Hydropousse is an urban vertical farm founded in 2016 and located on rue Parmentier in Montreuil (93), on the outskirts of Paris (France). The company produces hydroponic seedlings and edible flowers for chefs in the capital.
The project is part of urban agriculture, the overall aim of which, according to founder Audrey Bonneil, is to :
produce as close as possible to the consumer, without pesticides, organic, promote social ties, sharing, short circuits, save energy, reason our consumption and, among other things, eat better.
https://lespepitestech.com/startup-de-la-french-tech/hydropousse
The aim is also to limit energy consumption.
If they are listed on“lespépitectech” as an innovative startup company, it’s hard to see what the innovation or growth potential is. Greenhouse cultivation is hardly a novelty…
Homebiogas is an Israeli company that has designed small domestic methanizers that enable individuals to turn their fermentable waste into biogas and digestate.
What is methanization?
Anaerobic digestion is the biological process whereby organic matter is broken down by micro-organisms in the absence of oxygen. This degradation produces a mixture of gases, mainly methane (CH4) and carbon dioxide (CO2), known as biogas. The materials used for methanization generally come from agricultural waste, food waste, sewage sludge or green waste.
The process takes place in several stages: During these stages, micro-organisms gradually break down complex organic matter into simpler compounds, eventually producing methane. Methanization comprises four key stages: hydrolysis, acidogenesis, acetogenesis and methanogenesis:
- Hydrolysis breaks down complex organic molecules into simpler elements.
- Acidogenesis converts these elements into volatile fatty acids and alcohols.
- Acetogenesis transforms these products into acetate, CO2 and H2.
- Finally, methanogenesis produces methane from acetate, CO2 and H2.
The Homebiogas domestic methanizer
Homebiogas offers a kind of mini domestic methanizer, just over a metre high and wide, for installation in the garden. An opening lets you put in fermentable household waste such as vegetable peelings mixed with water to aid hydrolysis. The gas produced is filtered by an activated carbon filter. The device can store pressures of up to 10 bar.
The company offers 3 digester formats: the smallest costs €1,200 and can produce 700L of biogas / day, which would be enough for 2h of combustion (?) and the largest costs €2,400 and can produce 2,500 L / day. It also produces a nutrient-rich liquid, ideal for fertilizing plants (digestate): from 6 to 20L for the smallest and up to 120L for the largest. The biogas is piped to a gas stove, supplied with the device. The system would be totally enclosed and odorless. They are also proposing a system combined with a toilet, sending the result directly into the digester.
The anaerobic anaerobic digestion process differs from conventional aerobic composting (with oxygen, in the open air) in a number of ways:
- the result is not the same (compost on one side, biogas and digestate on the other),
- anaerobic digestion does not attract insects, unlike compost
- meat and fish waste cannot be composted
Questions that arise
As is often the case with highly original products, a few questions arise. For example, what happens if you don’t use the biogas produced on a regular basis (e.g., if you go on vacation)? Is there a risk of explosion? We also note that you need to be able to connect the methanizer to the kitchen or the area where you’re going to use the gas, which isn’t easy.
Is the Homebiogas methanizer environmentally friendly?
On the face of it, the system does seem virtuous: it’s reasonable to assume that there are no leaks (to be confirmed), so the energy produced is CO2-neutral: the CO2 produced by combustion corresponds in principle to the CO2 absorbed by the organic matter used as a base. Ditto for the CO2 produced directly by methanization and mixed with CH4.
Then you have to ask yourself: what use is being replaced? For example, many people don’t use gas, but electricity, with electric ovens or induction hobs. For these people, this device offers little or no ecological advantage. We could ask the same question for countries that don’t have decarbonized energy, but the problem lies with electricity production.
Finally, we need to compare the effort and investment required with other alternatives. Wouldn’t it make more sense not to cook with gas? You could also compare it to installing a heat pump, for example. The basic module (which seems pretty big to me already) costs €1,200, or just under 10% of the price of an aerothermal heat pump. Which is more viable? So the final answer is, as in so many areas, “it depends”.
Note that, in rural African areas where there is no electricity, this product is clearly interesting. In fact, the company has set up a subsidiary in Kenya to serve farmers.
History, development and financing of Homebiogaz
HomeBioGaz is an Israeli company created by Yair Teller, Erez Lancer and Oshik Efrati in 2012. They developed the first prototypes between 2014 and 2016. The company was listed on the Tel Aviv Stock Exchange in February 2021 at a valuation of €79 million (TASE: HMGS).
According to the business report for 2021, published in June 2022:
- They would have sold over 15,000 systems in more than 100 countries in total in 2021 (a priori this should correspond to €20-35M in cumulative sales?).
- Sales would be $2,482,000.
- The company has 93 employees.
- They have set up a subsidiary in Kenya for farmers.
In France, it seems to be marketed by ATENEA Environnement and its website www.biogazmaison.com/.
Hydrogenics was a company developing electrolyzers and fuel cells, notably for “power to gas” solutions. It was acquired by Cummings and Air Liquide in September 2019.
The Hydrogenics story
In 1988, Traduction Militech Translation was born, which became Hydrogenics in 1990. It has been developing fuel cell technologies since 1995.
It acquired EnKAT GmbH and Greenlight Power Technologies(fuel cells) and Stuart Energy(alkaline electrolyzers) in 2002, 2003 and 2004 respectively. In 2010, the company developed a partnership with a telecommunications company, Commscope. The latter invested $8.5 million.
It has developed numerous projects, including power-to-gas demonstrators and hydrogen stations.
The company was acquired by Cummings (81.4%) and Air Liquide (18.6%) on September 9, 2019, for a total of $290 million.
Hydrogen products
Currently, the “http://www.hydrogenics.com” site links to the Cummings site. However, by browsing the site’s archive, you can find what the company was offering. It can be found on this page:
- PEM and alkaline electrolyzers for industrial applications and recharging stations.
- Fuel cells for hydrogen-powered vehicles (city transit buses, commercial fleets, utility vehicles or forklift trucks)
- Fuel cells for stationary applications
- “Power-to-Gas
You’ll learn a lot of interesting things when you read their product sheets.
