An Oregon renewable energy clean technology startup has been awarded $175,000 in follow-on funding.
The company, eChemion, has developed a chemical treatment technology that triples the life of batteries used to store renewable energy.
With the recent round of funding, Oregon BEST, the state’s leading cleantech accelerator, has provided the company with $250,000 to develop its product.
That product reduces degradation of battery electrode arrays, the battery’s core, often made of carbon. That degradation usually means battery makers are compelled to replace the core every few years. However, the company’s treatment process extends the core life up to 20 years, according to Oregon BEST.