Noon Energy

Noon Energy

Develops scalable renewable energy storage batteries

Overview

Noon Energy develops battery technology for large-scale energy storage that helps utilities and industrial customers store renewable power for use around the clock. Its product is an ultra-low-cost, long-lasting, energy-dense battery designed to capture excess solar and wind energy when it is plentiful and release it when generation is low, such as at night or on cloudy days. The system works by deploying scalable battery modules that charge from renewable sources and discharge to the grid or on-site loads, enabling reliable 24/7 power. Noon Energy differentiates itself by prioritizing a low cost per kilowatt-hour and long cycle life to make long-duration storage economically viable at grid scale, targeting utility companies, renewable developers, and large industrial buyers rather than consumer devices. The company’s goal is to make clean energy dispatchable and dependable, increasing renewable penetration and grid stability by providing affordable, durable energy storage.

About Noon Energy

Simplify's Rating
Why Noon Energy is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

Early VC

Total Funding

$30.7M

Headquarters

Palo Alto, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Meta reserves 1 GW/100 GWh capacity, starting 25 MW/2.5 GWh project by 2028 for AI data centers.
  • $28 million Series A from Clean Energy Ventures and Aramco Ventures funds 2026-2028 commercialization.
  • Demonstrated 200+ hours discharge in thousands of operational hours with California Energy Commission support.

What critics are saying

  • Form Energy's iron-air batteries deploy 1 GWh projects at $20/kWh, capturing hyperscale deals by 2028.
  • High-temperature fuel cell degradation drops efficiency 20-30% over cycles, requiring redesigns in 2027.
  • CATL exports $15/kWh carbon LDES batteries via Aramco ties, undercutting Noon's pricing by 2027.

What makes Noon Energy unique

  • Noon Energy's reversible solid oxide fuel cell uses carbon-oxygen storage, avoiding mined metals.
  • System decouples power blocks from scalable carbon tanks for multi-day to seasonal duration.
  • Containerized design achieves 20-200x smaller footprint than flow batteries or pumped hydro.

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Funding

Total Funding

$30.7M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Parental Leave

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

2%

2 year growth

4%
Energy-Storage.News
Mar 19th, 2026
US 100-hour battery startup Form Energy's first overseas deployment 'set to fill a critical gap in Ireland's power system'

US 100-hour battery startup Form Energy's first overseas deployment 'set to fill a critical gap in Ireland's power system' March 19, 2026 A first project outside the US has been announced by Form Energy, the developer of a novel battery technology promising 'multi-day' duration energy storage. The company, led by former Tesla Energy executive Matero Jaramillo, is commercialising its proprietary iron-air battery, designed to deliver around a 100-hour duration of discharge at full rated power. In very simple terms, the system operates through the reversible oxidation (rusting) of iron, as explained in a 2021 Energy-Storage.news interview with CEO Jaramillo. Form Energy said yesterday (18 March) that a 10MW/1,000MWh project is planned in Ireland, through a partnership with developer FuturEnergy Ireland. The startup said it is 'anticipated' to come online in 2029, aimed at demonstrating the role multi-day energy storage can play in Ireland's energy system, from helping the country meet its energy and emissions targets to ensuring reliability, affordability and security of the electricity grid. Through the Electricity Storage Policy Framework, described by the country's government as a first-of-its-kind policy when published in 2024, long-duration energy storage (LDES), was identified as key to meeting those goals. "Form Energy's battery solution is set to fill a critical gap in Ireland's power system. Their pioneering 100-hour, iron-air battery technology will provide a first opportunity to deliver large volumes of clean power across multiple days, and in doing so provide a boost to Ireland's energy goals," FuturEnergy Ireland CEO Peter Lynch said. "The technology is modular, scalable and locationally flexible, enabling it to simultaneously solve local grid congestion and the linked issue of wasted renewable power." As reported by our colleagues at Solar Power Portal, while Ireland has been successful in growing its share of renewable energy generation, meeting around half of demand with renewables in December 2025, for example, the integration of that renewable energy, particularly wind, has been a new challenge for the grid operator EirGrid, leading to costly curtailment. Helen McEntee, minister for foreign affairs and trade and minister for defence for Ireland, attended a signing ceremony on 17 March - St Patrick's Day - at Form Energy's Massachusetts, US, headquarters. McEntee said the partnership "will help boost and expand Ireland's clean energy usage", adding that: "Ireland and the United States need to be able to work together to take on today's challenges, meeting the needs of affordable energy with new technologies." Multi-day storage could be widely applicable across Europe. Short-duration energy storage, typically through lithium-ion (Li-ion) battery energy storage systems (BESS), has been effective in filling gaps when the sun isn't shining and the wind is not blowing, but longer durations, including multiple days, could be useful for helping the grid run on variable renewable energy (VRE) long-term. After modelling the needs of the German grid, a team from energy consultancy Open Energy Transition wrote in a Guest Blog for Energy-Storage.news published in February that multi-day storage (MDS) "can lower system costs, strengthen grid support, and boost resilience during multi-day gaps." The Open Energy Transition authors added that the same approach "applies across Europe." The Ireland project comes a few weeks after tech giant Google signed an energy supply deal with utility Xcel Energy for a data centre in Michigan, US, that included, among other resources, 300MW/30GWh of Form Energy iron-air battery storage - making it the biggest announced battery storage project in GWh capacity terms in the world to date. As explored in a recent ESN Premium article, some questions were raised by industry commentators over the technology's low round-trip efficiency (RTE) by comparison to lithium-ion, although the counterargument to that is that Xcel and Form Energy believe the iron-air batteries will be low-cost enough, made using abundant materials and performing applications that don't require frequent heavy cycling, to be cost-effective. Some other tech companies have also begun looking at the promise of iron-air, with Dutch company Ore Energy grid-connecting a 100-hour pilot project in France with EDF last month. Meanwhile, another US startup, Noon Energy, has recently unveiled a demonstration project for its own reversible solid oxide fuel cell multi-day storage tech. 13 October 2026 London, UK Now in its second edition, the Summit provides a dedicated platform for UK & Ireland's BESS community to share practical insights on performance, degradation, safety, market design and optimisation strategies. As storage deployment accelerates towards 2030 targets, attendees gain the tools needed to enhance returns and operate resilient, efficient assets.

