Constellation logo energy manage

Constellation Joins Qnovo Funding Round

Constellation logo energy manageConstellation Technology Ventures – the investing arm of Exelon Corp. – has joined Qnovo’s latest Series B funding round.

Qnovo provides enhancements to lithium-ion batteries to improve performance. Qnovo, according to the press release, “will leverage Exelon’s deep knowledge” in the energy sector to expand into storage systems. Quotes in the release note the increasing importance of storage to grid reliability and as a way to support the growing existence of renewable resources.

Qnovo, the release says, offers patented adaptive charging algorithms and analytics to improve battery performance. The company says that it enables faster charging and a longer lifespan. Other investors include Sony, Intel and Rockport Capital.

The Massachusetts Institute of Technology is developing battery technology that offers increased storage capacity.

Choosing the Correct Emission Control Technology
Sponsored By: Anguil Environmental Systems

  
Your Facilities Hidden Value: 10 Benefits of Monitored Facilities Your Business Should Consider
Sponsored By: Ecova, Inc.

  
eBook: Driving Visibility and Harmonization in EHS Practices
Sponsored By: Sphera Solutions

  
Practical Guide to Transforming Energy Data into Better Buildings
Sponsored By: Lucid

  

Leave a Comment

User Name :
Password :
 
If you've no account register here first time
User Name :
User Email :
Password :

Login Now