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Primus Power
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Short description

Provider of low cost, long life and long duration energy storage systems

Founded in 2009
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters United States Hayward, United States
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Updated by Tom Stepien at Primus Power on 11/19/2019

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Date Company
05/23/2019

Chemehuevi Indian Reservation Chemehuevi Indian Reservation

Microgrid system at end of long utility feeder

Confirmed by Chemehuevi Indian Reservation

Partnerships
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Date Partner Type
09/20/2017
Eskom Eskom
A test and demonstration facility operated by South Africa’s main utility Eskom will trial Primus Power’s flow batteries, after a local developer was awarded a grant for the project by the US Trade and Development Agency (USTDA).
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Confirmed by Eskom
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IPO INFORMATION

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Date Investors Type Amount
09/25/2018 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Primus Power will work with the Columbia Electrochemical Energy Center to develop a long-duration grid energy storage solution by using a new approach to the zinc bromine battery, a popular chemistry for flow batteries.
Grant $3,500,000
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Products
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Product image Name Product status Revenue model Cost metrics

EnergyPod 2

Modular energy storage system available in 25 kW • 125 kWh increments. For microgrids, utilities and military customers.

Wide Commercial Availability Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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