Rather than investing and immediately receiving shares, in this round payments will be transferred directly to the company and shares issued at a future date. A convertible allows a company to raise funds without having to agree a valuation. For more information please view our FAQs.
RheEnergise’s experienced team of innovators have developed High-Density Hydro®, one solution in the predicted $ trillion energy storage market by 2040. HD Hydro's objective is to combine the low levelised cost of storage associated with traditional pumped-hydro, with the speed & scalability of battery solutions
High-Density Hydro® is a grid-scale energy storage [ES] solution. It turns the supply of ultra-cheap, intermittent, renewable energy into stable & reliable electricity grids.
Excess energy is stored in tanks underground within small hills that can be found nearly everywhere, creating thousands of siting opportunities. Our research suggests that HD Hydro can be low-cost, fast to build & globally scalable with existing decentralised supply-chains.
The global ES market is growing & is predicted to be worth $620bn by 2040. The LDES Council forecast $1.5-3.0tr of investment in ES by 2040.
Nations are simultaneously transitioning away from fossil-fuels, creating incredible opportunities in short time frames, due to the climate crisis.
RheEnergise’s 2021 progress:
- Incorporated a 100% owned Canadian subsidiary due to the talent pool in Montreal & N. American market opportunity
- Validation of key technologies (inc. fluid) in progress
- Formulation science partnership with Greenwich University
- 3 trademarks, 2 patent pending filings
- Generated inquiries from interested parties around the world
- Further development of possible routes to market
- Received grants awards totalling £215k in 2021
Our biggest challenge is to develop fast enough to meet market demands
2022-23: 9 priority areas identified that we believe will deliver rapid progress leading to full-scale commercial projects