article thumbnail

Zinc Battery Startup Eos Kept Afloat in a Lithium-Ion World. Is It Ready for the Public Markets?

GreenTechMedia

Eos Energy Storage spent 12 years building up a technology it says can rival the dominant lithium-ion batteries for storing grid power. Betting on growth in battery deployments is a solid proposition, but Eos occupies the riskier category of challengers to the dominant lithium-ion technology. energy storage deployments.

Lithium 130
article thumbnail

Mercedes battery pack plant in Alabama will shorten supply chain, reduce emissions

Charged

The Stuttgart-based automaker has invested a cool billion bucks in Bammy to convert production lines to its EVA2 platform and build the battery assembly plant. With a view to the future return of lithium-ion battery systems from Mercedes-EQ vehicles, the company is expanding its global battery recycling strategy.

Batteries 126
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leading companies are using IRA tax credits for clean manufacturing and technology. Are you?

EDF + Business

renewables manufacturers and for businesses that invest in energy efficiency and emissions reductions in industrial facilities. Second, the Advanced Energy Project Credit (§48C) incentivizes investments in clean energy manufacturing by providing businesses with a tax credit of up to 30 percent. announced plans to invest up to $1.2

article thumbnail

Elemental Excelerator to Fund 15 Climate Companies in 12th Cohort

Elemental Excelerator

Elemental Excelerator, a leading nonprofit investor in climate technology for deep community impact, introduced its latest cohort, bringing its total amount of investments to $79M. These 15 climate companies will join an existing portfolio of more than 150 investments. invested in Cohort 12, $7.2M Of the $12.5M

Soil 111
article thumbnail

Axiom Exergy Joins List of Commercial Storage Companies Pivoting to Software

GreenTechMedia

The Bay Area startup launched in 2014 with the thesis that lithium-ion batteries made little sense for businesses with high thermal loads, like grocery stores, and that thermal storage could optimize cooling and slash bills for considerably less upfront investment. But it also fundamentally alters the addressable market, Robbins said.

Cooling 130
article thumbnail

Ice Energy, Thermal Storage Evangelist, Files for Bankruptcy

GreenTechMedia

As lithium-ion batteries proliferated for grid storage, a small contingent of entrepreneurs pitched an alternative technology: thermal storage, which pre-heats or -cools a building to cut electrical usage during expensive peak hours. Ice Energy filed for Chapter 7 bankruptcy in December, in a setback for small-scale thermal energy storage.

article thumbnail

Greentown Startups’ Biggest Accomplishments of 2023

Greentown Labs

Department of Energy (DOE): a $57M contract for its first-of-kind, commercial-scale, lithium-hydroxide-manufacturing facility in Tonopah, NV, and a $20M contract to advance next-generation battery-recycling technologies. SmartAC.com raised a $22M Series B to ramp up sales of its HVAC-monitoring system.