THERMAL ENERGY STORAGE MARKET ANALYSIS

Leading Companies

Global Thermal Energy Storage Market: Key Developments

In March 2023, Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy”, a global marketer in thermal energy storage (TES), announced a milestone in the construction of its production facility in Dimona, Israel where the Company’s bGen TES modules are manufactured.

In March 2023, Rondo Energy, a provider of zero-carbon industrial heat, and Calgren Renewable Fuels, a producer of the world’s lowest carbon intensity (CI) biofuels, today announced the start of commercial operation of a 2MWh Rondo Heat Battery (RHB) at Calgren’s facility in Pixley, California. The Rondo Heat Battery captures intermittent renewable electricity, stores it at very high temperatures in brick materials, and delivers continuous industrial heat on demand.

Global Thermal Energy Storage Market: Key Companies Insights

The global thermal energy storage market is highly competitive. This is attributed to continuous launch of new technologies due to ongoing R &D and efforts by value chain participants. Moreover, key players are adopting various business growth strategies in order to expand their presence on regional as well as global basis. Some of the key players in the global thermal energy storage market are BrightSource Energy, Inc., EnergyNest AS., Ice Energy, Baltimore Aircoil Company, Inc., Abengoa Solar, S.A, Burns & McDonnell, Inc., and DC Pro Engineering