Cleantech Innovator Secures £3m Investment From Scottish National Investment Bank and Hitachi - Scottish Business News
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3 Articles
Investment to accelerate uptake of liquid air energy storage technology
Scottish clean tech company Innovatium Limited has secured investment from global industrial innovator Hitachi Industrial Equipment Systems. (HIES) and Scottish National Investment Bank (the Bank) to accelerate the deployment of its award-winning PRISMA Advanced Liquid Air Energy Storage (LAES) system, for industrial and grid-scale applications. PRISMA is a technology that provides long-duration, flexible energy storage for energy intensive busi…
Cleantech innovator secures £3m investment from Scottish National Investment Bank and Hitachi - Scottish Business News
Cleantech trailblazer Innovatium has announced an investment injection of £3 million from the Scottish National Investment Bank (SNIB) and Hitachi Industrial Equipment Solutions (HIES), set to accelerate commercialisation of its innovative liquid air battery technology. Based in East Kilbride, Innovatium is the pioneer behind the PRISMA Advanced Liquid Air Energy Storage system, designed to store excess renewable electricity and tackle the inter…
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