Holcim has invested in Electrified Thermal Solutions to scale its innovative Joule Hive Thermal Battery technology, aiming to enhance its range of sustainable energy solutions.

Information on the Target

Electrified Thermal Solutions (ETS) is a pioneering startup founded in 2020, leveraging over a decade of research and development conducted at MIT. The company has developed an innovative energy storage technology that transforms traditional firebricks into batteries capable of storing electrical energy at ultra-high temperatures. This groundbreaking technology aims to create more efficient and sustainable energy storage systems, contributing to the growing demand for renewable energy solutions.

ETS is currently focused on scaling its flagship product, the Joule Hive Thermal Battery, as part of its roadmap to provide robust renewable energy storage alternatives. The company plans to conduct a commercial demonstration of this system in 2025, with expectations for a global rollout thereafter.

Industry Overview in the Target’s Specific Country

The renewable energy sector in the United States is experiencing exponential growth, fueled by increasing investments in clean technologies and a strong national commitment to reducing carbon emissions. With governmental support and incentives, t