- StorEn battery shown in report that analyzes, issues recommendations regarding the sustainability of supply chain of technology critic elements (“TECs”)
- Inclusion of the image is indicative of StorEn’s commitment to sustainability
- The company is currently in the process of a RegA offering with four different investment tiers; each tier offers a different discount and reward
StorEn Technologies, a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology, and its proprietary residential 5kW/30kWh vanadium flow battery was shown in a recent report released by the Scientific and Technical Advisory Panel (“STAP”) (https://ibn.fm/QDwyi). The report is titled “Technology Critical Elements and Their Relevance to the Global Environmental Facility.”
The report analyzes and issues recommendations regarding the sustainability of the supply chain of technology critic elements (“TECs”), from green mining to end-of life-processing and recycling. According to the STAP, TECs are metals that are essential in the development of new technologies, such as energy storage, electronic devices, etc.
An independent group of scientists, the STAP advises the Global Environment Facility (“GEF”), which was established in 1992, “on the eve of the 1992 Rio Earth Summit.” The group aims to help tackle the world’s most pressing environmental problems in a variety of ways. Since its inception, the GEF has provided an estimated $20.5 billion in grants and mobilized an additional $112 billion in cofinancing for more than 4,800 qualifying projects in 170 countries. Through its Small Grants Programme, the GEF has provided support to almost 24,000 civil society and community initiatives in 133 countries.
The GEF works closely with the United Nations Environment Programme (“UNEP”); the two organizations focus on vital environmental challenges. The GEF and UNEP partnership has been involved in more than 1,000 projects and has inspired, informed and guided public policy making in more than 160 countries. Their work is focused on improving the quality of life and sustainability for future generations.
An image of StorEn’s residential vanadium flow battery is included in the report. Inclusion of the image is indicative of StorEn’s commitment to sustainability. Producing products with a battery life of 25 years and more than 15K cycles, the company 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.
The company 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. 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.
StorEn is currently in the process of a RegA offering with four different investment tiers; each tier offers a different discount and reward (https://ibn.fm/gApbc). With a proprietary product that answers the call for long-lasting, 100% recyclable, safe and affordable energy storage, StorEn and its disruptive, patent-pending, all-vanadium flow battery technology for energy storage holds real promise in a growing market.
For more information, 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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