Grid Instability Fuels €11.6 Million Raise for UK EnergyTech Startup Certain Energy
3 Articles
3 Articles
Certain Energy Raises $13 Million for New Low-Cost, Long Duration Energy Storage Solution
Energy storage technology company Certain Energy announced today that it has raised £10 million (USD$13.6 million) in a Series A funding round, with proceeds aimed at supporting the deployment of its long-duration, low cost solution to store energy to help stabilize grids and provide power during periods of low renewables production. Founded in 2017 as […]
Certain Energy raises £10M to tackle Britain’s £8B grid waste problem
Certain Energy, previously known as RFC Power, has raised £10 million in its Series A funding round, with the British Business Bank as the lead investor. Last year, the United Kingdom paid around £1.5 billion to renewable energy producers to reduce the amount they produced. The sum could reach £8 billion by 2030. Centrica, Ceres Power, and Catalytic Capital (part of the Temasek Trust) are also taking part in this round. The funds will be used to…
Grid instability fuels €11.6 million raise for UK EnergyTech startup Certain Energy
Certain Energy (previously known as RFC Power), a long-duration energy storage startup developing manganese flow battery technology, has raised €11.6 million (£10 million) in Series A funding to commercialise its technology and prepare it for grid-scale deployment. The round was led by the British Business Bank, which invested €4 million (£3.5 million), with participation from Centrica Energy, Ceres Power Holdings plc, and Temasek Trust’s Cataly…
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