The startup develops particle-based Concentrated Solar Thermal technology to produce zero-emission heat and power for industrial applications. This platform enables continuous operations with high-grade thermal energy exceeding 500°C, effectively meeting the energy demands of industries while significantly reducing carbon emissions.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many industrial processes require high-temperature heat, which is often generated by burning fossil fuels, leading to significant carbon emissions. Existing renewable energy sources may not be capable of consistently delivering the high-grade thermal energy required for these processes.
Solution
This startup offers a particle-based Concentrated Solar Thermal (CST) technology designed to provide zero-emission heat and power for industrial applications. The platform utilizes a field of mirrors to concentrate sunlight onto a receiver containing solid particles, which are then heated to high temperatures. These heated particles can be used to generate electricity or provide direct heat for industrial processes, offering a sustainable alternative to fossil fuels. The system is designed for continuous operation, delivering high-grade thermal energy exceeding 500°C to meet the energy demands of various industries while minimizing carbon emissions.
Target Audience
The primary target audience includes industrial facilities with high thermal energy demands, such as chemical plants, refineries, and manufacturing facilities, seeking to reduce their carbon footprint and energy costs.
Features
- Particle-based solar receiver capable of achieving high temperatures efficiently
- Integrated thermal energy storage for continuous operation, even when sunlight is intermittent
- Modular design allowing for scalability and customization to specific industrial needs
- Automated control system for optimized performance and minimal operator intervention
- Remote monitoring and diagnostics for proactive maintenance and performance tracking