The International Energy Agency (IEA) predicts a 350% increase in global renewable energy generation capacity by 2030.
Energy storage is crucial to enable a consistent and dependable supply of electricity as electricity consumption is expected to rise to 50%-70% of total energy consumption by 2050.
Quino Energy aims to deliver renewable energy at a lower cost than fossil fuels with their water-based organic flow battery.
The battery offers a cheaper installed cost of energy storage, is non-flammable, and has a longer operational lifetime compared to lithium-ion batteries.