United States
Urban Electric Power (UEP) is a Pearl River, NY-based clean energy spin-out company of the CUNY Energy Institute, established in 2014. The company is focused on commercializing the advanced zinc anode rechargeable battery technology first developed under the direction of distinguished professor of chemical engineering, Sanjoy Banerjee, Ph.D.
The UEP technology utilizes safe, non-toxic, 100% recyclable materials without lead, heavy metals, or flammable electrolytes. It offers substantial cost benefits compared to existing battery chemistries due to the extended cycle life, high capacity at high charge/discharge rates, and low cost of starting materials. Additionally, manufacturing UEP's line of batteries is substantially less expensive and more energy efficient than conventional lead acid battery production.
The company operates within the Energy, Renewable Energy, and Energy Storage industries and has recently received a grant investment on 25 October 2021 from Resilient Infrastructure + Secure Energy (RISE), signaling investment interest and support for UEP's innovative battery technology.
This investment is expected to further propel UEP's growth as it continues to establish itself as a key player in the clean energy and energy storage solutions market.
