We've Been Awarded The “Solar Impulse Efficient Solution” Label
Teraloop’s hubless flywheel for battery lifetime extension, fast EV charging, and micro-grid optimisation and retrofitting was attributed the “Solar Impulse Efficient Solution” Label following an assessment performed by external independent experts and based on verified standards. It is thereby joining the #1000solutions challenge, an initiative by the Solar Impulse Foundation to select solutions that meet high standards in profitability and sustainability and present them to decision-makers to fast-track their implementation.
Energy storage is essential for the transition of decarbonising the sector and shifting rapidly to use of renewable energy. One of the greatest challenges is to manage increasing and unpredictable power usage - for example in EV fast charging or where grids or micro-grids are weak. Lithium batteries are limited in their cycling ability, and will reach end of life rapidly when used in these applications.
Teraloop's flywheel technology can complement existing storage solutions to manage power and energy whilst extending the lifetime of the battery, reducing cost and waste. Teraloop’s advantages such as high energy efficiency, high durability and high power density, make the system ideal for applications requiring heavy cycling, enabling users to avoid expensive infrastructure upgrades and demand charges needed to charge electric vehicles. Teraloop goes beyond the state of the art with its novel configuration, enabling high scalability to MW scale with a single device, and 5-7 times higher energy density.
To receive the “Solar Impulse Efficient Solution” Label, Teraloop’s hubless flywheel solution was thoroughly assessed by a pool of independent experts according to 5 criteria covering the three main topics of Feasibility, Environmental and Profitability. All labelled solutions are part of the #1000solutions portfolio that will be presented to decision-makers in business and government by Bertrand Piccard, Chairman of the Solar Impulse Foundation. The aim of this initiative is to encourage the adoption of more ambitious environmental targets and fast-track the implementation of these solutions on a large scale.
About the “Solar Impulse Efficient Solution” Label
One of the first labels for positive impact businesses bringing together protection of the environment and financial viability, the “Solar Impulse Efficient Solution” Label is attributed following an assessment performed by external independent experts. In collaboration with renowned institutions, solutions applying for the label must go through a neutral methodology based on verified standards. This label serves as an award for clean and profitable solutions.
About the Solar Impulse Foundation
The Solar Impulse Foundation is dedicated to accelerating the implementation of clean and profitable solutions. Moreover, the Foundation is helping decision-makers in businesses and governments to achieve their environmental targets and adopt more ambitious energy policies, which are necessary to pull these solutions to market. A way to carry the success of the first solar-powered flight around the world further.
