Energy storage set for major Inflation Reduction Act boost
President Biden signed the Inflation Reduction Act yesterday, bringing with it measures expected to boost prospects for energy storage.
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President Biden signed the Inflation Reduction Act yesterday, bringing with it measures expected to boost prospects for energy storage.
The Inflation Reduction Act tax incentives are expected to accelerate the adoption of domestic flow battery technology to help achieve energy independence...
The assets of Storion Energy, a vanadium redox flow battery (VRFB) technology company, have actually been purchased by Stryten Energy, an energy storage solution supplier. Storion's VRFB technology is excellent for applications that require greater than four hours of storage capacity to release clean energy on demand from eco-friendly resources such as solar and wind energy. These applications consist of utility-scale storage, microgrids and also army bases.
Battery maker Stryten Energy LLC has purchased one of its suppliers, injection molder Tulip Richardson Manufacturing (TRM) of Milwaukee.
Milwaukee-based Tulip Richardson Manufacturing (TRM) has been acquired by Georgia-based company Stryten Energy LLC, an energy storage solutions provider.