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all-iron flow batteries

ESS flow batteries first taker of Munich Re’s ‘performance insurance’

Fri, 03/08/2019 - 00:00 -- John Shepherd
ESS flow batteries first taker of Munich Re’s ‘performance insurance’

Munich Re has launched an insurance policy for battery manufacturers to insure against the risk of their products not delivering as promised.

The Germany-based insurance group said the move would allow manufacturers to offer long-term performance guarantees, “whose value is backed by the insurance coverage”.

And US-based all-iron flow battery maker Energy Storage Systems confirmed it was including 10-year insurance coverage on its long-duration energy storage products through Munich Re.

Munich Re
germany
europe
all-iron flow batteries
battery insurance
energy storage systems
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European debut for ESS all-iron flow batteries

Mon, 03/26/2018 - 20:41 -- John Shepherd
European debut for ESS all-iron flow batteries

All-iron flow batteries from US-based firm Energy Storage Systems’ (ESS) are making their debut in Europe under a contract with German chemicals group BASF.

ESS said two of its 50kw/400kWh ‘Energy Warehouse’ batteries ordered by BASF “set the stage for active market development on the continent”.

 

all-iron flow batteries
energy storage systems
europe
basf
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