Minister for Climate Graham Stuart said: “Accelerating renewables is key to boosting our energy resilience, as energy storage helps us get the full benefit of these renewables, improving efficiency and helping drive down costs in the long term.

“This £32.9m government backing will enable green innovators across the UK to develop this technology, helping create new jobs and encouraging private investment, while also safeguarding the UK’s energy security.”

Dr. Gavin Park, CEO at StorTera, said: “This is a really significant piece of funding for StorTera and we are excited that the Department for Business, Energy and Industrial Strategy shares our ambition and believes we can lead the way in developing sustainable long duration batteries.”

Read more in Scottish Financial News 

https://www.scottishfinancialnews.com/articles/stortera-secures-ps5m-to-develop-battery-tech