Cumulus Energy Storage

Private Pitch Preview

Oil & Gas Investment Opportunity – North East

About Cumulus Energy Storage

Overview

Cumulus Energy Storage aims to be the grid-level energy storage battery manufacturer

with the lowest cost battery technology, globally.

Problem

The electricity grid isnt designed to accommodate the increasing percentage of the variable and intermittent renewable generation. It needs a buffer and at present the only low-cost solution is pumped hydro. All extra energy is wasted if it isnt captured and stored.

Solution

A flexible and scalable 1-100MWh grid-level battery (copper/zinc) which can capture and store excess energy, cost-effectively.

Achievements to date

UK patent granted and international (PCT) patent pending.

Cumulus Energy Storage has been awarded an 800k grant from the UK government

raised 250k in seed funding.

Team

Nick Kitchin MBA, CEO. A professional engineer

Darron Brackenbury MBA, COO. Darron has managed two significant battery projects and floated a technology business on AIM in 2007

Mike Hurwitz, CTO

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Source: Icrowdnewswire