LiNa Energy on Energy Tech Startups
In this episode, we sit down with Will Tope, Chief Commercial Officer, from LiNa Energy, an energy tech startup focusing on a unique battery technology. Will shares insights into why their solution is different from traditional lithium-ion batteries, the challenges and opportunities they're seeing in the market, and the company's journey so far.
Key Takeaways:
- LiNa Energy aims to tackle the limitations of traditional lithium-ion batteries by introducing a new type of battery chemistry targeted at long duration storage.
- One of the main challenges is the inability of existing technologies to efficiently store and use low-cost, low-carbon electrons during peak demand hours.
- LiNa Energy's solution involves a novel ceramic electrolyte, which not only makes the system safer but also allows for automated, low-cost manufacturing. This technology comes from years of insight and development from the fuel cell industry.
- Uniquely Lithium-sodium technologies manage heat differently and don’t require the same heat management of traditional batteries.
- While they are still in the development stage, they have already demonstrated effective thermal performance and are attracting interest from investors.
- Will suggests that energy storage is topping the list of investment priorities for Corporate Venture Capitals (CVCs), highlighting its importance in the market.
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