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After raising $26M, Hyme Energy signs global deal to scale thermal storage

TechCrunch LogoTechCrunch13h ago

After raising $26M, Hyme Energy signs global deal to scale thermal storage - TechCrunch

Quick Summary:

With lithium battery storage too weak for many industries, companies are desperately looking elsewhere for energy storage.

Molten-salt batteries offer high energy and power density, and can work for long periods.

Hyme’s technology uses a molten salt system built for energy-intensive industries, such as food and beverage, chemicals, and metals production.


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Article Details

Author / Journalist: Mike Butcher

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 10:13:18 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 786 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 24547350

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News Last Updated: 8 hours ago

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