O-Hx has invented a new kind of binary ice using an organic heat exchanger. This has then been incorporated into its proprietary 1 MWh cold thermal energy storage (CTES) battery and charger, the EnergiVault®.
According to The Economist, energy storage is set to be cleantech’s next trillion-dollar business. In terms of capex, EnergiVault is FIVE TIMES cheaper than the equivalent chiller and lithium-ion battery, and that is before operational savings. As cooling accounts for around 20% of global energy consumption, EnergiVault’s market size is c. US$200billon and there is currently nothing else out there with the capabilities of EnergiVault.
O-Hx is now coming through the Valley of Death – yes, it is a thing! Our founders have invested an additional £800,000 in the business during the last year and we are now poised for explosive global growth.
Meet the team behind the innovation and find out more about investing and the EIS opportunities available before the end of the tax year 2025.
