Elestor’s breakthrough hydrogen bromine flow battery stores electricity at a fraction of the cost of traditional batteries, safely and with a long lifetime. Elestor has created the enabling technology for a 100% clean electricity supply. Low cost and abundant active materials are used, a compact cell that is easily manufactured, and a (patented) simplified system design.
A unique property of the Elestor technology is that it can be integrated in hydrogen infrastructures and electrolysers, thereby combining the 2 worlds of energy storage: with batteries and in the form of hydrogen.
Recently an investment, led by Equinor Ventures, endorsed both the technology and the ability to deliver following a comprehensive technical and operational due diligence. Other investors include the venture capital arm of the world’s leading independent tank storage company Vopak, Dutch impact investor Invest-NL (co-lead investor) and Somerset Capital Partners, as well as existing shareholders EIT InnoEnergy and Enfuro Ventures.