October 17,2024
TheStorage has secured €1 million in funding from 2C Ventures and Superhero Capital to address one of the largest challenges in green transition - decarbonizing industrial heat.
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The European Union is preparing to update its 2040 climate target, aiming for a 90% reduction in greenhouse gas emissions on the way to net zero by 2050. Achieving such ambitious goals will require not only strong policy but also rapid adoption of new technologies across industries. At TheStorage, we provide a scalable and cost-efficient solution for industry to decarbonize heat - turning climate ambition into measurable action.
Tampere, Finland – August 27, 2025 — TheStorage has successfully completed its first pilot plant construction for sand-in-motion thermal energy storage in Pirkanmaa, Finland. This unique concept marks the next phase in harnessing renewable energy in industrial heat processes.
TheStorage has created three compelling case studies from Finland’s industrial sector that demonstrate the transformative potential of sand-in-motion thermal energy storages (TES). These projections are based on real gas prices and electricity spot prices in Finland, with actual savings and grid balancing income determined by each factory’s unique energy consumption profile.
Most industrial heat production (more than 20 percent of global energy consumption) is generated by fossil fuels. Heat electrification technologies can help decarbonize industry and support net zero.
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