Organic flow battery firm CMBlu gets €100 million investment
Organic flow battery company CMBlu has secured €100 million (US$107 million) from technology and construction firm Strabag.
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Organic flow battery company CMBlu has secured €100 million (US$107 million) from technology and construction firm Strabag.
The project will evaluate CMBlu's non-lithium battery storage, which may store two to three times more energy than lithium-ion batteries.
Phoenix not-for-profit public power utility Salt River Project will install a pilot project with a unique long-duration energy storage system. The 5-MW,
Europe-based organic flow battery company CMBlu has won its second US project, a 5MW, 10-hour duration pilot system with Arizona utility Salt River Project (SRP).