First Chinese investor for Norwegian energy storage company
First prize goes to EnergyNest for its innovative Thermal Energy Storage system.
We deliver a truly unique product that is perfectly tuned towards solving challenges of intermittency in renewable energy and other methods of power generation - providing real, quantifiable value additions to our customers and to society.
Dr. Christian Thiel
Chief Executive Officer
Chief Technology Officer
Masdar Institute of Science and Technology and EnergyNest initiated a comprehensive joint research project in 2013 for building and testing a 2 x 500 kWhth Thermal Energy Storage (TES) pilot. The pilot facility is now fully operational and has been validated by DNV GL with regards to operating temperature, energy storage capacity, and energy efficiency. The project demonstrates the feasibility and advantages of EnergyNest’s storage system, generating key operational and performance data that can be shared upon request.