Alkaline or PEM electrolyzers
Let’s start with the“HySTAT™10 – INDOOR” model. This is an alkaline electrolyzer producing between 4 and 10 Nm3/h(= “normo-meters” not “nanometers”), which would correspond to 8.6 to 21.5 kg/day. Outlet pressure would be 10 bar (30 bar optional). Without the HPS (Hydrogen Purification System), purity would be 99.9% versus 99.998% with it. There is even an option to go beyond 99.999%. It would consume 4.9 kWh/Nm3 and have an output of 140 kW.
We can immediately see the problem of hydrogen purity: some applications like electronics require it to be extreme: < 2ppm!
HySTAT™60 – OUTDOOR, meanwhile, could produce 24 to 60Nm3/h, or 52 to 130kg per day. Its maximum power would be 515KW.
Both appear to take the form of a container, with a volume of around 15 tonnes. Some models can be combined with a compressor capable of compressing the gas to 150 or 200 bar.
Power-to-gas solutions
They have obviously launched a number of “power to gas” projects. Many are planning to use combustion engines to generate electricity, rather than fuel cells, which are several times more efficient…
- Galicia, Spain: a HySTAT60 would be coupled to 24 wind turbines so that hydrogen could be stored, then burned by a combustion engine to produce energy. I imagine to absorb production peaks?
- Port Talbot, Wales. 20kW of solar/wind would power a HySTAT10, a storage system and a HyPM 12kW fuel cell.
- Meckl-Vorpommern, Germany. Uses a 140MW wind farm to power 1MW electrolysers, coupled with a compression and storage system. Electricity is generated by a combustion engine.
- Stuttgart, Germany. A HySTAT60 would recover CO2 from a biogas plant to methanize hydrogen. I don’t get it: it’s a loop, minus the efficiency losses. They use electricity to make H2, then methanize it, and turn it into electricity.
- Falkenhagen, Germany. A 2MW electrolyzer plant (6 HySTAT60) and a compressor would absorb surplus energy and inject H2 into gas pipelines.
- Puglia, Italy. 1MW electrolyser would produce 200Nm3 of hydrogen, which could be stored in a 39MWh “solid hydrogen” (= probably hydrogen hydrides) storage facility.
- Herten, Germany. A 50kW fuel cell system and a HySTAT30 to absorb surplus energy.
They also offer hydrogen refueling stations, and there are about twenty projects, but I don’t go into detail.
Homeys monitors and optimizes heating energy consumption in residential buildings.
Henri de Noblens, the founder of Homeys, agreed to answer a few of our questions.
What environmental issues does Homeys address?
Our solution enables us to reduce the energy consumption of buildings by around 15%, and thus limit their greenhouse gas emissions. In addition to improving the energy performance of buildings, we also enable our customers to limit their on-site travel, which also has an impact on greenhouse gas emissions.
What solutions does Homeys offer?
Homeys offers a range of solutions to help people living in homes and buildings reduce their energy bills. Whether it’s by improving heating control, monitoring consumption more closely or identifying work to be carried out, our solutions enable you to identify, based on data, the most effective things you can do to improve the energy performance of your housing stock.

What added value do you bring to your customers?
Our customers save time in managing their energy and can react much more quickly when a drift is identified. And that’s not counting the fact that our analysis tools enable us to objectify comfort and provide recommendations for improvement.
Have you identified any competitors? If so, what competitive advantages set you apart?
Of course we have competitors, but they don’t generally have the global approach that enables us to work on the whole spectrum of energy performance, from improving regulation to carrying out work and optimizing energy bills. None of them have the focus on the residential sector that we have.
What’s currently preventing you from fully occupying your market?
We only started our marketing efforts a few months ago, so now we need to step up the pace to more fully occupy our market!
Haffner Energy is a company marketing a process for producing hydrogen by thermolysis of biomass.
Company history
The project is the result of a long-standing ambition on the part of two brothers, Marc and Philippe Haffner. In 1993, they launched the Soten company, which had already set out to convert biomass into energy.
The road to hydrogen production
Around 2010, the company began investigating new biomass gasification methods, and they realized that this could be an interesting avenue for producing hydrogen. By 2015, they had already filed 10 patents on this technology, dubbed HYNOCA. They then created Haffner Energy as the parent company of Soten, the latter being dedicated to the development of Hynoca (haffner-energy website)
Haffner Energy: IPO on euronext growth Paris
The company successfully completed its initial public offering on the Euronext Growth market at the beginning of February 2022, increasing its capital by 66.7 million euros. Shares were offered in a range from €8.00 to €9.50 per share.
Haffner Energy’s major innovation: HYNOCA modules
Haffner Energy’s main asset at present is the Hynoca process. The heart of the process is made up of two central parts: thermolysis (rq: oxygen-free pyrolysis / pyrogasification, if I’ve understood correctly) in the absence of oxygen and air at 500°C, which co-produces biochar, and then reforming / steam cracking of the gas produced. It seems that this process also releases a syngas they call “hypergas”, which is said to have a particularly high energy content (Lower Calorific Value > 9MJ/m3). Then there are the classic processes (catalytic reduction or Water Gas Shift, followed by purification).
Hynoca would be sold in modules reflecting this succession of stages: a first thermolysis stage, a connection area, then a steam cracking unit. Above, the purification unit extracts the pure hydrogen. A 40-foot (= 16-meter) module would produce 15 to 30kg/h of dihydrogen.
Its hydrogen production costs would be competitive, ” very competitive hydrogen production costs, between €1.5 and €3/kg”
(at 30 bar pressure, operating 8,200 hours a year)”. One kg of hydrogen produced by this process would capture, through biochar production, the equivalent of 16kg of CO2, giving the process a negative carbon footprint: – 12kg net! (haffnerenergy-finance website)
[Reservation: I’ve yet to delve into the difference between thermolysis and pyrogasification, as the two processes seem very similar]
H2SYS is a startup created by 6 CNRS researchers in 2017, developing hybridization solutions between (hydrogen) fuel cells and electrical storage systems.
Hybridization involves combining two energy sources of different natures. Hybridization poses a number of challenges, such as correctly dimensioning these sources and controlling energy flows.
