Latest news with #XLBatteries
Sustainability Times
3 days ago
- Business
- Sustainability Times
'This Device Slashes Bills Instantly': Tech Giant Reveals Breakthrough Energy System That Could Cut Costs for 40 Million U.S. Homes
IN A NUTSHELL 🌿 Organic flow batteries offer a sustainable alternative to traditional lithium-ion solutions, reducing environmental impact. offer a sustainable alternative to traditional lithium-ion solutions, reducing environmental impact. 💡 The technology uses durable organic molecules, maintaining nearly 100% electrochemical efficiency with a projected lifespan of two decades. 🔋 By providing reliable energy storage, these batteries can support renewable sources like solar and wind, ensuring a steady electricity supply. ⚙️ XL Batteries is seeking partnerships to commercialize their innovation, with Texas identified as a prime location for grid-level storage demonstrations. In a world striving for sustainable energy solutions, a breakthrough in energy storage could redefine how we power our lives. A startup in Marlborough, Massachusetts, has unveiled an innovative organic flow battery poised to compete with traditional lithium-ion solutions for grid-level storage. This development promises to revolutionize the way we store renewable energy, offering a potentially lower-cost, scalable, and efficient alternative. As temperatures rise and extreme weather events become more frequent, driven by fossil fuel emissions, such technological advancements are not just timely but essential for a sustainable future. The Rise of Organic Flow Batteries The concept of flow batteries, though not new, has historically been held back by limitations such as high costs and corrosive materials. However, the startup XL Batteries has introduced a game-changing solution by utilizing organic materials that are both cost-effective and environmentally friendly. Unlike their predecessors that relied on expensive and corrosive components, these new batteries use durable organic molecules capable of holding a charge without degrading quickly. This advancement not only minimizes the environmental impact but also opens the door for more extensive deployment in stationary applications, where size and weight are less of a constraint. Tom Sisto, co-founder of XL Batteries, highlighted the compelling economics of their design. By using molecules stabilized in pH-neutral water, XL Batteries has created a system that maintains nearly 100% electrochemical efficiency. The result is a safe, scalable product with a projected lifespan of two decades, capable of powering tens of thousands of homes when scaled appropriately. This innovation is a critical step towards reducing dependence on fossil fuels and minimizing the carbon footprint of energy storage. 'This Solar Ship Is the Future of River Travel,' Declares Visionary Engineer as 192 Sun-Powered Panels Drive the World's First Inland Marvel Transforming Energy Storage for a Sustainable Future Flow batteries are engineered with a unique setup that includes a network of pipes, fluid holding tanks, and pumps. These components work in unison to transfer liquid past a membrane, converting chemical energy into electrical energy. This design allows for high power and long-duration energy storage, addressing one of the significant challenges of renewable energy sources: their intermittency. By providing a reliable method to store excess energy generated by solar and wind power, flow batteries can ensure a steady supply of electricity, even when natural conditions are not optimal. The importance of storing renewable energy cannot be overstated. As traditional lithium-ion batteries, like Tesla's Megapacks, rely on expensive materials sourced from international markets, the need for a more sustainable and cost-effective solution is evident. XL Batteries' organic flow battery offers a promising alternative, reducing reliance on foreign resources and promoting energy independence. This shift is crucial for supporting a greener grid and ensuring energy security in the face of increasing demand and climate challenges. 'These Unbelievable Clay Membranes Are Pulling Lithium Fortunes Out of Thin Water,' Roars Shocked Scientist as Global Battery Race Goes Into Overdrive Challenges and Opportunities in Commercialization Despite the promising attributes of organic flow batteries, there are hurdles to overcome before widespread adoption can occur. One of the primary challenges is the system's bulkiness, which limits its application to stationary uses. However, the potential for grid-level storage is immense, as these batteries can be housed in shipping containers, allowing for modular expansions based on energy needs. XL Batteries is actively seeking partnerships with power producers to demonstrate their technology's capabilities, with Texas identified as a prime location for such initiatives. The development of organic flow batteries aligns with government efforts to improve energy storage technologies. Research at institutions like Concordia University in Montréal focuses on reducing the size and enhancing the efficiency of these systems. As the commercial design nears completion, XL Batteries is poised to make a significant impact on the energy landscape. By providing a sustainable solution for storing renewable energy, this innovation holds the potential to revolutionize how we power our world. Buried Reactors, Silent Power: Deep Fission's Radical Nuclear Plan Could Revolutionize How the World Feeds Its Data Machines The Future of Clean Energy Storage As we look towards a future where clean energy is the norm, innovations in storage technology will play a pivotal role in achieving sustainability goals. XL Batteries' organic flow battery represents a significant leap forward, offering a practical solution to some of the most pressing challenges in energy storage. By reducing air pollution and enhancing grid reliability, this technology could drastically alter the energy landscape, paving the way for a more sustainable and resilient future. As the world grapples with the impacts of climate change, the need for efficient and scalable energy storage solutions becomes increasingly urgent. How will innovations like organic flow batteries transform our approach to energy and sustainability in the coming decades? 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Business Insider
