Temporal Power, a Canada-based developer and manufacturer of flywheel electrical energy storage systems, has raised C$10m ($10m) in its series B round from a consortium including Enbridge Emerging Technology, a corporate venturing division of listed energy company Enbridge.

Northwater Intellectual Property Fund, a fund managed by Canadian venture capital firm Northwater Capital Management, reinvested in the B round having led Temporal Power’s A round of undisclosed size in July 2011.

Chuck Szmurlo, vice-president of alternate and emerging technology at Enbridge, said: “Having invested over $3bn in wind and solar projects, Enbridge recognizes the growing need for energy storage in the electricity system.

“Temporal Power’s technology is world leading and offers attractive opportunities to deploy electricity storage plants around the globe, thus enabling the growth of intermittent renewable power sources.”

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