EarthEn (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
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Company Info
Company Description
They create patented novel thermo-mechanical storage solution uses CO2 in a closed loop to store 4-100+ hours of energy at a low cost & highly scalable manner. Their technology is the most cost-effective comparatively with an LCOS of $60/MWh & doesn’t suffer from any geographic or material constraints like their competitors. Their technology also uses CO2 in a closed loop, thus serving as a carbon sequestration application as well. 1MWh uses 90 tons of CO2 in a closed loop. Their solution has a 30-year LTV and doesn’t suffer from heat/cycle-based degradation which is the best on the market. Lastly, They're providing a flexible & future-proof potential since they can store 4-100+ hours. Their modular & small technology is designed to decouple the energy & power units, so that as customer’s grid needs increase, you can simply purchase additional units and retrofit their main frame system to support your increased needs. Their value proposition to you is that once you choose EarthEn as your storage supplier – you never have to look elsewhere as they can grow with your needs at an incremental low cost. They pair this with their novel AI/ML solutions to optimize peak demand pricing & leverage their storage assets with predictive analysis to enable grid resiliency.

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