CMBlu receives $100 million investment to scale long-duration energy storage technology

6 months ago 115

Long-duration energy storage designer CMBlu Energy today announced that infrastructure technology group STRABAG SE is investing $106.7 million into CMBlu. The new capital will allow CMBlu to accelerate the manufacturing scale-up of its Organic SolidFlow battery technology, a redox flow design that uses a mixture of solid electrolyte and water-based electrolytes. “STRABAG and CMBlu Energy…

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