|Store energy at low costs|
EnStorage develops and commercializes low-cost Regenerative Fuel Cell (RFC) energy storage systems for power grid load levelling for solar and wind power generation plants. The company's storage system is based on proprietary technology, which is smaller, more efficient, and lower cost than state-of-the-art energy storage systems on the market. This Tel Aviv-based company is backed by top tier venture capital funds Greylock Partners, Canaan Partners, the Siemens Technology-to-Business (TTB) Fund and, since November 2008, Wellington Partners.
First investment: November 2008