The Net Zero Innovation Portfolio (NZIP) has invested over £200m in ClimateTech startups across the economy, supporting 199 firms at the cutting edge of climate innovation to grow, employ people across the UK, and accelerate their climate impact. RFC Power has been selected as a case study to highlight the benefits of this support on the development of innovative new technologies that will be part of the energy transition. Thanks to Department for Energy Security and Net Zero and The Carbon Trust for making this happen.
While wind and solar are among the cheapest forms of energy, storing that energy can remain a costly challenge. RFC Power is addressing this issue with its innovative manganese flow battery – a low cost, high efficiency solution for bulk energy storage. 🔋Long duration energy storage is an essential part of the transition to 100% renewable electricity. With support from the UK Government’s Net Zero Innovation Portfolio (NZIP), the team has gained access to expert technical support, connected with a community of innovators, and secured further investment to push its vision forward. 🎥 Discover more about the company’s journey and the impact of NZIP support by watching the video below. You can view other NZIP success story videos here ➡️ https://lnkd.in/e3qkJPTR #NZIP #CleanTech #Innovation #NetZero Department for Energy Security and Net Zero