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Rondo Energy
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Developer of a battery technology that stores wind and solar power to support industrial decarbonisation

Founded in 2020
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 4-6
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 United States
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Updated by at on 03/28/2025

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Date Partner Type
07/26/2024
Siam Cement Group Siam Cement Group
Siam Cement Group and Rondo Energy today announced plans to expand the production capacity of Rondo Heat Battery storage at SCG’s facility to 90 GWh per year,
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Confirmed by Siam Cement Group
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IPO INFORMATION

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Date Investors Type Amount
06/28/2024 Breakthrough Energy Catalyst Program Breakthrough Energy Catalyst Program , European Commission European Commission , European Investment Bank European Investment Bank (3)
Post-money valuation of
The funding will support three projects that capture low-cost intermittent energy from local and remote wind and solar resources, to deliver “drop-in decarbonization” for producers of food and beverage, clean fuel, and chemical production
Project Finance $80,000,000
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