The FootPrint Coalition is reporting on alternative grid batteries. 

Inlyte Energy, a California-based startup, is developing a novel grid-scale battery technology using iron and table salt, aiming to make renewable energy storage more affordable and efficient. The company, which recently raised $8 million in a seed round, plans to create batteries that are less expensive, safer, and more durable than conventional lithium-ion batteries. These iron and salt batteries, which can operate in extreme temperatures, are particularly suited for regions with high temperatures, a critical feature as the planet warms. Inlyte's batteries boast a storage duration of 4-10 hours, aligning with grid-scale requirements, and have no fire risk, unlike lithium-ion sodium-nickel batteries. The startup is building on technology acquired from UK's Beta Research and aims to engage with pilot customers soon, with plans for a U.S.-based factory in the future. The development is seen as a crucial step in making renewable energy sources like wind and solar more viable by providing efficient, economical energy storage solutions.

Source: The FootPrint Coalition

https://www.footprintcoalition.com/post/pass-the-salt-the-startup-making-alternative-grid-batteries-from-iron-and-table-salt

(This article was written with assitance from ChatGPT)

Written by Ursa Nova

More stories

Business - The FootPrint Coalition: The startup behind the deepest geothermal well on Earth raises $182 million to scale even further

The FootPrint Coalition is reporting on a startup working on geothermal energy.Eavor Technologies, an Alberta, Canada-based startup, has raised $18...

Business - The FootPrint Coalition: Could Toyota’s battery breakthrough be the “holy grail” for electric vehicles?

The FootPrint Coalition is reporting on battery technology. Toyota's recent announcement about bringing solid-state batteries to the market by 2027...