Photoncycle’s ingenious hydrogen solution addresses the need for affordable energy storage
For years, the solar energy sector has grappled with interseasonal energy storage.
The claim is this tech does the storage more cost-effectively than any battery or liquid hydrogen solution on the market.
It enables hydrogen storage at densities approximately 50% greater than liquid hydrogen, presenting a significant advancement in hydrogen storage solutions.
A robust, reusable energy storage solution could bridge these timings, ensuring a stable energy supply when these renewable sources encounter unavoidable intermittent periods.
The firm certainly has investors’ attention: Photoncycle just raised $5.3 million (€5 million) to build its first few power storage devices in Denmark, which Photoncycle has chosen as its test market.