Products: hydrogen fuel cell systems
H2SYS offers:
- Aircell: PEM fuel cells with nominal power ratings of 500, 1000 or 3000W. The dihydrogen consumed, 65g/kWh, must be 99.95% pure and at a pressure of 5 to 9 bar. They can start up in less than 5 seconds and operate between 5 and 45°C.
- Boxhy: Hydrogen-powered generator sets up to 8kVa, designed to be transportable, for construction sites.
- Thytan: Hydrogen generator sets from 50 to 130 kVa. They have an operating life of 15,000 hours.
- Mothys: a “didactic test bench” (= a tool with a battery, fuel cell and converters for teaching purposes). In particular, it can be combined with a hydride tank and a hydrogen flowmeter.
Services: support for electricity from hydrogen
H2SYS also offers engineering services for its technologies:
- Integration of hydrogen solutions for hydrogen-powered machines and vehicles
- “Range Extender for vehicles: a system combining an Aircell fuel cell with a hydrogen tank, and support for its implementation.
- Tailor-made hybrid modules.
Identity
H2SYS, meaning ” from hydrogen to system “, is a company founded in Belfort (90) in September 2017 (Siren 831 801 840). It was the 2022 winner of the Start-Up prize awarded by the major firm EY. It is headed by Sebastien Faivre. The company stems from researchers who took part in FCLAB, a project supported by CNRS and several universities that designed a “hydrogen fuel cell system hybridized to an electrical storage element, embedding electronic boards integrating intelligent control of energy flows.”(source)
- Les Echos, H2SYS launches Boxhy, the non-polluting generator, October 5, 2022
H2Pro is an Israeli start-up developing high-efficiency electrolyzers (95%) using an original technology: E-TAC. Unlike conventional electrolyzers, the two half-reactions – hydrogen evolution reaction and oxygen evolution reaction– are separated. This eliminates the need for a membrane, which in turn reduces the cost of the installation. The price of the hydrogen produced could fall below €1/kg, making it more competitive than other hydrogen production methods.
H2Pro’s E-TAC electrolysis technology
E-TAC electrolysis consists in separating the two half-reactions of electrolysis. E-TAC stands for Electrochemical and TAC for Thermally-Activated Chemical. It is presented in an article published in the prestigious journal Nature Energy: Dotan, H., Landman, A., Sheehan, S.W. et al. Decoupled hydrogen and oxygen evolution by a two-step electrochemical-chemical cycle for efficient overall water splitting. Nat Energy 4, 786-795 (2019). https://doi.org/10.1038/s41560-019-0462-7
The first reaction is the hydrogen evolution reaction (HER):
4 H20 4 e- => 4 0H- 2 H2
( Ni(OH)2 OH- => NiOOH H2O e- ) x4
This is the electrochemical step. The reaction at the cathode is the one that usually occurs in water electrolysis. However, it takes place at 25°C (the temperature is higher for alkaline electrolysis, 50-80°C), and you’ll notice that the nickel anode is altered by the reaction.
The second reaction, the oxygen evolution reaction (OER), will restore the anode. By heating the solution to 95°C, the anode is reduced (=deoxidized) and oxygen is released:
4 NiOOH 2 H2O => 4 Ni(OH) O2
Note that the reaction is purely thermal; there is no current involved.
The cathode can have the same composition as for alkaline electrolysis (=cheap). In their test, H2Pro uses nickel-plated stainless steel. The anode, on the other hand, requires adaptation. They used Ni(OH)2 anodes. Efficiency is said to be 95%, requiring 42kWh to produce 1kg of hydrogen. The only other technology with this efficiency is high-temperature electrolysis, developed by Genvia. What’s more, the process can operate at high pressure. The entrepreneurs estimate that the price of the hydrogen produced could fall below €1/kg.
H2Pro progress and financing
H2Pro’s progress
H2Pro was founded in 2019 in Caesarea, Israel by Talmon Marco, who had previously set up and sold two telecoms companies for $1.1bn. The startup uses research from the Technion, Israel Institute of Technology. It won Shell’s New Energy Challenge in 2020.
They announced the completion of their first production plant, capable of producing 600MW of electrolisers per year on March 27, 2022.
H2Pro financing rounds
- In March 2021, H2Pro raised $22 million in a Series A2 investment round led by Breakthrough Energy Ventures (BEV), its European subsidiary, IN Venture and Sumitomo Corporation CVC.
- The closing of a $75 million Series B financing round was announced on February 15, 2022. The round was led by Temasek and Horizons Ventures. New investors would also include ArcelorMittal, Yara Growth Ventures and Companhia Siderugica Nacional.
FAQ
H2Pro has raised a total of $107.2 million.
H2Pro is based in Caesarea, Israel.
In theory, H2Pro’s efficiency is over 95%, enabling it to match high-temperature electrolysis, without the problems associated with the latter’s extreme conditions (>700°C).
When we think of pollution, we don’t always think of light. Yet our artificial lighting has a number of perverse effects, whether on animals, whose perceptions it disturbs, or even our comfort, by making the stars disappear.
More prosaically, they consume a lot of energy: street lighting and building illumination consume 2,700 TWh every year, emitting 1,150 million tonnes of CO2. Yet nature also produces light. Who hasn’t heard of fireflies? There are also plants and animals that produce light.
Glowee’s technology
Glowee proposes to harness bioluminescence to light up the cities of tomorrow. It uses DNA sequences from bioluminescent bacteria and implants them in common, industrially-produced bacteria.
The advantages over conventional light production are numerous: the main material is cultivated, so it’s not a resource that’s depleted Bioluminescence produces less light pollution Production and maintenance consume less energy.
History and progress
Founder Sandra Rey was named one of MIT Technology Review’s 10 Innovators Under 35 in 2016. Glowee has just signed its first contract with the town of Rambouillet for street furniture
FAQ
Glowee proposes to use the natural bioluminescence of bacteria to provide lighting, particularly for street furniture.
Bioluminescence is produced by a gene carried by bacteria living in symbiosis with squid.
Ergosup is a startup offering to produce ultra-high-pressure hydrogen using zinc electrolysis.
Hydrogen has several major difficulties, including :
- its volume (known as its density): at room temperature, 1kg of hydrogen takes up 11,000 liters! It is used compressed, but this is an energy-intensive process.
