In a time when renewable energy sources are deployed at high pace, the bottleneck of the green energy transition is moving from generation to distribution. As renewable energy production is sporadic and out of phase with energy consumption, intermediate storage solutions are needed in order to deliver the green energy all the way and when it’s wanted. Without such energy storage solutions, society’s transition to renewable energy will be impossible. Thus, we invested in SaltX.
SaltX Technology’s innovation, built with nano-coated salt technology, is a circular thermal energy storage solution that provides peak shifting to energy grid providers, industrial and commercial customers. When launched, SaltX Energy Storage system was the first commercially viable solution designed for energy storage on a large scale, thus filling an important gap in the green energy infrastructure.