Temasek Trust’s Catalytic Capital for Climate and Health (C3H) has participated in a £10 million ($13.6 million) Series A funding round in Certain Energy, the British long-duration energy storage company, according to an announcement.
The funding round was led by British Business Bank with participation from Centrica plc (Centrica), Ceres Power Holdings plc (Ceres).
The investment will be used to commercialise Certain Energy’s technology and prepare it for deployment to stabilise grids and provide power during periods of low renewables production.
This will include the development of a grid-connected MWh-class system in India, expansion of its research facility in the UK, and the creation of the supply chain needed to deliver replicable projects.
“As renewable energy deployment accelerates, the ability to deliver reliable, affordable clean power over longer durations will be critical. Certain Energy’s novel battery technology replaces traditional battery elements with earth-abundant materials such as manganese to deliver cost-effective and scalable long-duration storage performance with less environmental impact,” said Ryan Tan, Head, C3H.
Certain Energy, formerly RFC Power, is a UK-based long-duration energy storage (LDES) company spun out of Imperial College London in 2017. It develops manganese-based flow batteries designed to store renewable energy, stabilise grids and reduce reliance on gas peaker plants.
C3H is a catalytic vehicle by Temasek Trust that provides capital to innovative, early-stage companies in climate, health, and their intersection.
C3H focuses on companies that deliver tangible impact through bold, scalable solutions. Its activities are anchored by Temasek Trust’s impact areas of Planet, People, Peace, and Progress.
