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ICIG Ventures Invests in Octet Scientific Inc. to Support Advanced Electrolyte Solutions

ICIG Ventures Invests in Octet Scientific Inc. to Support Advanced Electrolyte Solutions

Jan 23, 2025 | Funding, Investment, Manufacturing, Press

Funding will help deliver critical electrolyte chemistry for emerging tech in the booming grid storage market. January 23, 2025 – Octet Scientific, Inc., a leading maker of specialty chemicals for safe, sustainable batteries, has received a strategic equity investment...
Zinc Batteries Take Headlines with Major Milestones

Zinc Batteries Take Headlines with Major Milestones

Jul 19, 2024 | Backup Power, Funding, Grant, Grid Storage, Investment, Manufacturing, Nickel-Zinc, Zinc-Air, Zinc-Bromine, Zinc-MnO2

The energy storage sector is experiencing a significant transformation, with zinc batteries emerging as a key player in the quest for safe, reliable, and efficient energy solutions. Recent developments across various companies underscore the growing importance and...
Department of Energy Grants $325 Million Boost to Long Duration Energy Storage

Department of Energy Grants $325 Million Boost to Long Duration Energy Storage

Sep 26, 2023 | Funding, Government, Grant, Grid Storage, Manufacturing, Project Announcements, Uncategorized

A Significant Stride for Long-Duration Energy Storage (LDES) In a significant stride toward a net-zero future, the Department of Energy (DOE) has recently allocated $325 million in grant funding to accelerate the development of long-duration energy storage...
The Department of Energy Backs Zinc Batteries for Grid Storage

The Department of Energy Backs Zinc Batteries for Grid Storage

Sep 6, 2023 | Funding, Government, Grid Storage, Investment, Manufacturing, Zinc-Bromine

Last week, Eos Energy Enterprises received a conditional commitment for a nearly $400 million loan from the Department of Energy’s (DOE’s) Loan Program Office (LPO). This is the first non-lithium battery technology that has been funded by the DOE’s LPO. This is a huge...
Zinc Battery Technology Gaining Momentum in the US

Zinc Battery Technology Gaining Momentum in the US

Jun 28, 2023 | Backup Power, Grid Storage, Investment, Manufacturing, Nickel-Zinc, Zinc-Bromine

The Zinc battery market is gaining momentum as leading firms are establishing themselves within the greater battery manufacturing industry. In this week’s zinc-battery technology news, EOSE’s share price is on the rise and ZincFive secured a hefty $80 Million loan to...
How the IRA Can Help Unleash the Potential of Non-Lithium Batteries

How the IRA Can Help Unleash the Potential of Non-Lithium Batteries

May 25, 2023 | Government, Grid Storage, Manufacturing

DNV and Utility Dive recently released a report on the opportunity for non-lithium batteries considering the IRA using Zinc Bromine battery manufacturer Eos Energy Storage as a prime example. Read our takeaways here:  The 2022 Inflation Reduction Act was a...
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