Freezing for the future: $46m boost for cryogenic energy storage pioneer Highview Power

clock • 2 min read

Japanese heavy industries specialist SHI is investing in UK-based Highview Power, developer of the CRYOBattery

The global rollout of cryogenic energy storage technology received a boost yesterday as Japanese manufacturing giant Sumitomo Heavy Industries (SHI) announced a $46m investment in British clean tech firm...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

MiAlgae submits plan for full-scale microalgae production plant in Grangemouth

MiAlgae submits plan for full-scale microalgae production plant in Grangemouth

Biotech firm repurposes by-products from whisky distilleries to produce Omega-3-rich microalgae for fish and pet food markets

Michael Holder
clock 16 April 2025 • 2 min read
Adrian Siegrist: 'We must remove carbon dioxide from our atmosphere'

Adrian Siegrist: 'We must remove carbon dioxide from our atmosphere'

Climeworks' CCO discusses the firm's path to gigaton-scale carbon removal and searching for talent with a strong grasp of sustainability and a 'zest' for thinking big

Stuart Stone
clock 15 April 2025 • 6 min read
How NBCo is creating packaging that's designed to disappear

How NBCo is creating packaging that's designed to disappear

NBCo's founder and CEO, Alvin Lim, discusses collaborations with Apple and keeping his team motivated amidst a 'sea of negativity'

Stuart Stone
clock 14 April 2025 • 4 min read