Stryten Energy Applauds Investments in Energy Security & U.S. Manufacturers With Passage Of Inflation Reduction Act
The Inflation Reduction Act tax incentives are expected to accelerate the adoption of domestic flow battery technology to help achieve energy independence powered by sustainable sources.Stryten Energy LLC, a U.S.
“Stryten Energy welcomes this legislation’s long-term, standalone energy storage investment tax credits and its ten-year runway, which will help our customers incorporate medium and long-duration energy storage such as VFRB batteries into their operations more economically than before,” said Tim Vargo, Chief Executive Officer of Stryten Energy. “Leveraging domestic VFRB technology and other long-term energy storage solutions will enable reliable access to clean power and help the U.S.
“Stryten’s patented flow battery technology is uniquely positioned to provide the safe, long-term, reliable on-demand energy needed to build a new economy powered by clean energy,” said Scott Childers, Vice President of Stryten Energy’s Essential Power Division.
Stryten Energy’s VRFB combines multiple innovations to achieve safe and reliable energy storage performance required for medium to long-duration needs:• Increased power density and reduced battery downtime• High-temperature ratings and thermally safeStryten’s VRFB technology is ideal for applications that require more than four hours of storage capacity to deploy clean energy on demand from renewable sources such as solar and wind energy.
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