| Reference number |
2023-02970 |
| Coordinator |
Rivus AB |
| Funding from Vinnova |
SEK 3 050 000 |
| Project duration |
November 2023 - December 2025
|
| Status |
Ongoing |
| Venture |
Acceleration of deep tech companies |
| Call |
Acceleration of deep tech companies 2023 |
Important results from the project
The project met the planned objectives and has contributed to accelerating Rivus´ development towards commercial validation and market introduction of organic flow batteries. Through technical tests, product data sheets, confirmed pilot customer and preparations for pilot installation, both technical and business risks have been reduced. The project also strengthened the company´s credibility towards customers, partners and investors.
Expected long term effects
The project is expected to contribute to the accelerated commercialization of fireproof and metal-free energy storage with a European value chain. The project results have reduced the technical risks and created the conditions for customer pilot, business model validation and capital raising and industrial scale-up. In the long term, this is expected to strengthen Sweden´s position in sustainable battery technology and enable increased use of non-flammable, European-made energy storage.
Approach and implementation
The project was implemented according to plan through technical lab tests, initiated testing in a demo rig, close collaboration with suppliers, and dialogues with pilot customers. These activities reduced both technical and business risks ahead of the pilot phase. The project remained largely on schedule, with a minor delay managed through proactive dialogue and schedule adjustments. Collaboration with external partners functioned well and strengthened overall project feasibility.
External links
The project description has been provided by the project members themselves and the text has not been looked at by our editors.
