The Swedish origin battery development company TEXEL Energy Storage, former United Sun Systems, gets million-dollar grant from the Australian Ministry for Industry, Science and Technology, to develop the future super battery.
The Hon Karen Andrews, minister for Industrial, Science and Technology, confirm the $1 million grant to TEXEL Energy Storage and Curtin University in Perth. The grant is to support their ambition for the development of the new thermochemical battery technology that has a huge potential to bring battery storage to the next level for large scale energy storage.
In February 2018, TEXEL Energy Storage was signing an exclusive license agreement with US Department of Energy and Savannah River National Laboratory, on a new thermochemical battery solution. This together with TEXEL’s Stirling Converter, originally developed by Ford Motors, is creating the possibility to bring battery storage to the next level beyond Lithium-Ion.
In September 2018, at the Department of Energy’s and X-Labs energy storage summit at SLAC & Stanford University, Silicon Valley, TEXEL and the new battery technology was appointed “The Success Story Beyond Lithium”. It Is the development of a part of this technology that is now also supported by the Department of Industry, Innovation and Science in Australia.
There is an enormous demand for a cost-effective energy storage solution like TEXEL at the moment, says the founder and CEO of TEXEL Energy Storage, Lars Jacobsson. I have been meeting up with the energy companies in California during the last months, and in California the critical point has been reached, when new solar or wind energy is not possible without also adding energy storage. California has decided to become 100% CO2 free 2045, and Los Angeles is pushing even harder, and has decided to become 60% CO2 free in 2025. We are in a great position with our technology, concludes Lars Jacobsson.