#SET100 News: Voltstorage raises $25m in Series C funding from Cummins Inc., an industry-leading US-American developer and distributor of engines, and power generation products. ๐ Our 2020 finalists in the Energy Distribution & Storage category, Voltstorage develops and produces solar power storage systems based on the Vanadium Redox Flow (VRF) technology. VRF differs from lithium-based solutions as it is free from rare earth and conflict materials, completely recyclable, and has a high level of operational safety and durability. The SET Team congratulates them on this new investment, part of which will go to developing a new iron salt-based battery. ๐ #SET your sights on these innovative start-ups, helping accelerate efficient and flexible storage solutions. ๐ Find out more on @EnergyStorageNews ๐ bit.ly/3BMfKib Visit their homepage for more ๐ voltstorage.com #investment #energystorage #solar #energysolutions
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Great innovations towards solving the climate crisis.