{"id":35611,"date":"2023-08-02T08:54:06","date_gmt":"2023-08-02T07:54:06","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=35611"},"modified":"2023-08-02T13:19:54","modified_gmt":"2023-08-02T12:19:54","slug":"elestor-energy-storage-experts-appoint-pieter-pijper-as-cfo","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/elestor-energy-storage-experts-appoint-pieter-pijper-as-cfo\/35611\/","title":{"rendered":"Elestor: Energy storage experts appoint Pieter Pijper as CFO"},"content":{"rendered":"<h2>Dutch energy storage pioneer <a href=\"https:\/\/www.elestor.nl\/\" target=\"_blank\" rel=\"noopener\">Elestor<\/a> has announced the appointment of Pieter Pijper as its Chief Financial Officer (CFO).<\/h2>\n<p>Pijper\u2019s industry-leading expertise will help Elestor accelerate the commercialisation of the company\u2019s groundbreaking hydrogen bromine flow battery \u2013 energy storage technology that promises to expedite the <a href=\"https:\/\/www.innovationnewsnetwork.com\/elestors-flow-battery-low-cost-reliable-energy-storage\/29797\/\" target=\"_blank\" rel=\"noopener\">clean energy transition<\/a>.<\/p>\n<p>Speaking on the appointment, said Guido Dalessi, CEO of Elestor, commented: \u201cPieter\u2019s skills, experience and proven judgement mean he is ideally suited to take on the task as we step up to the next level of professionalism.<\/p>\n<p>\u201cElestor is already well funded as investors have increased their commitments significantly in recent months, but there will obviously be further funding rounds soon to finance our ultra-rapid growth.<\/p>\n<p>\u201cDuring this coming phase, Pieter\u2019s ability to keep a close eye on the numbers will be more important than ever.\u201d<\/p>\n<h3>Pieter\u2019s impressive industry expertise will help drive Elestor forward<\/h3>\n<p>Pijper has extensive experience as a CFO and as a supervisory board member of large international corporations.<\/p>\n<p>He has undertaken fund-raising and initial public offerings (IPOs) preparations during corporate growth phases and has been instrumental in complex mergers and partnership agreements.<\/p>\n<p>Pijper explained: \u201cI have spent my entire career working with passionate experts in technical environments, usually for very large corporations. I expect my time at Elestor will be similar in that it will coincide with an evolution from a relatively small to a very large company.<\/p>\n<p>\u201cThis growth will be essential, not because size is a goal in itself, but instead because Elestor will need to become very large quite quickly in order to help power society\u2019s transition from fossil fuels to clean energy.\u201d<\/p>\n<h3>Elestor\u2019s energy storage technology enticed Pieter to the role<\/h3>\n<p>Pijper was attracted by Elestor\u2019s ambitions to create a clean energy system through its innovative hydrogen bromine flow battery.<\/p>\n<p>License to operate Long-term, large-scale energy storage will be vital to the energy transition, which is why he has also invested privately in Elestor.<\/p>\n<p>Pijper said: \u201cElestor clearly has a license to operate as it is devoted to a well-defined mission that will benefit a wide array of stakeholders, including the general public, current and future employees, investors and, of course, our customers.<\/p>\n<p>\u201cI look forward to becoming an active contributor to Elestor\u2019s journey towards becoming a huge, international company with an enormously positive impact on the climate as well as on the environment more broadly.\u201d<\/p>\n<h3>How does Elestor\u2019s hydrogen bromine flow battery work?<\/h3>\n<p>Elestor\u2019s flow batteries contain <a href=\"https:\/\/www.elestor.nl\/technology-the-elestor-solution\/\" target=\"_blank\" rel=\"noopener\">hydrogen and bromide<\/a>, which are both abundant materials. This makes a truly global energy transition possible without resulting in geopolitical disputes over scarce resources. The closed system is simple. A membrane separates the two chemicals.<\/p>\n<p>When charging, a chemical redox reaction starts, and an ion exchange occurs through the membrane, resulting in an electric current. During discharge, the chemical reaction is reversed. This process will often deliver the lowest levelised cost of energy storage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dutch energy storage pioneer Elestor has announced the appointment of Pieter Pijper as its Chief Financial Officer (CFO).<\/p>\n","protected":false},"author":15,"featured_media":35612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24204,23535],"tags":[24161,24418],"acf":[],"yoast_head":"\n<title>Elestor: Energy storage experts appoint Pieter Pijper as CFO<\/title>\n<meta name=\"description\" content=\"Dutch energy storage pioneer Elestor has announced the appointment of Pieter Pijper as its Chief Financial Officer (CFO).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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