MiningNewsBreaks – StorEn Technologies Inc.’s Collaborative Project Set to Bring Opportunity to Local Manufacturing Community

Company: StorEn Technologies Inc.
Category: Stock Spotlights

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://ibn.fm/mPKZi

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://ibn.fm/StorEn   

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