24-05-2025
- Business
- Business Insider
Sector Spotlight: Trump executive order accelerates support for nuclear energy
Welcome to the latest edition of 'Sector Spotlight,' where The Fly looks at a new industry every week and highlights its happenings. Confident Investing Starts Here: NUCLEAR SECTOR NEWS: President Donald Trump signed orders meant to accelerate the construction of nuclear power plants, including small, newer reactor types. 'We're signing tremendous executive orders today that really will make us the real power in this industry,' Trump said as he signed the directives in the Oval Office, adding that nuclear technology 'has come a long way, both in safety and costs.' Trump was joined by Interior Secretary Doug Burgum, Defense Secretary Pete Hegseth and energy industry executives including Constellation Energy (CEG) CEO Joseph Dominguez and Jake DeWitte, the co-founder and CEO of Oklo (OKLO). Nano Nuclear Energy (NNE) announced the launch of a major irradiation testing program in collaboration with the Massachusetts Institute of Technology Department of Nuclear Science and Engineering. The two-year collaboration will investigate the thermal and radiolytic behavior of nitrate molten salts, commonly referred to as 'solar salts', to assess their viability in advanced nuclear energy systems for thermal energy storage and cooling applications. 'We are proud to support this world-class irradiation study at MIT,' said Jay Yu, founder and chairman of Nano Nuclear. 'Understanding how molten salts perform under radiation is essential to unlocking next-generation reactor designs, and this facility gives us the capabilities to do that without the use of any nuclear materials.' XL Batteries and Prometheus Hyperscale announced a multi-year agreement to deploy on-site long-duration energy storage systems at data centers. In the first phase of the partnership, XL Batteries will deliver and commission a 333 kilowatt demonstration-scale standalone organic flow battery at Prometheus' facility in 2027. After that, Prometheus intends to purchase one 12.5 megawatt / 125 megawatt-hour commercial-scale system in 2028 and an additional 12.5 MW / 125 MWh system in 2029. In May of 2024, Prometheus agreed to a deal to buy 100MW of energy from Oklo for its data center planned for farmland in Wyoming. ANALYST COMMENTARY: Wedbush raised the firm's price target on Oklo to $55 from $45 and reiterated an Outperform rating on the shares. The firm says that it is highly expected that President Trump will sign executive orders as soon as Friday aiming at jump-starting the nuclear energy industry by easing the regulatory process on approvals for new reactors and strengthening fuel supply chains. The E.O. is expected to be a significant tailwind for the industry, with Oklo being the one of the main beneficiaries as support from the U.S. Government has gained significant traction since the Trump Administration took over in the past few months. The company was on track to submit its former combined license application to the U.S. NRC by the end of 2025 and deploy its first commercial power plant at Idaho National Laboratory by the end of 2027, with this E.O. potentially accelerating the timeline through increased federal funding and a much more streamlined regulatory process. Goldman Sachs initiated coverage of Nuscale Power (SMR) with a Neutral rating and $24 price target, implying 1% downside from current levels. NuScale is a small modular reactor manufacturing company which will be an 'integral player in the global race to decarbonization,' the analyst told investors in a research note. The firm believes Nuscale Power provides investors with an attractive opportunity to invest in a pure play nuclear small modular reactor manufacturer which has first mover advantage. However, citing its new technology, licensing process, 'unproven' business model, and financial targets that remain uncertain, Goldman is taking a more balanced view on the stock at current valuation levels. Additionally, Goldman Sachs assumed coverage of Cameco (CCJ) with a Buy rating and $65 price target. The firm's view of accelerating nuclear energy growth, driven by existing as well as new reactor builds, in the backdrop of 'a relatively modest supply growth environment' positions it to be more bullish on the upstream portion of the value chain, with upstream uranium producers and fuel suppliers like Cameco poised to benefit from increasing demand as well as pricing tailwinds, the analyst noted. Raymond James lowered the firm's price target on NexGen Energy (NXE) to C$12 from C$12.50 and keeps an Outperform rating on the shares. Oklo reported Q1 earnings and provided several key operational updates, including that it completed borehole drilling for site characterization work at Idaho National Laboratory for its first Aurora Powerhouse, B. Riley told investors. The firm noted that OpenAI CEO Sam Altman last month stepped down as chairman of Oklo's board, and says this move could accelerate Oklo's ability to work with OpenAI by avoiding a conflict of interest in discussions between the companies. B. Riley sees a potential OpenAI deal as a meaningful positive catalyst for the stock. The firm has a Buy rating and $58 price target on Oklo shares.