- its ability to absorb intensity variations. Intermittency is ill-suited to electrolysis: alkaline electrolyzers can’t handle it (except perhaps with Lhyfe’s technology?) and even PEM electrolyzers can. In any case, operating half the time doesn’t make installations profitable.
Startup Ergosup ‘s solution addresses both these issues.
The idea is to dissolve zinc in a bath in which two electrodes are immersed. Initially, at room temperature, electrolysis releases oxygen on one electrode and reduces the zinc, which becomes solid again and clings to the other. After releasing the oxygen, a reaction redissolving the zinc would release the hydrogen, this time in an enclosed space. Mechanically, the trapped hydrogen would be compressed (this is what we can interpret from their video). This would disconnect the moment of electricity consumption from the moment of hydrogen production. This is the first time I’ve heard of this process, so stay tuned…
The company proposes to create all-in-one H2 recharging stations, combining renewable energy production, hydrogen production, compression and hydrogen storage.
The start-up had raised 2.7 million euros in 2015 and has raised 11 million euros in 2019.
To find out more, read our article on hydrogen production.
Form Energy has developed iron-air batteries that are 10 times cheaper than lithium-ion batteries for large-scale electricity storage. The startup has raised over $800 million from prestigious investors such as Breakthrough Energy Ventures and the venture capital funds ofArcelorMittal and ENI.
Iron-air battery technology
Form Energy uses iron-air batteries: when they charge, the iron oxide reduces (= deoxidizes), with oxygen leaving the “air” electrode side (in reality, this happens in an electrolyte). Then, when the battery discharges, the electrons are released and the iron oxidizes again. The big advantage of this method is the extremely low cost of materials: iron is one of the cheapest metals available.
The disadvantage of iron-air batteries is their reactivity: they would have difficulty with high currents. However, this is not a problem: you just need to couple them with a small, more reactive storage, such as lithium-ion batteries or mechanical storage.
The company seems to be highlighting the fact that the battery would be“capable of supplying electricity for 100 hours“. This is a bit disturbing, since I don’t see how it makes sense: basically you can probably last for weeks on any battery if the flow rate is low enough …
According to Form Energy, large-scale batteries could cost as little as 10% of the LCOS price of their lithium-ion equivalents.
Form Energy history and progress
Form Energy’s progress
Form Energy was founded in 2017 by Mateo Jaramillo (former head of Tesla’s battery department), Yet Ming Chiang (MIT professor), Ted Wiley, William Woodford and Marco Ferrara.
A 300MW pilot project is planned in Minnesota for 2024.
On January 23, 2023, Xcel announced the installation of a very large Form Energy battery farm, one of the largest in the world.
Financing Form Energy
The company’s financing is quite extraordinary, both in terms of its amount ($818Mn) and the identity of its investors (Breakthrough Energy Ventures, ArcelorMittal, Energy Impact Partners, Capricorn Investment Groupe, Prelude Venture…). It breaks down as follows:
- The Series A round closed in June 2018 at $9M. Breakthrough Energy Ventures (BEV), Prelude Ventures, The Engine (MIT) and Macquarie Capital invested.
- The Series B round was announced at $40M on August 19, 2019 and was led by ENI’s venture capital firm, Eni Next LLC. It includes Capricorn Investment Group and investors from the first round.
- The Series C round was announced on November 30, 2020 at $76M. Joining historic investors Coatue, NGP Energy Technology Partners III, Energy Impact Partners and Temasek.
- The Series D round in 2021 amounted to $240M, including $25M fromArcelorMittal. At the same time, the two companies signed an agreement under which ArcelorMittal would supply direct reduced iron for the batteries.
- Former Energy announces the closing of its $450 million Series E financing round on October 4, 2022, led by investment platform TPG Rise. Joining historical investors (ArcelorMittal, Breakthrough Energy Ventures (BEV), Capricorn Investment Group, Coatue, Energy Impact Partners (EIP), MIT’s The Engine, NGP ETP, Temasek, Prelude Ventures, and VamosVentures) GIC and Canada Pension Plan Investment Board.
FAQ
Form Energy has raised $818.8 million.
From the very first investment round, Form Energy mobilized a number of major innovation players, including Breakthrough Energy Ventures and The Engine (MIT). They were subsequently joined by other major players, such as ArcelorMittal.
Form Energy is developing iron-air batteries, which would use very common materials (iron) and would be suitable for long-term stationary storage of electricity, which is one of the major challenges of the energy transition, to stabilize the electrical grid in the face of intermittent energies.
Form Energy was founded in 2017 by Mateo Jaramillo (former head of Tesla’s battery department), Yet Ming Chiang (MIT professor), Ted Wiley, William Woodford and Marco Ferrara.
Mateo Jaramillo is both co-founder and CEO (Chief Executive Officer) of Form Energy.
- A study by the Franhaufer Institute: https://www.umsicht.fraunhofer.de/en/projects/iron-air-battery.html
To make the energy transition, we need to mobilize as much natural energy as possible. Wind and solar power are already harnessing the wind and sun. What about water? Every day, trillions of tonnes of water are moved by ocean currents and river flows. Could this colossal force be used to generate electricity?
That’s what EEL ENERGY is trying to do. They have developed a tidal turbine that mimics the undulations of fish, adapting to the current to capture as much of its energy as possible.
This technology offers a number of advantages that set it apart from other attempts to harness the forces of nature. It: is predictable does not pose a risk to wildlife; is, for the same output, 10 times smaller; and does not cause noise or visual pollution.
Nevertheless, the project has not yet been scaled up. In early 2019, the price per MWH was estimated at €300, compared with €130 for wind power. However, they hope to bring the price down to €100/MWH with larger machines.
The Eel technology is covered by 5 international patents and works with leading partners such as IFREMER and Dassault Systems. It is the subject of considerable national exposure, having been the subject of articles in Les Echos, Le Parisien and many other national and regional titles.
Enairys Powertec is a small company based in Vaud (Switzerland) which has been developing a compressed air energy storage system (CAES) since 2008.
