StorEn Technologies could benefit as more people choose battery storage for residential energy storage. “Recent progress made in the battery-storage space makes residential energy storage more feasible than ever, and with available tax credits, the federal government is doing what it can to make the prospect even more appealing… That’s not the end of the incentives, however. Many states offer credits that could further reduce the cost of an energy-storage system,” notes a recent article. “These federal and state incentive programs are good indicators of the potential battery-storage systems have to make a difference in today’s world. StorEn is leading the way in developing evolutionary vanadium-flow batteries… In part, StorEn’s technology has enhanced the electrical efficiency of the stack and energy density of the electrolyte and module, ultimately reducing costs and improving performance. The company produces products with a battery life of 25 years and more than 15K cycles. [StorEn] takes pride in offering batteries 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.”
To view the full article, visit https://ibn.fm/yjsgI
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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