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.

(Visited 1 times, 1 visits today)
OSHA ITA Cheat Sheet
Sponsored By: VelocityEHS

6 Things to Consider When Deciding Whether to Build or Buy Software
Sponsored By: Progressly

201 Sustainability Outlook Report
Sponsored By: Lucid

Incident Management 101
Sponsored By: VelocityEHS


Leave a Comment

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

Login Now
Translate »