Renewable power when and where it’s needed through long-duration energy storage with dispatchable heat and electricity Azelio is a Swedish company with a unique thermal energy storage solution for dispatchable electricity and heat. The system has a storage capacity of 13 hours production at nominal power, and is scalable and already cost-effective for smaller installations. The initial target market is between 0.5 – 20 MW, expanding into 100kW to 100MW - a segment that lacks cost-effective and sustainable alternatives today. Azelio's solution adds value on a broad base to optimize for microgrid systems as load shift, distributed sustainable baseload, or …

Expanding the ocean energy potential Minesto is a world-leading marine energy technology developer with the mission to minimize the global carbon footprint of the energy industry by enabling commercial clean energy production from tidal streams and ocean currents. Minesto’s award-winning and patented product, the subsea kite technology called Deep Green, is applicable in areas where no other known technology can operate cost effectively. The company was founded in 2007 as a spin-off from aircraft manufacturer Saab. Today, listed on the Nasdaq First North stock exchange with some 60 employees and operations in Sweden, Wales, Northern Ireland and Taiwan, Minesto is …

Transforming Tomorrow Together UK Research and Innovation (UKRI) is the public sector organisation that invests £8 billion annually to support the entire research and innovation system. We strive for a society powered and empowered by research and innovation, with economic, social, environmental and cultural benefits for all. We invest in people, places, ideas, innovation and impacts, empowering researchers, innovators and entrepreneurs to turn the many challenges we all face into opportunities, driving up prosperity and wellbeing across the UK and globally. The impacts of our work are felt right across society. We enrich lives by increasing our understanding of ourselves …

Sectors: Public business cluster