StorEn Technologies is a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology. The company takes pride in offering solutions that meet consumers’ demand for efficient, durable and cost-effective energy storage, enabling self-consumption of self-produced electricity and the transition toward a carbon-free economy. StorEn is involved in a project in Australia led by Future Battery Industries CRC, with QUT, research partners, state and federal governments, which allows researchers to test and develop safety standards for vanadium flow batteries. The 30-kWh battery is provided by Multicom Resources Limited in partnership with StorEn. A recent article, which contains excerpts from a writeup by Shay Chalmers, a key player in the project, notes, “Chalmers has been working with StorEn’s Australian partner Multicom Resources and a global team on the completion of a feasibility study regarding the construction of a StorEn manufacturing plant in Australia. The study will also examine the establishment of local manufacturing supply chains for the innovative vanadium batteries designed by StorEn.” “A switch to vanadium batteries and other renewables could save the Australian industry over $1.6 billion a year,” Chalmers said. “We are excited to see the opportunity this project will bring to our local manufacturing community.”
To view the full article, visit https://nnw.fm/ljOVv
About StorEn Technologies Inc.
StorEn has developed evolutionary vanadium flow batteries. Incubated at the Clean Energy Business Incubator Program (“CEBIP”) within Stony Brook University in New York, the company is building upon the strengths of vanadium flow batteries to revolutionize the world of residential and industrial energy storage. StorEn batteries deliver superior performances at a lower cost and fulfill market demand for more efficient and cost-effective energy storage. StorEn takes what vanadium batteries already promise — durability and sturdiness — and utilizes extensive R&D to focus on improving the electrical efficiency of the stack, the energy density of the electrolyte and the module. Through these processes, StorEn creates efficient, powerful, environmentally friendly batteries embedding its international patents. To learn more, visit the company’s website at www.StorEn.tech.
NOTE TO INVESTORS: The latest news and updates relating to StorEn Technologies are available in the company’s newsroom at https://nnw.fm/StorEn
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork