CMBlu receives $100 million investment to scale long-duration energy storage technology
Long-duration energy storage designer CMBlu Energy today announced that infrastructure technology group STRABAG SE is investing $106.7 million into CMBlu. The new capital will allow CMBlu to accelerate the manufacturing scale-up of its Organic SolidFlow battery technology, a redox flow design that uses a mixture of solid electrolyte and water-based electrolytes. “STRABAG and CMBlu Energy…
