Alsym Energy Revenue and Competitors

Electricity generation is shifting to renewables, but on their own, renewables can only be relied on for backup or supplemental power. It is only when wind and solar are coupled with storage that service level agreements supporting 24×7 delivery become possible and renewables can be considered as a primary power source.\n\nAlsym™ Energy has developed a novel, inherently non-flammable, non-toxic, non-lithium battery chemistry with system-level energy densities approaching lithium-ion and ability to operate at elevated temperatures. Alsym Green, the company’s first product for stationary storage, is the best option for residential and densely populated areas, high combustion environments and is an attractive option across cold, temperate, and warm climates. With low, industry-leading LCOS and software-configurable ability to support 2 - 110 hour discharge / 4-hour charge durations, Alsym Green is a single solution for use in short, medium, and long-duration storage applications. High-performance, low cost Alsym Green is ideal for grid-scale and microgrid applications as well as data centers, oil and gas, mining, manufacturing, ports, and heavy industry. Development is currently under way for Alsym’s next-generation chemistry, which will more than double Alsym Green’s energy density.