Elestor B.V.

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Elestor has introduced an innovative electricity storage technology for large scale stationary applications (LDES), based on the flow battery principle. With this, the electricity storage costs (LCoS) are reduced to an absolute minimum. Low cost, abundant active materials are used, combined with a patented system design and easy to manufacture and compact cells. This triple cost reduction strategy enables introduction of viable business cases, which are essential to stimulate the adoption of electricity storage and thus to accelerate the energy transition. The technology has the potential to replace fossil power plants at GWh scale (bi-directional power plants) and has all the properties to become the equivalent in large-scale long duration electricity storage of what Lithium ion is today for mobility. The essential difference of the Elestor technology with conventional batteries is that power (MW) and capacity (MWh) are uncoupled: The Elestor technology is 100% modular and virtually any desired power-capacity combination can be designed, enabling very cost-effective bridging of long periods during which hardly renewable electricity is generated. With a progressing dependency on intermittent energy sources (sun, wind), this property becomes increasingly distinctive, if not decisive, for the energy transition to succeed. Another unique feature is that the Elestor technology can be integrated in hydrogen infrastructures and electrolysers, resulting in a large reduction of green hydrogen production costs. In a competition entered by 600 companies, Elestor is named as one of the 10 most innovative companies in The Netherlands by the Amsterdam Centre for Business Innovation (University of Amsterdam). Fueled by a Series A investment of 30M€, in a round led by Equinor Ventures with also Vopak joining, as well as by agreements with clients strategically adopting its innovative storage technology, Elestor has embarked on an ultra-rapid growth path.

Company Details

Employees
36
Founded
-
Address
Westervoortsedijk 73, Bldg Bf, Industriepark Kleefse Waard,netherlands
Industry
Renewable Energy Equipment Manufacturing
NAICS
Engines and Power Transmission Equipment Manufacturing
HQ
Arnhem, Gelderland
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News

Permissibility key to Elestor’s switch to hydrogen-iron flow battery - Innovation News Network

Permissibility key to Elestor’s switch to hydrogen-iron flow battery Innovation News Network

Dutch manufacturer makes switch from bromine to iron flow batteries due to ‘geopolitical turbulence’ - ess-news.com

Dutch manufacturer makes switch from bromine to iron flow batteries due to ‘geopolitical turbulence’ ess-news.com

Power and money: Why abundant materials are essential for long-duration electricity storage - Innovation News Network

Power and money: Why abundant materials are essential for long-duration electricity storage Innovation News Network

Dutch-based Elestor’s CEO Guido Dalessi to step down by 2024-end; successor named - Silicon Canals

Dutch-based Elestor’s CEO Guido Dalessi to step down by 2024-end; successor named Silicon Canals

Forging the future: How Elestor’s hydrogen-iron flow batteries strengthen Europe’s energy resilience - Innovation News Network

Forging the future: How Elestor’s hydrogen-iron flow batteries strengthen Europe’s energy resilience Innovation News Network

Award-Winning Hydrogen Bromine Flow Battery From Elestor - TaiyangNews

Award-Winning Hydrogen Bromine Flow Battery From Elestor TaiyangNews

Equinor Ventures invests in Elestor BV - Equinor ASA

Equinor Ventures invests in Elestor BV Equinor ASA

Hydrogen bromide flow battery for large-scale renewables storage - pv magazine International

Hydrogen bromide flow battery for large-scale renewables storage pv magazine International

European energy majors Equinor, Uniper get involved in flow battery investment and pilot project - Energy-Storage.News

European energy majors Equinor, Uniper get involved in flow battery investment and pilot project Energy-Storage.News

Elestor and Vopak jointly work on scaling up the capacity of the hydrogen bromine flow battery - ioplus.nl

Elestor and Vopak jointly work on scaling up the capacity of the hydrogen bromine flow battery ioplus.nl

Washington targeted ‘corrupt’ mines. Workers paid the greatest price. - The Washington Post

Washington targeted ‘corrupt’ mines. Workers paid the greatest price. The Washington Post

Indigenous Maya Q’eqchi’ Denounce Eviction Threats of New Communities in El Estor - Avispa Midia

Indigenous Maya Q’eqchi’ Denounce Eviction Threats of New Communities in El Estor Avispa Midia

The Elestor battery makes hydrogen gas-fired power plants obsolete - Innovation News Network

The Elestor battery makes hydrogen gas-fired power plants obsolete Innovation News Network

Elestor’s award-winning hydrogen bromine flow battery produces electrical power and hydrogen - Innovation News Network

Elestor’s award-winning hydrogen bromine flow battery produces electrical power and hydrogen Innovation News Network

Elestor’s flow battery electricity storage: The shape of things to come - Innovation News Network

Elestor’s flow battery electricity storage: The shape of things to come Innovation News Network

Elestor: Energy storage technology to shape the clean energy system - Innovation News Network

Elestor: Energy storage technology to shape the clean energy system Innovation News Network

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