Welcome to another edition of Aqueous Battery Brief, a news roundup created specifically for aqueous battery professionals. Estimated reading time: 2 – 3 minutes. Not yet a subscriber? Join here.
Adoption, Deals, and Funds
Allegro for Data Centers
Australian-based Allegro Energy makes the case for the firm’s microemulsion flow battery (MeFB) as ideal for data center demands.
“The Allegro LDES flow batteries are designed to grow parallel to a data centre’s needs,” explains a deep dive in Energy Storage News. “This allows incremental investment and deployment, making this model ideal for both hyper-scale facilities and edge data centres.” Head here for details.
ESS on the Upswing
Amidst a broader turnaround including 294% revenue growth in Q2, an 80% drop in monthly cash burn, and a $31 million funding package, iron-salt flow developer ESS has secured its first order for its Energy Base platform.
The 8 MWh project order is being hailed as a significant “proof-of-concept win.” “With nearly 2.5 GWh transacted across its global fleet, ESS is building a footprint in a market projected to hit $50 billion by 2030,” explains Nathaniel Stone in AInvest.
Storion + TerraFlow Collab
Storion Energy – a partnership of Stryten Energy and Largo Inc.— has entered a strategic supply agreement with LDES developer TerraFlow. The collaboration will focus on engineering, production, and process innovations to enhance efficiency and performance, meet market demand, and reduce costs. Read the full story at Energy Storage News.
Abound Energy Raise
Zinc-air battery manufacturer Abound Energy has raised approximately $410,000 in its first private placement tranche. The proceeds will support advancement and integration of Abound’s NOVARE resource recovery technology with the firm’s flagship zinc-based long-duration energy storage system, Zaeras™. Read the announcement.
Big, Beautiful Aqueous Battery Optimism
California-Style Energy
The California Energy Commission has issued its draft Electric Program Investment Charge report, highlighting the state’s electricity investments including awards to aqueous players Coulomb Technology, Eos, and Form Energy. Read the report.
Tax Credit Eligibility + Supply Chain Reliability
Energy Storage News shares cause for aqueous energy storage optimism, even in light of shifting government alliances.
- US energy storage projects that begin construction by the end of 2033 will remain eligible for investment tax credit (ITC) incentives.
- Meanwhile, abundant materials stand to insulate aqueous storage tech from tariffs and related issues. Key quote:“Citing the example of zinc hybrid cathode battery startup Eos Energy Enterprises, which claims to have a majority US supply chain, [BloombergNEF energy storage analyst Isshu Kikuma] said such alternatives could play a big role. Many of those alternative technologies, from Eos’ zinc battery to ESS Inc’s iron flow battery or Form Energy’s iron-air ‘multi-day’ battery, are being positioned as suitable for long-duration energy storage (LDES) applications.”
Go to Energy Storage News for details.
Meet Octet at Two Battery Events
- The Volta Foundation’s Women in Batteries Conference (July 30 – 31) will feature speakers including Octet’s Chief Commercial Officer, Emily Dickens.
- Dickens will also participate as co-chair of the Zinc Battery Committee at NAATBatt International’s Sodium-Zinc Battery Workshop (Nov 18-19).
We’ll see you soon.
⚡ Deliver your most competitive aqueous battery. Schedule a consultation with Octet. 🔋