Business Wire
14-05-2025
- Business
- Business Wire
Prometheus Hyperscale and XL Batteries Partner to Deploy Long-Duration Energy Storage Systems at U.S. Data Centers
MARLBOROUGH, Mass. & EVANSTON, Wyo.--(BUSINESS WIRE)-- XL Batteries, an energy storage company commercializing a revolutionary safe, low-cost and reliable grid-scale battery, and Prometheus Hyperscale (Prometheus), a leading developer of sustainable hyperscale data centers, today announced a multi-year agreement to deploy on-site long-duration energy storage systems at data centers. XL Batteries' non-lithium long-duration energy storage technology, deployed at Prometheus data halls, will safely store and discharge energy on-site to smooth compute load. Global power demand from data centers is forecasted to increase by as much as 165% by 2030. As grid reliability is threatened by aging infrastructure and adoption of intermittent renewable energy resources increases, on-site energy storage will play a critical role helping data center operators such as Prometheus maintain reliable 24/7 operations. In addition, data centers, particularly those with large clusters, require robust and agile battery solutions to handle the demanding compute load swings. XL Batteries' non-lithium long-duration energy storage technology, deployed at Prometheus data halls, will safely store and discharge energy on-site to smooth compute load. 'Our Organic Flow Battery™ will enable Prometheus to improve energy resilience, manage power quality and reduce carbon emissions,' said Tom Sisto, CEO and co-founder of XL Batteries. 'Deploying our technology at one of the largest hyperscale campuses in the world validates our vision and accelerates our path to large-scale commercial impact.' In the first phase of the partnership, XL Batteries will deliver and commission a 333 kilowatt (kW) demonstration-scale standalone Organic Flow Battery at Prometheus' facility in 2027. After that, Prometheus intends to purchase one 12.5 megawatt (MW) / 125 megawatt-hour (MWh) commercial-scale system in 2028 and an additional 12.5 MW / 125 MWh system in 2029. Going forward, both companies are aligned on a long-term vision for future deployments of XL's technology at Prometheus facilities, positioning Prometheus at the forefront of next-generation data center resilience and sustainability. Because XL's Organic Flow Battery is made from non-toxic, non-flammable and non-corrosive patented organic molecules, it is an ideal choice for Prometheus' sustainable hyperscale data centers. XL Batteries' patented chemistry is also derived from abundant, globally ubiquitous feedstocks and geographically diverse materials, insulating Prometheus from price increases due to supply chain fluctuations and geopolitics. "We need batteries that offer performance at or above lithium, without risk of overheating to deploy at our data halls,' said Trenton Thornock, Founder and CEO, Prometheus Hyperscale. 'XL Batteries' organic flow battery technology offers a scalable, long-duration, non-toxic energy storage solution that will help us to deliver the next generation of AI data centers. This partnership underscores our commitment to pioneering innovative solutions that set a new standard for sustainable infrastructure." About XL Batteries Founded in 2019 by the scientists who discovered our revolutionary, patented chemistry at Columbia University, XL Batteries aims to provide the energy industry with a low-cost, grid-scale Organic Flow Battery that will provide utility-scale energy storage with high efficiency and flexible duration. This revolutionary technology combines proven flow battery architecture with our patented, proprietary electrolyte chemistry to create the lowest cost, safest, and most reliable long-duration energy storage solution for grid operators, independent power producers, microgrids, data centers, and heavy industrial users. To learn more, please visit About Prometheus Hyperscale Prometheus Hyperscale, founded by Trenton Thornock, is revolutionizing data center infrastructure by developing sustainable, energy-efficient hyperscale data centers. Leveraging unique, cutting-edge technology and working alongside strategic partners, Prometheus is building next-generation, liquid-cooled hyperscale data centers powered by cleaner energy. With a focus on innovation, scalability, and environmental stewardship, Prometheus Hyperscale is redefining the data center industry for a sustainable future. To learn more, visit
Yahoo
14-05-2025
- Business
- Yahoo
