Quino Energy Receives Award from Tencent’s CarbonX Program for a MWh-Scale Island Microgrid Project in the Maldives
Quino Energy, a company developing water-based organic flow batteries, has been selected by Tencent for a grant, under its CarbonX program, to fund development of a MWh-scale battery system to demonstrate reliable clean energy generation for Himandhoo Island in the Maldives. The battery will be integrated into a larger microgrid featuring floating PV generation financed by the Asian Development Bank and will complement the ongoing Preparing Outer Islands for Sustainable Energy Development (POISED) project that will install terrestrial PV and lithium-ion batteries on the island.
The Quino Energy battery will provide the microgrid with essential energy storage capabilities to slash reliance on expensive imported diesel to generate electricity, reducing costs while providing a resilient power supply to the island. This energy supply will be critical to the island community’s safety and ability to continue daily operations in the face of extreme weather or fluctuating energy demands.
The project will be supported by Atri Energy Transition, which led Quino Energy’s Series A fundraising round in October 2025. They will be collaborating with Quino Energy to manufacture the proprietary organic electrolyte in nearby Pune, India, and will also provide Operations and Maintenance (O&M) support for the battery system at Himandhoo Island for at least five years after commissioning. Suqian Time Energy Storage will provide the flow battery hardware, and EPC and island microgrid specialist Sinosoar will take charge of installation, construction, and integration. Earlier in the month, the entire project team visited Himandhoo Island and met with representatives from the local council, as well as other representatives from the Maldives Ministry of Climate Change, Environment, and Energy in the capital, Male.
“Quino Energy is immensely grateful for the support from the Tencent CarbonX program to enable us to demonstrate our organic flow battery in a setting that can directly benefit a community,” said Eugene Beh, CEO and cofounder of Quino Energy. “This represents the first commercial deployment of the organic flow battery technology, in addition to government-supported projects we previously announced. The collaboration showcases how Quino’s technology will continue to enable cooperation between parties from across the world to rapidly advance the next generation of flow batteries.”
“We’d like to extend our congratulations to Quino Energy and all the stakeholders of this project,” said S. Kishore, founder of Atri Energy Transition. “The selection of Quino by Tencent for the CarbonX Award is an endorsement of organic electrolyte chemistry. We are happy to be part of the transition of this chemistry from pilot to commercial scale.”
CEO Eugene Beh will attend the CarbonX Award Ceremony today, June 24, organized by TED Countdown, in tandem with London Climate Action Week to accept this grant.
In the past year, Quino Energy closed its series A funding round, led by Atri Energy Transition, received a $10M grantfrom the California Energy Commission and secured $5M in funding from the U.S. Department of Energy’s Critical Facility Energy Resilience (CiFER) program to support a 5 MWh flow battery deployment in Southern California. Quino Energy also signed a Joint Development Agreement with Jena Flow Batteries, whose parent company Suqian Time Energy Systems is the flow battery hardware provider for the Himandhoo project.
Quino Energy | quinoenergy.com
Tencent | https://www.tencent.com/en-us/
