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Kyoto Group
https://www.kyoto.group/Last activity: 03.05.2022
Active - Reference to Kyoto Group AS
Kyoto Group develops an innovative, low cost and modular Thermal Energy Storage solution, that uses hot nitrate salt for use on demand in industrial processes and to generate power.
The industry is the next sector for decarbonization, and Thermal Energy Storage offers the same benefits as battery electrical storage at a lower cost with no degradation. Kyoto Group develops a thermal energy solution that enables a predictable supply from intermittent energy sources like wind and solar. The system is called HeatCube Thermal Battery and utilizes a modular containerized configuration with an external circulation system to transport liquid salt at very high temperatures for process heat systems. Additionally, the system may be connected to steam turbines to make electricity and set to discharge during peak hours for power grid stability and utility costs.
Today, the industry represents one third of the total energy consumption. 74% of the industrial energy consumption is used for thermal energy, of which 90% is based on fossil fuels. Kyoto Group is developing solutions for the industry to reconfigure their need for coal- and fossil powered plants and decarbonize their businesses. Kyoto Group holds a scalable business model to cater further European and global expansion.
– Valinor
The industry is the next sector for decarbonization, and Thermal Energy Storage offers the same benefits as battery electrical storage at a lower cost with no degradation. Kyoto Group develops a thermal energy solution that enables a predictable supply from intermittent energy sources like wind and solar. The system is called HeatCube Thermal Battery and utilizes a modular containerized configuration with an external circulation system to transport liquid salt at very high temperatures for process heat systems. Additionally, the system may be connected to steam turbines to make electricity and set to discharge during peak hours for power grid stability and utility costs.
Today, the industry represents one third of the total energy consumption. 74% of the industrial energy consumption is used for thermal energy, of which 90% is based on fossil fuels. Kyoto Group is developing solutions for the industry to reconfigure their need for coal- and fossil powered plants and decarbonize their businesses. Kyoto Group holds a scalable business model to cater further European and global expansion.
– Valinor
Location: Norway, Oslo
Investors 1
| Date | Name | Website |
| - | Valinor | valinor.no |
Mentions in press and media 5
| Date | Title | Description |
| 03.05.2022 | Kyoto Group and Hydro REIN sign MoU to develop combined renewable energy and thermal energy storage solutions for industrial players | Kyoto Group and Hydro REIN sign MoU to develop combined renewable energy and thermal energy storage solutions for industrial players Tue, May 03, 2022 19:19 CET Report this content Oslo, 3 May 2022 “We are very happy to announce this collab... |
| 28.04.2022 | Kyoto Group Annual Report 2021 | Kyoto Group Annual Report 2021 Thu, Apr 28, 2022 08:02 CET Report this content Oslo, 28 April 2022 - Kyoto Group AS (“Kyoto Group”) today published its Annual Report for 2021. The company is fully engaged in executing its growth strategy of... |
| 19.04.2022 | Camilla Nilsson appointed as Kyoto Group’s permanent CEO | Camilla Nilsson appointed as Kyoto Group’s permanent CEO Tue, Apr 19, 2022 19:08 CET Report this content Oslo, 19th April 2022 - Kyoto Group AS (Kyoto) board of directors has appointed Camilla Nilsson as permanent CEO of Kyoto, after servin... |
| 24.03.2022 | Kyoto Group establishes business unit in Spain, by acquiring Mercury Energy | Kyoto Group establishes business unit in Spain, by acquiring Mercury Energy Thu, Mar 24, 2022 08:00 CET Report this content Oslo, 23 March 2022 – Kyoto Group AS (Kyoto) announces the acquisition of Mercury Energy S.L. from Andrés Barros Bor... |
| 20.08.2021 | KYOTO Group: First half 2021 - Moving from start-up to scale-up | Oslo, 20 August 2021 - KYOTO Group AS ("KYOTO Group" or "the Company") today reported its results for the first half of 2021. The Company is fully engaged in executing its growth strategy of becoming the long-term viable... |