Quino Energy is a startup focused on scalable, long-lifetime grid energy storage. The company is ramping up production of an aqueous flow battery utilizing specially designed reactants known as quinones, which are dissolved in water. These quinones are derived from low-cost coal and wood tar, making the technology more cost-effective than existing battery solutions, particularly for longer storage durations of 5-12 hours. Quino Energy holds a license for the quinone flow battery technology from Harvard University, where it was originally developed. Quino's storage solutions are well-suited for grid resiliency applications, including microgrids, transmission and distribution deferrals, and renewables storage for a variety of scales, from residential use to large solar farms. The company's batteries boast ultralow capacity degradation without generating hydrogen gas or necessitating frequent rebalancing. A notable advantage is their flexibility in siting, as they can be deployed in areas where fire or wildfire risk would preclude the use of conventional lithium-ion batteries. With its latest $1.25M Seed Round investment received on 13 February 2023, Quino Energy attracted support from prominent investors, including Doral Energy Tech Ventures, TechEnergy Ventures, and Energy Revolution Ventures. This funding infusion is expected to accelerate the development and commercialization of Quino Energy's innovative energy storage technology, further solidifying its position in the competitive energy and energy storage industries.
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