25 Aug. 2022: Kyoto Group AS and Glomma Papp AS have signed a Letter of Intent (LoI). The two companies will enter negotiations of a supply agreement for Kyoto’s Thermal Energy Storage (TES) solution, the Heatcube.
Glomma Papp, a Norwegian corrugated cardboard manufacturer, and Kyoto will jointly complete a detailed technical and commercial evaluation of the feasibility of Kyoto’s Heatcube with the goal of entering into a supply agreement with predicted commissioning during the summer of 2023.
The Heatcube, a thermal energy storage system, provides energy storage and heat generation in one product. It supplies industrial customers with the technology needed to lower both their costs for producing process heat and their CO2 emissions.
The Kyoto Heatcube can be configured with storage capacities from 8 MWh to over 96 MWh, with a discharge effect for each Heatcube of up to 5 MW. It is an innovative, low-cost, and modular storage solution for thermal energy that can use multiple renewable energy sources to heat molten salt to over 450 degrees Celsius. The high-temperature salt is then used to produce steam for industrial production processes.
Glomma Papp AS has been designing, developing, and manufacturing packaging and display solutions for business markets since 1931.