Element Energy is a consultancy specializing in the energy sector, with a focus on strategy and policy development, particularly in the areas of hydrogen, electric vehicles, and energy storage. The firm provides expertise in techno-economic analysis, market analysis, and policy design to support the transition to a low-carbon economy.

Element Energy is an advanced battery management technology company founded in 2019 and headquartered in Menlo Park, California. We utilize proprietary hardware and software algorithms to improve the safety, intelligence, and economics of large-format battery systems. We seek to offer our technology solutions broadly across first and second-life energy storage and EV applications. Our shareholder base includes world-renowned renewable energy technology suppliers, asset owners, developers and investors. 

To learn more about Element Energy, visit ElementEnergy.com.

Keyframe Capital Partners

US Department of Energy

AFW Partners

Cohort Ventures

DRIVE Catalyst

Edison International

FM Capital

Prelude Ventures

Radar Partners

LG Technology Ventures

Mitsubishi Heavy Industries Compressor Corporation

Element Energy

Electric utilities in the US market have nearly doubled forecasts of the additional power they’ll need by 2028, according to a recent The New York Times article by Brad Plumer and Nadja Popovich. 
 
We’re excited to be a part of the evolving and rapidly growing energy industry in the US. Our battery management systems are making grid-connected batteries safer, longer lasting, and more efficient and in turn powering a clean electricity future. And, our second-life batteries make it possible to deploy a greater amount of energy storage now.
 
Read the full article here: https://lnkd.in/e-fbeG34

Today there are only two #battery manufacturing facilities online in the U.S. supplying modules or packs for the stationary storage market [source: American Clean Power Association (ACP)]. Yes, you read that right -- only two. 
 
While battery manufacturers work to grow their domestic presence, developers have another important option to support the growing U.S. supply chain for solar.
 
Enter: second-life batteries. Safe and efficient battery reuse is more important than ever to facilitate further renewables integration and we’re proud to be developing the technology and the projects needed to enable efficient battery reuse at scale.
 
More here: https://lnkd.in/gbK6eNRw

We are excited to be recognized by TIME in their list of America’s Top GreenTech Companies for our innovative technology and positive environmental impact. This recognition highlights our contribution to the circular economy for second-life batteries and our battery management technology that makes grid-connected batteries safer, longer lasting and more efficient.
 
We are advancing the global energy transitions through our second-life batteries and battery management systems.

https://lnkd.in/gfp3a6G2

2023 was a breakout year for #energystorage additions to the U.S. grid – with 7.9 GW of new #energystorage capacity added (nearly double the 4 GW brought online in 2022), according to the American Clean Power Association (ACP)'s recently published 2023 Annual Market Report.

With this rapid growth comes a need for better control of the #batteries being installed across the #US to ensure our #grid remains reliable and resilient. As the #batterystorage market soars, we’re invigorated more than ever to continue investing in and deploying our adaptive battery management systems to improve the safety, lifetime and efficiency of batteries.

#BMS #batterymanagementsystem #energystoragesystems #SaaS

We’re pleased to announce today that we’ve successfully raised $111 million, including $73 million to close out our Series B and a $38 million debt facility. 
 
The round is co-led by one of the largest clean energy generation companies in the US and Cohort Ventures. Mitsubishi Heavy Industries, DRIVE Catalyst, FM Capital, and AFW Partners joined the round, along with existing investors LG Technology Ventures, Edison International, Prelude Ventures, and Radar Partners.
 
Debt and equity capital was provided by Keyframe Capital Partners.
 
Element was founded with the mission to speed the adoption of #cleanenergy with technology honed in the #semiconductor industry. As the number of new #batterystorage installations continues to soar, our market-leading partners are realizing the value of improving the safety, lifetime, and efficiency of #batteries. 

With the additional capital and global partnerships from our Series B, we will further invest in and deploy our technology across target markets and applications.
 
Learn more via Bloomberg: https://lnkd.in/dKWpnPKv and at https://lnkd.in/d6w2FfHa. 

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Element Energy

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