UK energy storage specialist Highview Power has orders for 4GWh of cryobattery projects across the US, Europe, and Latin America after a major funding round
Funding signals the critical role long duration energy storage will play in grid stability and energy transition Highview Power enters 2021 with 4GWh pipeline of CRYOBattery storage projects across.
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Highview Power Closes Growth Capital Funding Round with $70 Million
February 9, 2021 GMT
LONDON & WASHINGTON (BUSINESS WIRE) Feb 9, 2021
Highview Power, a global leader in long duration energy storage solutions, is pleased to announce that it has closed its Growth Capital round of funding with over $70 million, bringing the total amount of funding and grants the company has secured to date to over $145 million. The Growth Capital round includes the previously announced $46 million investment from Sumitomo Heavy Industries (SHI) and additional investments from strategic investors Janus Continental Group (JCG) and TSK, along with a $5.5 million contribution from the original and founding investors.