The Enairys Powertech compressed air storage system
Enairys Powertech’s compressed-air energy storage system, HyPES for Hydro-Pneumatic Energy Storage System, is based on an original system: it doesn’t use a mechanical piston compressor, but a system based on the “liquid piston” principle. During charging, the injection of (cold) water acts as a piston, compressing the air under relatively isothermal conditions. This process consumes less energy than a mechanical piston. The opposite occurs when the device needs to be unloaded. In this case, the role of the water is to heat (if I’ve understood correctly) the air. The process is presented here: https://www.enairys.com/overview-technology/
It mobilizes several elements presented as original:
- A rotating module for low-pressure compression-expansion: https://www.enairys.com/low-pressure-air-compression-expansion/
- The liquid piston system for water compression (liquid piston): https://www.enairys.com/high-pressure-air-compression-expansion/
The company is said to be developing 2 products:
- HyPES-R, for “Renewable energy sources support
- HyPES-G for “Grid support”.
The system would be made up of at least “98% easy-to-recycle, non-toxic metals” and would make it possible to combine electrical and thermal load sources, or even “create synergies between them to maximize overall efficiency”.
I have no information on the viability of this system.
History and financing of Enairys Powertech
Enairys Powertech was founded in 2008 by engineer Sylvain LEMOFOUET. It appears to be a spin-off from the École polytechnique fédérale de Lausanne (EPFL). Traces of the manager’s activities can be found on Linkedin (e.g.: training in Africa), but they do not concern the company, and nothing on the website.
The only source comes from a CleantechAlps post published around August 2022: they would have tested a first prototype in 2018 and, since then, have been working to optimize and validate HyPES systems in real-life conditions. This stage should be completed in 2023. I have no information on funding.
It is located at the EPFL-PSE D Science Park, in Lausanne (Switzerland).
- The cleantech Alp post: https://www.linkedin.com/posts/cleantechalps_enairys-portrait-activity-6972466976858210304-DnG4
- The site (in noindex): https://www.enairys.com/
- https://fr.wikipedia.org/wiki/Enairys_Powertech
- https://www.polymedia.ch/fr/un-systeme-original-de-stockage-denergie/
Enapter is a European designer of anion exchange membrane (AEM) electrolyzers. It is listed on the stock exchange and valued at 483 million euros (today).
History of enapter
Enapter was founded in 2017 by Sebastian-Justus Schmidt, a former director of a software company, after acquiring an Italian company: ACTA, specialized in the research and development of fuel cells and AEM electrolyzers. Its co-founders are his son Jan-Justus and Vaitea Cowan, a person who helped him design an energy-independent residence, notably using hydrogen (the “Phi Suea House”).
They have opened an office in Berlin in 2019, as well as a new production site in Italy. The company goes public in 2020. By 2021, it has 165 employees. It wins the Earthshot Prize Award in 2021.
Enapter electrolyzers
Enapter currently offers two products based on AEM technology:
- AEM 4.0 electrolyzer
- The multicore AEM.
AEM 4.0 electrolyzer
Their AEM electrolyzer is modular, taking the form of a 63.5cm-long parallelepiped weighing 38kg and capable of producing 0.5nm3 per hour (i.e. 1.0785kg/d) for 2.4kWh. The gas would have a purity of 99.9% (or 99.999% with an option) and would exit at 35 bars.
AEM multicore
The multicore AEM is an assembly in the form of a 12.2m-long container containing 420 AEM modules. It can (logically) produce 210 Nm3/h, or 450kg/day.
Energy management system
The electrolyzers would be remotely controlled and released with energy management software (EMS).
The system would be particularly suited to residential self-consumption and renewable energy microgrids. It combines IOT communication modules to produce the information, a telemetry platform to receive it, an “intelligent gateway” to connect the devices on a local network and send the data to Enapter’s cloud; then software to analyze and present the data.
To find out more:
- https://www.rechargenews.com/energy-transition/exclusive-enapter-eyes-83-cost-reduction-for-its-unique-aem-hydrogen-electrolysers-by-2025/2-1-1256489
Many of us have heard of large concrete block towers to store electricity. Kinetic energy is stored when the blocks are raised to the top of the tower, and released when they are lowered. This is the Energy Vault project, which we present here.
The technology proposed by Energy Vault
Energy Vault offers two types of product: long-term storage using concrete blocks and gravity energy, and more conventional products, short-term storage (apparently mainly battery-based) and a charge management software suite.
Long-term storage
This is the company’s main focus: long-term energy storage using concrete blocks. While the idea is appealing, I haven’t found an independent source to support its viability.
The Energy Vault concrete tower
Initially, Energy Vault made a name for itself with a project involving giant cranes to move concrete blocks upwards (to store energy) or downwards (to release it). In this way, they built immense towers. The company claimed an efficiency of 90% and could reach maximum power in 2.9s.(source) A 120-meter tower could store 20MWh. The cost would be between $280-350/kWh and could go down, according to Robert Piconi, head of the startup, to $150/kWh. (Combier 2018) In 2019, they announced a capacity of 35 MWh, a maximum output of 4 MW and an LCOS of $0.05/kWh compared with “$0.17 per kWh for STEPs”. (Colas des Francs 2019) The company was still announcing a LCOS of €0.042/kWh in 2021. I have not heard of any confirmation of this. These LCOS claims leave me rather suspicious.
This model has made the headlines, claiming great performance and being scalable in principle. Nevertheless, it has been widely criticized, not least for the risk of mechanical wear and tear and of being caught in the wind. A working prototype, 120m high and named “EV1”, was built in Switzerland’s Ticino region. This version appeared to be a success, with the company reportedly selling 3 projects totalling 1.6 GWh of storage for 520 million euros by 2021.
It clearly failed to convince, and the company moved on to another model.
The new model
Following Energy Vault’s IPO, another sustainable storage solution was designed, called the “Energy Vault Resiliency Center” (EVRC). This time, it takes the form of a large warehouse-type building, with the blocks stored on metal frames.
While this solves the problem of wind load, it raises the question of the quantity of resources required.
An agreement had been signed with Atlas Renewable for an installation in China. Construction of a 100MWh facility is due to start in March 2022. An agreement was signed in September for a 2GWh global installation.
Short-term energy storage and software
Energy Vault also markets “short duration energy storage” (SDES) systems (<4h), including lithium-ion batteries. 500MWh of this system has reportedly been purchased for the 330MW Meadow Creek solar park, near Melbourne (Australia).
The company also markets a charge management software suite.
