XL Batteries
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XL Batteries
Producing and using energy efficiently and cleanly is essential to our future. Our technology will reduce waste within the existing energy infrastructure, and unlock the potential of renewables for a sustainable future. Less than 1% of the daily energy used in the US can be stored on the grid. 95% of this storage is pumped hydroelectricity, a legacy technology where excess energy is used to pump water uphill to a reservoir, for later release through a hydroelectric generator. We aim to bring widespread electrochemical storage to the grid for use anywhere, anytime.
Company details
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- Business Type:
- Technology
- Industry Type:
- Renewable Energy
- Market Focus:
- Globally (various continents)