Revterra develops flywheel energy storage systems that utilize a spinning rotor and passive magnetic levitation to convert and store kinetic energy, providing a high-efficiency solution for grid stabilization. Their technology addresses the declining stability of power grids as renewable energy sources increase, offering instant response times and a lifespan of over 20 years with minimal maintenance.
Funding
$8.5M 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.
EVSVFounders
Product
Problem
The increasing reliance on renewable energy sources is causing power grid instability due to their intermittent nature. Traditional energy storage solutions like chemical batteries have limitations in lifespan, efficiency, and environmental impact, hindering the widespread adoption of renewables.
Solution
Revterra offers a flywheel energy storage system that utilizes a spinning rotor and passive magnetic levitation to store kinetic energy, providing a high-efficiency solution for grid stabilization. The system converts electrical energy into kinetic energy by spinning up a steel rotor, which can then be drawn upon when needed. Revterra's kinetic stabilizers provide instant grid stabilization, enhanced resilience, and reduced reliance on costly power electronics. The modular design allows for scalability to meet the needs of various projects, overcoming the limitations of chemical batteries and other solutions.
Target Audience
Revterra's primary customers include utilities, commercial and industrial facilities, data centers, and rapid EV charging stations seeking reliable and sustainable energy storage solutions.
Features
- Industrial-scale modules providing 2 MW of power and up to 100 kWh of energy storage per unit
- Low-cost steel flywheel for kinetic energy storage
- Passive magnetic levitation bearing system for minimal wear and tear
- Category-leading 90% round-trip efficiency
- Instantaneous response time (<10 ms with power electronics)
- Lifespan of 20+ years with 40,000+ lifetime cycles
- Domestically-sourced recycled steel for a secure supply chain