A criticized technology
A report from a rather special organization (they do negative reports and bet on the stock going down, if I understand correctly) points out anomalies:“Energy Vault (NRGV): New Evidence Leads Us To Downgrade This Company To A Middle-School Science Fair Project“. Energy Vault responded in a press release.
The company’s communication leaves a bad impression. I couldn’t find anything to explain the decision to change the model. Above all, the claim of a system 3 times cheaper in LCOS than STEP makes me frown. What’s more, while the executive had announced several contracts in 2019, I didn’t see any echoes afterwards … Ditto in 2021 ..
Progress and news
Energy Vault is a spin-off from the stuatup studio Idealab. It was founded in 2017 in Switzerland. It had a first large investment round in May 2019, with Cemex and $110 million from Softbank Vision Fund. A second round of $100 million brings together Aramco Energy and the previous investors in August 2021.
In February 2022, the startup’s holding company is listed on the New York Stock Exchange. Sales in 2022 are estimated at between $142 and $152 million.
- Combier E., “Quand le béton fait office de batterie”, Les Echos, August 26, 2018
- Colas des Francs O., “Quand le mouvement sert à stocker l’energie”, Les Echos, October 23, 2019
Comwatt is a French startup that optimizes the triggering of your electrical appliances according to the availability of photovoltaic energy, increasing the profitability of your panels.
We have classified it in the“Low-carbon electricity generation” category.
Grégory Lamotte, President of Comwatt, kindly agreed to answer our questions. Many thanks to him 🙂

What environmental issues does Comwatt address?
In the current context, everyone understands that there is an environmental problem. Everyone agrees that there is, but it’s hard to know where to start. A lot of people are waiting for the government to pass laws or make decisions on their behalf to solve this problem, but the solution won’t come from the top, it will come from the bottom, from the citizen.
We have therefore developed a technology that enables citizens to understand their energy consumption, reduce it, lessen its environmental impact and produce as much renewable energy as possible at the point of consumption. To date, we have marketed 20,000 installations in France, enabling our customers to reduce their energy bills by over 70%.
What solution does Comwatt offer?
Our solution is a technology based on connected objects. Everyone has the Internet now, and everyone has electrical equipment. Comwatt is a technology that bridges the gap between the Internet and your equipment.
Our solution combines connected objects and software to measure and control your equipment in real time using artificial intelligence. Our solution is installed and marketed by a network of approved craftsmen.
What added value do you offer your customers?
Our technology makes it possible to shift consumption. If you put solar panels on your roof to reduce your bill, you’ll quickly realize that the solar panels aren’t going to produce electricity when you need it most. That’s because the solar panels are going to produce mainly in the middle of the day, when you’re not often at home.
If you decide to set up self-consumption with solar panels and you don’t use Comwatt technology, you’ll simply reduce your bill by 20%, which corresponds to recruitment between the time you produce and the time you consume.
With Comwatt technology, you modify the time at which your equipment consumes so that it consumes at the precise moment when the energy is produced, thereby reducing your bill by up to 70%.
Have you identified any competitors? If so, what are your competitive advantages?
We have several competitors in France who offer solutions similar to ours. We have a number of advantages.
Firstly, the Comwatt solution is the first on the market. For 7 years now, we’ve had 20,000 customers, and with this installed base, we have very good customer feedback and very good information from the field, which enables us to fine-tune our algorithms so as to be more and more efficient every day.
Secondly, we have developed a solution that is very easy to install and even easier to use. Because at Comwatt we believe that developing an efficient technology is a good start, but the most important thing is to develop a technology that can be accessed by as many people as possible.
Last but not least, our solution can be installed in any home in less than 30 minutes, whereas Comwatt’s competitors’ solutions take 2 to 5 hours. This is a very significant gain for the craftsman who has to install this technology.
What’s currently preventing Comwatt from completely filling its market?
The self-consumption market is colossal. There are currently around 70,000 installations in France, and the French Ministry of Energy has estimated that over 4 million sites will be equipped in 10 years’ time.
One of the challenges is to make consumers aware that solar energy has become very affordable. Connected object technology has also become very affordable, and together they can reduce electricity bills by 70%.
However, our biggest obstacle is undoubtedly regulation: the administrative blockages that are slowing down the energy transition.
There are several administrative bottlenecks:
Firstly, it’s becoming very difficult for even a serious craftsman to find ten-year insurance to cover work on his sites – it’s a real obstacle course. The constraints weighing on craftsmen are so numerous and so complex that many are discouraged from taking up solar energy.
Secondly, the energy transition is in direct competition with the incumbent energy suppliers, who make their living from energy sales. Indeed, if a customer decides to reduce consumption or produce energy on his roof, that’s as much energy less that the energy supplier will sell. The incumbent energy suppliers have therefore put in place a strategy of systematically blocking the deployment of the energy transition.
For example, do you know why only owners of single-family homes can reduce their electricity bills thanks to solar energy? Do you know why tenants and city dwellers are deprived of this reduction in the cost of producing solar-generated electricity? It’s a regulatory block, which is revolting.
French MPs passed a law allowing collective self-consumption over 2 years ago. What’s more, European deputies have also voted in favor of collective self-consumption in France for the past 18 months. But the incumbent operators don’t want this law to be applied, because it’s in the interests of the citizen but not in the interests of these operators.
In a nutshell:
- Your photovoltaic panels reduce your electricity bill by 20% without Comwatt and 70% with it.
- 30 minutes to install Comwatt sollution
- 20,000 installations in France
- A potential market of 4 million installations over 10 years
- Key challenges: informing consumers and combating administrative obstacles
For more information, please consult the press articles referenced on their website.
CommonWealth Fusion Systems (CFS) is the most-funded nuclear fusion developer: 1.8 billion euros. The technology being studied is the tokamak.
Nuclear fusion has been a hot topic for several decades. However, considerable progress has been made in recent years, and more and more companies are attempting to make fusion the next low-carbon energy source. Among these companies, the one that has received the most funding is CommonWealth Fusion System (or CFS).
Nuclear fusion CommonWealth Fusion Systems
CommonWealth Fusion System is developing nuclear fusion in a tokamak: deuterium and tritium nuclei are accelerated in a circular path (torroidal to be more precise: they twist) until they collide and fuse. For the time being, the main challenge is to succeed in producing more energy than we consume.