Prometheus Hyperscale and XL Batteries Partner to Deploy Long-Duration Energy Storage Systems at U.S. Data Centers
Non-lithium batteries will safely strengthen energy resilience and reduce emissions at next-gen hyperscale facilities MARLBOROUGH, Mass. & EVANSTON, Wyo., May 14, 2025--(BUSINESS WIRE)--XL Batteries, an energy storage company commercializing a revolutionary safe, low-cost and reliable grid-scale battery, and Prometheus Hyperscale (Prometheus), a leading developer of sustainable hyperscale data centers, today announced a multi-year agreement to deploy on-site long-duration energy storage systems at data centers. Global power demand from data centers is forecasted to increase by as much as 165% by 2030. As grid reliability is threatened by aging infrastructure and adoption of intermittent renewable energy resources increases, on-site energy storage will play a critical role helping data center operators such as Prometheus maintain reliable 24/7 operations. In addition, data centers, particularly those with large clusters, require robust and agile battery solutions to handle the demanding compute load swings. XL Batteries' non-lithium long-duration energy storage technology, deployed at Prometheus data halls, will safely store and discharge energy on-site to smooth compute load. "Our Organic Flow Battery™ will enable Prometheus to improve energy resilience, manage power quality and reduce carbon emissions," said Tom Sisto, CEO and co-founder of XL Batteries. "Deploying our technology at one of the largest hyperscale campuses in the world validates our vision and accelerates our path to large-scale commercial impact." In the first phase of the partnership, XL Batteries will deliver and commission a 333 kilowatt (kW) demonstration-scale standalone Organic Flow Battery at Prometheus' facility in 2027. After that, Prometheus intends to purchase one 12.5 megawatt (MW) / 125 megawatt-hour (MWh) commercial-scale system in 2028 and an additional 12.5 MW / 125 MWh system in 2029. Going forward, both companies are aligned on a long-term vision for future deployments of XL's technology at Prometheus facilities, positioning Prometheus at the forefront of next-generation data center resilience and sustainability. Because XL's Organic Flow Battery is made from non-toxic, non-flammable and non-corrosive patented organic molecules, it is an ideal choice for Prometheus' sustainable hyperscale data centers. XL Batteries' patented chemistry is also derived from abundant, globally ubiquitous feedstocks and geographically diverse materials, insulating Prometheus from price increases due to supply chain fluctuations and geopolitics. "We need batteries that offer performance at or above lithium, without risk of overheating to deploy at our data halls," said Trenton Thornock, Founder and CEO, Prometheus Hyperscale. "XL Batteries' organic flow battery technology offers a scalable, long-duration, non-toxic energy storage solution that will help us to deliver the next generation of AI data centers. This partnership underscores our commitment to pioneering innovative solutions that set a new standard for sustainable infrastructure." About XL Batteries Founded in 2019 by the scientists who discovered our revolutionary, patented chemistry at Columbia University, XL Batteries aims to provide the energy industry with a low-cost, grid-scale Organic Flow Battery that will provide utility-scale energy storage with high efficiency and flexible duration. This revolutionary technology combines proven flow battery architecture with our patented, proprietary electrolyte chemistry to create the lowest cost, safest, and most reliable long-duration energy storage solution for grid operators, independent power producers, microgrids, data centers, and heavy industrial users. To learn more, please visit About Prometheus Hyperscale Prometheus Hyperscale, founded by Trenton Thornock, is revolutionizing data center infrastructure by developing sustainable, energy-efficient hyperscale data centers. Leveraging unique, cutting-edge technology and working alongside strategic partners, Prometheus is building next-generation, liquid-cooled hyperscale data centers powered by cleaner energy. With a focus on innovation, scalability, and environmental stewardship, Prometheus Hyperscale is redefining the data center industry for a sustainable future. To learn more, visit View source version on Contacts XL Batteries: Shiyun Fu, Antenna Group, xlbatteries@ Prometheus Hyperscale: Abby Pick, press@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
