Energia
American entrepreneur, billionaire and philanthropist, John Paul DeJoria, invests in TEXEL to support the green energy transition
TEXEL energy storage battery technology was named "the success story beyond lithium-Ion batteries" by Innovation X-Lab at the energy storage summit at SLAC in Silicon Valley. A report produced by Savannah River National Laboratory (SRNL) of US Department of Energy stated that the TEXEL technology will in scale become more than 90% more cost-effective than Lithium-Ion in long duration energy storage solutions. Arizona State University has also produced a market assessment report based on the SRNL report that confirms that the TEXEL technology has the highest potential in markets like California.
TEXEL has an exclusive license agreement with one of US Department of Energy's national laboratories, Savanah River National Laboratory, on one of the key parts of its battery technology solution. The company is preparing for several technical demos, followed by commercial demonstrations, to cater for three targeted market segments, ranging from long duration grid energy storage to creating energy storage for independent households and micro grids.
" " - says John Paul DeJoria
Less than two weeks ago, TEXEL and AltaSea, in LA port, announced their cooperation to bring together commercial stakeholders to demonstrate TEXEL's long-duration energy grid storage solution, as well as for commercial and residential buildings and micro grids.
" " - says Lars Jacobsson , Founder and CEO of TEXEL Energy Storage.
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