target audience includes utility companies, renewable energy project developers, and grid operators seeking economical long-duration energy storage solutions.
Features
- Flow battery technology for long-duration energy storage
- Utilizes abundant materials to minimize costs
- High energy density for efficient storage