Our technology stores electricity by melting silicon alloys at temperatures over 1000 ºC and recovering this heat back to electricity on demand using thermophotovoltaics (TPV). The technology takes advantage of the low cost, the high energy density of silicon alloys, the simplicity and compactness of thermophotovoltaic generation to produce a system that is cheap, compact, scalable, modular, clean, safe, and silent.
Our solution can be used to store electricity in two main applications:
In front of the meter (FTM) application takes advantage of the very low levelized cost of our solution to access significant streams of revenue by participating in the balancing mechanisms, selling their flexible demand and excess generation in the intra-day and day-ahead markets, or adjusting their trading positions in real-time.