Before that can happen, however, the plasma must be confined. To this end, the company has focused on the development of newhigh-temperature superconductor (HTS) magnets , a stage which was completed in September 2021 with the scaled demonstration of the performance of a 20 Tesla magnet. The main challenge was to be able to accelerate the particles and, at the same time, confine the plasma by means of a magnetic field, so that it does not destroy the installation.
The next step is to build a demonstrator, the SPARC, which aims to produce more energy than it consumes (the point of ignition). CFS claims that its performance would be similar to ITER, but with a tokamak 10 times smaller.
History and financing of CommonWealth Fusion Systems
CFS is a spin-off from MIT’s Plasma Science and Fusion Center founded in 2018 in Cambridge (Massachusetts, USA) with an initial investment of $50 million. It takes over the“Alcator-C-Mod” tokamak research conducted at MIT.
Funds soon flowed in:
- Its Series A financing round brings in $115m in June 2019, with ENI, Breakthrough Energy Ventures and Khosla Ventures among others.
- A Series A2 round brings in a further$84M in May 2020 from, among others, Temasek, Equinor and Devonshire Investors.
- In 2021, following the announcement of a successful experiment on its superconducting magnet, CFS raises $1.8 billion, in particular to finance the construction of 2 tokamaks: an experimental one, SPARC, and a commercial one, ARC. This round was led by Tiger Global Management and included new investors (notably Bill Gates; Coatue; DFJ Growth; Emerson Collective; Footprint Coalition; Google; JIMCO Technology Fund, part of JIMCO, the Jameel Family’s global investment arm; John Doerr; JS Capital; Marc Benioff’s TIME Ventures) and historical investors (including Breakthrough Energy Ventures; The Engine; Eni; Equinor Ventures; Fine Structure Ventures; Future Ventures; Hostplus; Khosla Ventures; Lowercarbon; Moore Strategic Ventures; Safar Partners; Schooner Capital; Soros Fund Management LLC; Starlight Ventures; Temasek).
FAQ
CommonWealth Fusion Systems has raised a total of $2 billion
CommonWealth Fusion Systems has received support from a number of major players. Among these, Breakthrough Energy Venture, Khosla Ventures and ENI have played a particularly important role. More broadly, there’s Bill Gate himself, Google, The Engine and Soros Fund Management.
CommonWealth Fusion Systems is developing nuclear fusion, and in particular a very compact tokamak. They are still at the experimental stage, building a first research prototype.
Carbon Solar or CARBON is a French industrial company set up in 2022 to produce photovoltaic cells, their components (ingots and wafers) and their assemblies. Its ambition is to build a production plant by 2025, representing an investment of 1.5 billion euros.
Today, photovoltaic wafers and cells are almost exclusively produced in China, which exposes global photovoltaic production to geopolitical risks. CARBON proposes to produce them in France, as well as their assembly, by positioning itself on technologies of the future.
Carbon Solar (CARBON) technologies
CARBON will offer three types of product: it will produce photovoltaic cells and their components (ingots and wafers), and then assemble them into modules.
While P-type wafers dominate the market, N-type wafers will enable “a more rapid and dynamic evolution of cell technologies”. This is the type of wafers they have chosen.
The high-efficiency solar cell technology they have chosen is called TOPCon (Tunnel Oxide Passivated Contact). It offers “a better temperature coefficient, little or no degradation of performance due to LID and LeTID, and a better bifaciality coefficient” than its competitor, PERC, which is dominant today.
They are also developing cells using IBC (Interdigitated Back Contact) technology. Their advantages are “higher surface efficiency ( Wp/m²), better performance at low irradiance, greater resistance to hot spots and improved aesthetics.” (Carbon)
Financing and history of Carbon Solar
Carbon Solar or CARBON (the latter name is preferred) was founded in March 2022 in Roche-la-Molière (Loire)
In March 2023, they announced a gigafactory project in Fos-sur-mer that would be able to produce 5GW of photovoltaic cells and 3.5GW of modules. Construction is scheduled for completion by the end of 2025, and the project will represent an investment of 1.5 billion euros and directly create over 3,000 jobs. A further 4 billion euros are planned, with the aim of producing 20GW by 2030.

To find out more:
- Maxence Cordier’s reaction (energy engineer) https://twitter.com/maxcordiez/status/1631702430181203968
- The reaction of @Qraaal (electronics engineer ?) https://twitter.com/Qraaal/status/1632055392376111105
Carbios is a French biotechnology SME developing a process specifically for degrading PET (polyethylene terephthalate) plastics. The company co-founded Carbiolice and is involved in the Whitecycle project.
Carbios: a French biotech SME
Carbios was founded in 2011 by Jean-Claude Lumaret and Philippe Pouletty (as director of Truffle Capital).
In 2012 , a research and development projectcalled “Thanaplast” was launched, involving several academic and industrial partners (CNRS, INRA, TWB, Université Poitiers, Deinove, Limagrain and Groupe Barbier).
In 2013, the company went public, raising 14.15 million euros.
In 2016, the operation of the sought-after enzymatic process was entrusted to a joint venture, created for the occasion by Carbios, Limagrain Ingrédients and the SPI “Société de projets industriels” investment fund operated by Bpifrance, Carbiolice.
Emannuel Ladent was appointed Managing Director in 2021, replacing founder Jean-Claude Lumaret, who retired.
The company now has 85 employees. Although the company is still in the R&D phase (-€6,145,600 in 2020), it still generates net sales (€1,346,100 in 2020).
Carbios technology: enzymes to treat plastic
The first bottle from enzymatic biorecycling of plastics will be produced in 2019. It is made entirely from purified terephthalic acid (rPTA). The first from textile waste arrives in 2020.
In 2020, scientific recognition comes: their process, co-authored by Carbios scientists, is published in Nature :
Tournier, V., Topham, C.M., Gilles, A. et al. An engineered PET depolymerase to break down and recycle plastic bottles. Nature 580, 216-219 (2020). https://doi.org/10.1038/s41586-020-2149-4
Over a period of 10 hours, they succeeded in depolymerizing 90% of the exposed PET by hydrolase, with a productivity of 16.7g of terephthalate per liter of water per hour, at an enzyme concentration of 3mg per gram of PET (i.e. 0.3%).
