EarthEn Announces Partnership with Ørsted and Newlab in the New York Climate Week
US-based long-duration energy storage startup, EarthEn is proud to announce its latest partnership with Ørsted, a leading global clean energy company, and Newlab, a platform for deep tech startups. As a result of this partnership, EarthEn will join Future Energy Storage Studio, a program jointly launched by Ørsted and Newlab along with industry leaders and other innovation partners to scale up novel energy storage solutions for longer-duration and larger-scale applications. The announcement came during Newlab's New Climate Futures event as part of Climate Week NYC.
"EarthEn is committed to scaling up our supercritical carbon dioxide-based energy storage solution to meet the needs of the grid of a scalable, safe, cost-effective, flexible-duration energy storage solution. With existing support from the U.S. Department of Energy and California Energy Commission, and the latest partnership with Ørsted and Newlab that we announced in the New York Climate Week, we have high confidence in successfully meeting our accelerated timeline for the commercialization of our thermo-mechanical energy storage technology" said Manas Pathak, Founder and CEO at EarthEn.
"Long-duration energy storage plays a pivotal role in expanding clean energy while maintaining grid reliability and stability. Ørsted's vision revolves around a world powered entirely by green energy, and we are leveraging our global expertise to accelerate the development of larger-scale, longer-duration energy storage solutions. Collaborating with advanced technology companies like EarthEn and industry leaders is essential to unlock innovations with global potential," stated Stefan Nagel, from Ventures and Open Innovation at Ørsted.
"As novel energy storage transitions from an option to a cornerstone, the key to widespread adoption is rapid and effective commercialization. We are committed to pushing technology boundaries by mobilizing the entire value chain to collaborate on inventive solutions and participate in real-world innovation pilots. With EarthEn's pioneering expertise in thermo-mechanical energy storage, Ørsted's visionary leadership, and Newlab's track record in innovation and technology commercialization, we are well-positioned to lay the foundation for scaling up this unique technology," said Carlos E. Trevino, Vice President at Newlab.
EarthEn | www.earthen.energy
Ørsted | us.ørsted.com
Newlab | www.newlab.com