Posts Tagged: Chakratec

Chakratec raises $4.4 million for flywheel storage technology for DC fast charging

Israeli startup Chakratec has raised $4.4 million from the iArgento Group and the Singaporean company Goldbell in a series C financing round. The company will use the new funding to conduct pilot projects with three European utilities. It hopes to receive its first orders later this year. Chakratec, established in 2013, has developed an energy… Read more »

Fast charging stations store energy with Chakratec’s kinetic power booster

The advantages of adding stationary energy storage to fast charging stations are well known. But chemical batteries may not be the only solution. The Israeli firm Chakratec, established in 2013, manufactures a kinetic energy storage solution based on a flywheel. Chakratec says its “kinetic battery” can provide a virtually limitless number of deep charge cycles… Read more »