Title: Innovative Startup Sunamp Revolutionizes Renewable Energy Storage with Thermal Batteries
In a world where climate change is a looming threat, Andrew Bissell and Susan Lang-Bissell took action by founding Sunamp, a company that specializes in storing solar power as heat using thermal batteries. These batteries, made of sodium acetate trihydrate and crystal habit modifiers, can store heat for up to 40,000 heating cycles, providing a sustainable solution for household heating and hot water.
Sunamp's goal is to utilize excess renewable power by charging the thermal batteries when solar energy is plentiful or electricity rates are low. This stored heat can then be released overnight or during periods of low wind, helping to reduce energy costs and reliance on non-renewable resources.
With a presence in the United Kingdom and Italy, Sunamp is now looking to expand into other Western European countries and the U.S. The company's innovative products, such as compact heat batteries for domestic hot water, cater to customers who have limited space for traditional hot water tanks.
Currently in the process of raising a Series B funding round, Sunamp is already generating revenue in the tens of millions range. Their technology not only addresses the pressing issue of climate change but also provides practical solutions for homeowners looking to reduce their carbon footprint and energy bills.
In conclusion, Sunamp's innovative approach to energy storage is not only environmentally friendly but also financially beneficial for consumers. By investing in renewable energy solutions like thermal batteries, individuals can contribute to a sustainable future while also saving money on their energy expenses.