Gyreenergy provides a thermal energy storage (TES) platform that captures excess cooling as low‑temperature thermal energy and releases it during peak demand, shifting electricity load and cutting energy costs for cold storage facilities. The system offers long‑duration, low‑cost storage compatible with existing refrigeration equipment, delivering precise temperature control while reducing emissions and improving operational flexibility.
Funding
$1.3M 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.
PAR3Founders
Product
Problem
Cold storage facilities consume a large share of global energy, with up to 90% of their electricity costs dedicated to refrigeration. This high demand creates peak load pressures, elevated operating expenses, and significant carbon emissions, while limiting flexibility in energy management.
Solution
Gyreenergy offers a thermal energy storage (TES) platform that captures excess cooling capacity as low‑temperature thermal energy. By storing cooling during off‑peak periods and releasing it when demand peaks, the system shifts electrical load, reduces energy costs, and lowers emissions without compromising temperature stability. The TES solution is designed for long‑duration operation, enabling cold storage operators to achieve greater operational flexibility and resilience. Integration with existing refrigeration infrastructure allows facilities to adopt the technology with minimal disruption.
Target Audience
Primary customers are large‑scale cold storage operators and refrigerated logistics facilities seeking to reduce energy expenses and carbon footprints while maintaining product quality.
Features
- Low‑cost thermal storage medium optimized for refrigeration applications
- Long‑duration cooling storage that can discharge over multiple hours or days
- Load‑shifting capability to move electricity consumption from peak to off‑peak periods
- Compatibility with existing cold‑storage equipment for straightforward retrofitting
- Real‑time monitoring and control to maintain precise temperature setpoints