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Renewable energy jobs at Elestor

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Arnhem 51–100 employees Energy storage · Hydrogen elestor.com
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Elestor
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About Elestor

Company Overview

Name

Elestor B.V.

Headquarters

Arnhem, Netherlands

Founded

2014

Size

Approximately 50 employees (source: rocketreach.co). The company has a revenue of $3 million, although this has not been publicly confirmed for 2023 or later.

What They Do

Elestor B.V. is a Dutch company focused on renewable energy storage, specializing in flow batteries for long-duration energy storage (LDES). Their technology initially includes hydrogen-bromine (HBr) systems that utilize abundant materials from seawater, resulting in storage costs that are 5-10 times lower than traditional solutions. These systems are not only cost-effective but also safe and easy to maintain, with a high energy density that allows scalability to tens of megawatts and hundreds of megawatt-hours (source: innovationnewsnetwork.com). Recently, Elestor has transitioned to hydrogen-iron flow batteries, enabling them to comply with regulations and further reduce costs (source: cbinsights.com). Their products are modular and stationary, aimed at large applications such as wind and solar farms, factories, and data centers.

Projects & Track Record

Elestor has completed several notable projects, including a prototype the size of a half shipping container in 2023 and the first commercial HBr flow battery installation in Kampen, Netherlands, in 2019. This installation, which utilizes 1,700 solar panels, enables the company to be self-sufficient and promotes the economic optimization of renewable energy (source: offshorewindinnovators.nl). Currently, Elestor is working on a 500 kW / 3 MWh hydrogen-iron industrial pilot set to launch in the summer of 2025 in Vlissingen, Netherlands, with plans to scale up to 250 MWh as proof of concept (source: elestor.com). Their clients include Vopak, Equinor, and various universities, highlighting their strong network in the sector.

Recent Developments

In the past two years, Elestor secured €30 million from Equinor and Vopak in 2022, part of a total funding of $32.53 million. They have also appointed Hylke van Bennekom as CEO starting January 1, 2025, reinforcing their focus on commercialization (source: hollandcircularhotspot.nl). The company has won several awards, including the Offshore Wind Innovators Jury & Audience Award 2022, and has plans for a pilot factory in 2025 aiming for an annual production of 1 GW by 2026 (source: elestor.com). These developments underscore their commitment to innovation and growth in the renewable energy sector.

Working at Elestor

Elestor offers a range of positions, primarily in R&D, operations, finance, and commercialization, to support the company's growth. The workforce has grown from 24 employees in 2020 to 55 in 2025, with plans to double to approximately 100-104 employees by the end of 2024 (source: elestor.com). The company culture emphasizes trust, knowledge sharing, and transparency, with a team comprising eight nationalities. This fosters a dynamic work environment focused on accelerating the energy transition (source: elestor.com).

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