StorEn Technologies develops proprietary vanadium flow battery systems that provide long-lasting, cost-effective energy storage solutions for residential, industrial, and telecom applications. These batteries address the challenge of intermittent renewable energy generation by offering nearly unlimited storage capacity and a lifespan exceeding 25 years, while maintaining full discharge without capacity loss.
Funding
$12.7M 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.
Founders
Product
Problem
Renewable energy sources like solar and wind are intermittent, creating a need for efficient and long-lasting energy storage solutions. Traditional battery technologies often have limited storage capacity and shorter lifespans, hindering the widespread adoption of renewable energy. Additionally, reliance on peak-demand natural gas turbines leads to high costs and environmental concerns.
Solution
StorEn Technologies develops vanadium redox flow batteries (VRFB) that provide long-duration energy storage for residential, industrial, and telecom applications. These batteries offer nearly unlimited capacity and a lifespan exceeding 25 years without capacity loss, addressing the limitations of lithium-ion and other battery technologies. StorEn's VRFBs are designed for cost-effectiveness, safety, and environmental sustainability, utilizing a non-flammable, water-based electrolyte. The batteries can be fully discharged without degradation and retain value at the end of their service life, as the vanadium electrolyte can be reused. StorEn's technology aims to enable a greater transition to renewable energy by providing a reliable and scalable storage solution.
Target Audience
StorEn's primary customers include residential homeowners seeking reliable solar energy storage, industrial facilities aiming to improve energy efficiency, and telecom companies requiring durable and cost-effective backup power solutions.
Features
- Vanadium redox flow battery (VRFB) technology for long-duration energy storage
- 100% depth-of-discharge (DoD) without capacity loss
- Over 25-year lifespan or 15,000 cycles with proper maintenance
- Non-flammable and non-explosive water-based electrolyte for enhanced safety
- Patented Multigrids™ stack design for leading power density
- Patented Equilevels™ and Resafe™ technologies to extend battery duration and reduce maintenance
- Modular architecture to suit various residential and industrial installation requirements
- Battery Management System (BMS) for signaling maintenance needs
- Fully recyclable components, including reuse of vanadium electrolyte