Aiming to develop commercially viable and disruptive solutions for utility-scale energy storage, grid balancing, and carbon reuse.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Chicago
State: Illinois
Zip:
Country: United States
Founded in 2016, Power-to-Gas Hungary Kft. is an innovative technology start-up company aiming to develop commercially viable and disruptive solutions for utility-scale energy storage, grid balancing, and carbon reuse. Power-to-gas is an emerging technology, which is able to provide balancing services for the power grid by using the surplus electricity to create bio-methane and feeding it back into the regular natural gas grid. Based on the great capacity of the natural gas grid and flexible controllability of power-to-gas, this technology provides a uniquely robust energy storage methodology, which also uses carbon dioxide as an input, contributing to the decarbonisation of the energy industry.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2017 | Seed Round | 1 | $1.9M |
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