The Global Cleantech Cluster Association (GCCB) has recognised Advanced Battery Concepts (ABC) in the category „Best Smart Grid application”.
The GCCB honoured the US battery developer’s so-called Green Seal valve regulated lead-acid (VRLA) battery technology for grid applications, which entered commercial production this year. The battery is designed to use 45% less lead than standard VRLA batteries and aimed to reduce manufacturing costs as well as cost of ownership.
„Governments across the world are supporting the development of Smart Grid technologies. We see it as a key application for our products where the ability to store safe, reliable and cost-effective energy promotes the broader adoption of renewable power generation and grid efficiency,” said Ed Shaffer, CEO and founder of ABC.
The Later Stage Awards recognise innovative companies that work closely with their regional “cleantech clusters” to undertake activity with the potential to build sustainable green economies and create jobs. This year’s awards were judged by 22 cleantech venture capitalists, investors and serial entrepreneurs who collectively manage $3.5 billion in clean technology investment.
ABC joined the Advanced Lead Acid Battery Consortium (ALABC) earlier this year.