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Energy Dome gets $44M uplift into its CO2 battery for renewable energy storage

TechCrunch

Italian climate startup Energy Dome , which has developed a “CO 2 Battery” for storing renewable energy, has closed a €40 million (~$44M) Series B round — bringing the total raised for its novel energy storage solution to €54M (or just shy of $60M). Europe, South America, India and Australia.

Energy 172
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Energy Dome uses CO2 for long-term power storage for solar energy

TechCrunch

Longer-term energy storage is a drag, and a lot of battery tech has been focusing on “how quickly can we charge these batteries so I can drive my EV for another couple of hundred miles.” The heat is stored in a thermal energy storage device. The system has up to 200 MWh in storage capacity.

Energy 248
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MGA Thermal raises $8M AUD led by Main Sequence for its modular energy storage blocks

TechCrunch

MGA Thermal wants to help utility companies transition from fossil fuels to renewable energy sources with shoebox-sized thermal energy storage blocks. The company says a stack of 1,000 blocks is about the size of a small car and can store enough energy to power 27 homes for 24 hours. Image Credits: MGA Thermal.

Energy 245
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Tesla’s solar business is tanking but energy storage is making up for it

TechCrunch

By the megawatt, solar installations are outpacing other energy sources in the U.S. this year — but you wouldn’t know it judging from Tesla’s latest reports. Once among the top three residential installers in the nation, Tesla’s solar business is in decline.

Energy 182
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EnerVenue raises $100M to accelerate clean energy using nickel-hydrogen batteries

TechCrunch

In order to support a buildout of renewable energy, which tends to over-generate electricity at certain times of day and under-generate at others, the grid is going to need a lot of batteries. They all see the future as, the energy mix is shifting. Stationary energy storage may have a different future.

Energy 245
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Malta’s energy storage tech to stabilize electricity grids reliant on renewables gets $50 million

TechCrunch

As energy grids transition away from fossil fuels and toward the use of zero emission sources of power from primarily renewable energy sources, they’re going to need an ability to store and then use the massive amounts of energy that’s only generated intermittently by the sun and wind.

Energy 142
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Endua creates hydrogen-powered clean energy storage, using tech from Australia’s national science agency

TechCrunch

Through the program, Paul Sernia, the founder of electric vehicle charger maker Tritium , was brought on to serve as Endua’s chief executive officer, working with Main Sequence partner Martin Duursma to commercialize the hydrogen-based power generation and storage technology developed at CSIRO. Ampol will serve as Endua’s industry partner.

Energy 188