This publication boosted its share price from around €6.9 on 31/03/2020 to a high of €59.36 on 15/02/2021.
Achievements and projects
On September 29, 2021, Carbios inaugurates its first industrial demonstrator to test its C-Zyme process.
Carbios is coordinating the ” LIFE cycle of PET” project with T.EN Zimmer GmbH (monomer repolymerization) and Deloitte (environmental performance analysis). In November 2021, the consortium was awarded a European grant of 3.3 million euros (including 3 million for Carbios).
The consortium’s scientific director, Professor Alain Marty , was awarded the Biocat prize in 2022 for outstanding achievements in biocatalysis. He received it at the tenth International Biocatalysis Congress in Hamburg.
The Lyon-based startup has just signed a partnership agreement with TechnipFMC, a major oil and gas group
Carbiolice is initially a joint venture between Carbios, Limagrain aliments and the SPI investment fund, managed by Bpifrance. Carbios is a Lyon-based SME set up in 2011 to develop the enzymatic process used by Carbiolice. It bought out Limagrain Ingrédients on October 8, 2020, and the SPI investment fund on June 3, 2021, for €17.9 million.
It is now Carbios’ subsidiary in the green chemistry sector.
It develops processes to improve the recycling of plastics, particularly those that pose the greatest problems due to their small size, fineness or the presence of other substances.
The Carbiolice product: Evanesto
Their first product is Evanesto inside. It’s an additive containing an enzyme that makes plant-based plastics, based on polylactic acid (PLA), 100% biodegradable and compostable. Until now, they were only biodegradable under industrial conditions.
The additive is included in the product at the design stage. Developed by Carbios, the enzyme is produced by Novozymes.
About the startup
Carbiolice was awarded “Europe’s most innovative industrial biotech” in 2019 by EuropaBio.
The company is a société par actions simpliée (simplified joint-stock company) registered with the Clermont Ferrand Registry under RCS number B 820 924 801 and is located Rue André Messager in Riom (63 200). Its Chairman is Carbios’ CEO, Emmanuel Ladent.
Canergie Wave Energie is an Australian listed company founded in 1987 developing a wave energy production system. It experienced serious difficulties in 2018-2019 and its activity now seems limited.
Wave energy Canergie Wave Energie: CETO
Wave energy harnesses the energy of ocean waves to generate electricity. Compared with other renewable energies, it has the advantage of being predictable and less intermittent (rq: I’ve read this several times, but it seems dubious), offering a more constant source of energy. What’s more, the immense energy potential of the oceans remains largely untapped, making wave energy a promising alternative for diversifying the energy mix and reducing dependence on fossil fuels. However, it’s still at the research stage, not least because of a number of challenges: production peaks are particularly high and, above all, there’s the problem of sustainability. The energy produced is also destructive, and it’s complicated to resist the sudden movement of water, as well as the corrosion favoured by salt. In this niche, there are Seabased and Hace Wave Energy, among others
The wave energy capture system developed by Carnegie is called CETO, a name inspired by the Greek goddess of the sea. There have been several versions:
- The latest, CETO 6, is as follows: operation is based on a “point absorber”, which is fully immersed beneath the surface of the water. This device consists of a submerged buoy located a few meters below the ocean surface. The buoy follows the movement of the waves, creating an orbital motion. This motion is then transmitted to a power take-off (PTO) system, which is responsible for converting the mechanical motion into electricity. The electricity generated by the PTO system is then fed into the power grid, where it can be used to power homes and businesses.
- The previous system, CETO 5, consisted of 11-meter-diameter submerged buoys whose movement activated pumps sending pressurized water to the side via a pipeline. This pressurized water was then used to drive hydroelectric turbines to generate electricity. It could also be used to drive pumps in a reverse osmosis plant for desalination.
The company would also offer software based on their solution, Wave Predictor, and a solution for marine aquaculture farms, Moorpower.
History, progress and financing of Canergie Wave Energie Ltd
Canergie Wave Energie Ltd is an Australian company founded in 1987 by John Davidson and Michael Ottaviano. It went public on January 8, 1999.
It appears to have been delisted in January 2019. It is said to have received a total of $200 million in funding, including grants.
The company had indeed been hit by several events in 2018: a very painful impairment provision for its CETO technology, patented in 2003, ($35M), participating in a total deficit of $64M. The Energy Made Clean company (microgrid solar production), purchased in 2016, was resold at a quarter of its purchase price. The following year, the deficit was $53 million, bringing the company to the brink of collapse. However, it was rescued by an investment of over $5.5 million, and will go public again on October 30, 2019.
The company had sales of A$302,289 and a loss of A$775,406 in 2022. These low figures cast doubt on the company’s sustainability. The company’s latest products, Wave Predictor and Moorpower, suggest that it is trying to get back on track by making itself less dependent on public subsidies.
Experiments
There has been one large-scale experiment, thePerth Wave Energy Project (PWEP). This project mobilized almost $40 million, mainly from public institutions, and was installed off the coast of Perth. A first version was installed in 2011 opposite Fremantle (a town/neighborhood? of Perth) and served simply to be studied and monitored. A second stage began in 2012, set up not far away, opposite Australia’s largest naval base, HMAS Stirling. It involved 11-meter diameter buoys, the “CETO5” technology from 2013. The test was completed at the end of 2017.
There was also a test in La Réunion, France, the La Réunion Wave Energy Project from 2011. As with Perth, it was to have several stages: the first, funded to the tune of €5M by the French government, analyzed the data and the subsequent, self-sufficient stages produced electricity. The installation was destroyed in 2014 by Cyclone Bejisa. I haven’t heard anything about the next steps.
The project to test CETO 6 in Albany (Australia) seems to have been aborted in October 2019.
To find out more:
- A very detailed internship report: https://researchrepository.murdoch.edu.au/id/eprint/23113/1/Steve_Kenny_31101591_-ENG450_Carnegie_Wave_Internship-_Final_Report.pdf
- Comprehensive article: https://www.abc.net.au/news/2019-10-31/carnegie-clean-energy-returns-to-asx/11656216
- On CETO 6 and the planned experiment: https://arena.gov.au/blog/how-does-wave-energy-work/
