Teraloop develops scalable flywheel energy storage systems that enhance the efficiency and lifespan of battery storage while providing reliable power during short blackouts and voltage fluctuations. Their technology addresses the unpredictability of renewable energy sources, enabling industrial applications to transition away from fossil fuels.
Funding
Funding not disclosed
Founders
Product
Problem
Renewable energy sources are inherently variable, creating unpredictability in power supply, especially for industrial applications. Batteries degrade with frequent charging and discharging, making them less suitable for applications requiring short bursts of power or frequent cycling. Traditional energy storage solutions may also have environmental drawbacks.
Solution
Teraloop develops flywheel energy storage systems designed to work in conjunction with renewable energy generation and battery storage. Their flywheel technology balances energy supply and demand by storing excess energy and releasing it when needed. The flywheels endure frequent charging and discharging better than batteries, extending battery life and providing reliable power during short blackouts and voltage fluctuations. Teraloop's patented hubless flywheel design and advanced electromagnetic stabilization system contribute to improved efficiency, lower costs, and reduced environmental impact.
Target Audience
Teraloop's primary customers are industrial facilities, renewable energy providers, grid operators, and transportation companies seeking sustainable and reliable energy storage solutions.
Features
- Scalable flywheel energy storage systems ranging from kilowatts to megawatt class
- Hubless rotor design for increased energy storage per unit mass
- Advanced electromagnetic stabilization system for frictionless operation and fire safety
- Complements battery storage by handling frequent charging and discharging cycles
- Suitable for applications such as light rail transport, EV charging, virtual power plants, and microgrids
- Integration with renewable energy sources to balance supply and demand
- Remote monitoring and control capabilities