PCM briefing: Thermal battery maker Sunamp raises $4.6 million; Viking Cold Solutions' cooling system is on display in Hannover
Ben Welter - Tuesday, April 26, 2016
• U.K. thermal battery maker Sunamp has raised 3.2 million pounds ($4.6 million) in its latest investment round. Sunamp said “an international private investor in the energy market” led the funding round, along with existing investors Scottish Investment Bank, Par Equity, Equity Gap, Highland Venture Capital and Old College Capital. The company said the money would be used to fund expansion and product development.
• Viking Cold Solutions' hybrid cooling system is on display at the industrial technology show in Hannover, Germany, this week. The new system combines phase change material with solar photovoltaics for use in supermarkets and food warehouses. The Houston-based company says the system can reduce electricity peak demand by up to 90 percent.
• The new EGO Power+ 15-inch string trimmer, which uses phase change material to keep its rechargeable battery cool, was the highest-rated of 11 battery-powered trimmers reviewed this month by Pro Tool Reviews.
• The New York State Energy Research and Development Authority has signed an agreement with the Department of Energy's Advanced Research Projects Agency-Energy to work together to stimulate development of "high-potential, high-impact clean energy technologies" in the state. The collaboration will focus on a broad range of technology, including smart grid, distributed energy, renewable energy and energy storage.
• New report from Future Market Insights: "Temperature Controlled Packaging Solutions Market: Global Industry Analysis and Opportunity Assessment 2015-2025".
• South Africa's new Bokpoort concentrated solar power plant has set an African record for continuous supply of electricity: 161 hours, or nearly six days. The plant's molten salt system provides 9.3 hours of thermal storage.