PR Newswire
Dec 11th, 2024
Elemental Impact Injects $18.6M Into Climate Technologies Creating Jobs And Local Economic Impact

Non-profit's strategic investment tackles the funding gap between climate innovation and widespread adoption.HONOLULU and SAN FRANCISCO, Dec. 11, 2024 /PRNewswire/ -- Elemental Impact , a leading non-profit technology investor, announced today $18.6 million in investments across 16 companies deploying projects in Texas, Nevada, Oklahoma, Colorado, Tennessee, and international markets.This announcement is part of the non-profit's larger investing strategy that includes initial investments to build a pipeline of critical climate companies and projects, follow-on funding to promising projects with local impact, and the newly announced Greenhouse Gas Reduction Fund (GGRF) program for later-stage commercialized technologies, for which investments are expected to be announced in the new year.These investments represent one of the many ways Elemental continues to tackle the $150B "Scale Gap," a critical challenge and funding shortfall climate companies face during first-of-a-kind (FOAK) and early commercial deployments. While these technologies have proven their potential, this funding gap often results in a lack of necessary capital to scale up these innovations, creating a barrier to the widespread adoption."We are seeing extraordinary demand for capital from entrepreneurs who are ready to scale, but who face a critical funding gap," said Dawn Lippert, CEO of Elemental Impact. "These 16 new investments prove that philanthropy can enable projects in rural towns, Tribal lands, urban areas, and wild ecosystems -- and unlock significant private investment."After vetting more than 7,000 companies this year, Elemental selected companies representing four emerging themes: accelerating the next era of U.S. manufacturing, building a resilient supply chain, strengthening rural and tribal access, and scaling a regenerative food system. They will now join a portfolio of more than 160 companies that have created over 10,000 jobs, all working to scale their solutions and create meaningful economic benefits in local communities

Contxto
Jun 13th, 2024
The Quiet Hero Of The Energy Transition

By Mark Dryden, WIND VenturesLast year, the US broke a record with 40 percent of electricity generated being zero-carbon. China added 216 gigawatts (GW) of solar in a year, or 14 percent of global capacity. As the world’s largest emitters, this is a cause to celebrate. The EU achieved 44 percent clean energy, with some rapid growth driven by Russian gas turning sour. Bored yet? Like climate tech reporting, I’ve introduced this piece discussing important but over-reported regions. But what about Latin America (LatAm)?. LatAm’s electricity mix is 60 percent renewable, twice the global average. Paraguay generates 99.9 percent of its electricity from hydroelectricity. Brazil has 33GW of solar capacity, and its 113GW of solar energy in the pre-construction stage is second only to China globally. Chile ranks second globally for solar photovoltaic potential, and its Magallanes Region is one of the best wind resources in the world, with a potential of 310GW

Securities.io
Nov 29th, 2023
The Future Of Utility-Scale Batteries

The Power Grid Need For BatteriesBatteries have evolved from a cheap component of small electronics to an expensive key component in the EV revolution. But there is another segment besides mobility that requires an increasingly large amount of battery capacity: the power grid.Renewables are growing as a part of total electric power generation. But they are also more intermittent than fossil fuel-based power plants, as they mostly produce power when the sun shines or the wind blows. This might not coincide with the time of peak consumption, often in the evening or winter. The power grid does not store any electricity but needs to be balanced between production and consumption at all times.So the more renewables generation, the more batteries will be needed to keep your power grid stable. This is a major area of new energy investment, with utility-scale battery projects scheduled to more than triple the current capacity by 2025.For now, a lot of these batteries parks are using lithium-ion batteries

Axios
Feb 6th, 2023
Here's which sectors raised funding in January

Noon Energy, a startup that makes high-density carbon-oxygen batteries, raised $28 million in Series A funding from Clean Energy Ventures and Aramco Ventures’ Sustainability Fund.

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