ENERGY-DOME
22.12.2022 06:01:37 CET | Business Wire | Press release
Energy Dome, the company behind the CO2 Battery, a disruptive long-duration energy storage solution, today announced it has been awarded €17.5 million in funding from the European Innovation Council (EIC), the largest amount made available by the program.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221221005552/en/
Energy Dome today announced it has been awarded €17.5 million in funding from the European Innovation Council (EIC). (Photo: Business Wire)
The EIC Accelerator is Europe’s flagship funding program to identify, fund and scale-up breakthrough innovations in strategic areas, including energy storage. The investment will be made through the EIC Fund, a unique entity owned by the European Commission to make grants and direct equity investments in companies with promising cleantech solutions.
Energy Dome was selected through a highly competitive process from more than 1000 companies that submitted a full application.
“This strategic support by the European Commission will enable Energy Dome to accelerate the scale up of our business and the deployment of CO2 Batteries across global markets,” said Claudio Spadacini, Founder and CEO of Energy Dome.
Long-duration energy storage is the missing link to a fully decarbonized energy market, as it increases grid flexibility and enables the safe and efficient integration of renewables into global electrical grids. Currently, there is a significant technological gap in the market, for which the CO2 Battery is the perfect solution, by providing high-efficiency energy storage at a competitive cost and using readily available, off-the-shelf components that make this technology available to customers globally.
The EIC Fund joins other strategic investors, including Barclays, 360 Capital, CDP Venture Capital SGR and Novum Capital Partners, that have invested a total of $25 million in Energy Dome, fueling the Company’s growth in its mission to make the energy transition happen.
About Energy Dome
Energy Dome is revolutionizing energy storage and enabling grid decarbonization by making solar and wind power dispatchable 24/7. The company invented and developed the CO2 Battery, a Long-Duration Energy Storage system that makes Long Duration Energy Storage viable globally, today. The properties of carbon dioxide allow the system to store energy efficiently and cost-effectively, with a modular and site-independent footprint. CO2 Batteries use readily available, off-the-shelf components from reliable and existing supply chains, providing a pathway to store massive amounts of intermittent renewable energy and accelerate the energy transition. For more information, please visit www.energydome.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221221005552/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
KAST Selects Kiln’s Claire Wells as Chief Legal Officer13.10.2026 15:30:00 CEST | Press release
KAST adds an experienced CLO to help drive the next phase of growth The hire further enhances KAST’s robust compliance function Wells is leading the charge to add additional licenses throughout the world KAST, the global money app, announced today that Claire Wells has joined the company as Chief Legal Officer. Wells will lead KAST’s global legal operations, and the company’s compliance, regulatory, fundraising and licensing initiatives are under her remit. Wells is a proven legal and compliance leader with deep experience building and scaling legal, regulatory and policy functions across fintech, payments and digital assets. She has navigated complex, multi-jurisdictional environments, all while delivering growth. “I’m thrilled that Claire has joined the KAST team as our new Chief Legal Officer,” said KAST Founder & CEO Raagulan Pathy. “Claire is joining us at a truly pivotal time for the company as we enter our next phase of growth. We are continuing to expand our product set rapidly
Ohana Development Announces Erling Haaland as a Proud Homeowner at Manchester City Yas Residences by Ohana, During Phase 2 Launch13.10.2026 15:00:00 CEST | Press release
Pep Guardiola announced as official brand ambassador of the project Ohana Development has announced Erling Haaland as a proud homeowner at Manchester City Yas Residences by Ohana during the launch of the project’s second phase. Featuring two- and three-bedroom townhouses, duplex villas, and four- and five-bedroom villas, Phase 2 sales will commence on 19 October 2026. The event at Etihad Arena welcomed over 4,000 guests, including Pep Guardiola, who was announced as the project’s official brand ambassador. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261013790618/en/ Manchester City Yas Residences by Ohana Launches Phase 2 (Photo: AETOSWire) Located along Yas Canal, adjacent to Yas Island, the development spans 1.67 million square metres and will feature more than 2,000 residences. The world’s first Manchester City-branded residential community has already broken ground, with phased delivery scheduled by 2029. In a video a
Tigo Energy Enables over 11MW of Repowering as Legacy Solar Service Market Grows13.10.2026 15:00:00 CEST | Press release
New repowering playbook and installer resources pair step-by-step business guidance with technical training and inverter flexibility for legacy-system upgrades. Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, today announced that Tigo technology has helped enable over 11MW of solar repowering projects as demand grows for upgrades, replacement components, and services across the installed base of aging residential solar systems. To help installers capture this opportunity, Tigo is also introducing a practical repowering playbook and installer resources designed to support both business development and the technical execution of legacy-system upgrades through repowering. The Tigo Repowering Business Playbook gives installers a step-by-step framework for building a repowering business across four stages: Discover, Build, Sell, and Grow. The guide addresses how to evaluate the market opportunity, create repeatab
Xsolla Announces Direct Co-Marketing Campaigns Between Payment Providers and Video Game Developers13.10.2026 15:00:00 CEST | Press release
Providers Will Soon Be Able To Launch Co-Marketing Campaigns, Such As Cashback For Their Payment Method, In Xsolla Pay Station, Directly From Their Account Xsolla, a global commerce company, today unveiled plans for Co-Marketing Campaigns, an upcoming self-serve tool in Xsolla Business Account for Payment Providers that lets payment providers initiate and manage marketing campaigns directly with video game developers. Xsolla will preview it at Money20/20 USA in Las Vegas, October 18 - 21, 2026, in meeting room Veronese 2505. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261013246989/en/ Graphic: Xsolla Video games drive major consumer spending, but payment providers that process many of those payments have had limited ways to participate in the marketing and engagement opportunities that follow. With access to more than 1,500 video game developers and their players, Xsolla will help payment providers turn payment insights i
Years of Proven Results Drive Continued Partnership Between Pyung Hwa Holdings and Rimini Street13.10.2026 15:00:00 CEST | Press release
Leading Korean automotive parts manufacturer achieves 50% annual maintenance savings, improved service responsiveness and long-term stability for its highly customized SAP and Oracle environments Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™ and the leading third-party support provider for Oracle, SAP and VMware software, today announced continued success in its long-standing relationship with Pyung Hwa Holdings, a leading Korean automotive parts holding company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261013917596/en/ Years of Proven Results Drive Continued Partnership Between Pyung Hwa Holdings and Rimini Street Through years of support for the company's SAP ECC 6 and Oracle Database environments, Rimini Street has helped Pyung Hwa Holdings, a supplier to major domestic automotive manufacturers and global OEM supply chains, cut annual maintenance costs by 50%, improve service r
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom