We had a great time at the HighTech Venture Days in Dresden this week. Our CFO Erik Diedrich presented our thermal battery storage technology to a packed audience. Many thanks to the organizers for the great program, and thanks to all who came to see us!
ENERGYNEST, the global leader in thermal storage, has signed a commercial agreement with LEONHARD KURZ, a world-leading family business in thin-film technology, to implement an innovative power-to-heat solution with thermal storage.
Companies that do not electrify their processes risk rising costs, regulatory hurdles, and competitive disadvantages. Power-to-heat offers an efficient solution to reduce energy costs and ensure the future viability of production.
Despite its high recycling rate, the paper industry faces major challenges, particularly in the energy-intensive production process. Thermal energy storage systems can play a key role here by efficiently utilising renewable energy and supporting the implementation of sustainable production methods.
