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Teraloop flywheel EV charging

Energy storage for ultra-fast EV charging and micro-grid retrofitting

July 2020
Gallery Teraloop flywheel EV charging 1
Gallery Teraloop flywheel EV charging 1
01.

Identification

Teraloop's innovative flywheel Solution provides efficient energy storage for EV charging whilst avoiding high infrastructure installation costs.

Energy storage can help to avoid the need for expensive infrastructure upgrades needed to charge electric vehicles. Lithium batteries are a prime candidate as a solution in this market, however they are limited in their cycling ability, and will reach end of life rapidly when used for this purpose. Teraloop's flywheel technology (a mechanical structure used to store rotational energy) complements existing flexibility solutions to manage power and energy. Flywheels have demonstrated advantages such as high energy efficiency, high durability and high power density, making them ideal for applications requiring heavy cycling. Teraloop goes beyond the state of the art with its novel topology, enabling higher scalability to MW scale with a single device, and 5-7 times higher energy density. Teraloop's flywheel technology is ideally designed for applications such as electric vehicle ultra-fast charging, as well as micro-grid retrofitting. It further complements existing battery technologies, extending their lifetime and their sustainability.

Label Date July 2020
From Finland
Maturity stage Prototype testing 1:1 in the lab
Looking For Corporate partners, investors

Sectors - Value chain - Application

Sectors
Applications
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
Value Chain Steps
02.

The environmental benefits

  • Cradle-to-grave energy consumption 96% lower than a lithium battery
  • A 100kW Teraloop flywheel enables the reduction of more than 900MWh of required flexibility, which is typically serviced with fossil fuels
03.

The Financial benefits

  • Payback in 1-8 years through avoidance of infrastructure upgrades and grid charge costs
  • 25% lifetime increase for lithium batteries
04.

Activity Region

  • /
  • Headquarters
  • Activity
05.

Company Profile

Teraloop Oy

Scalable flywheel energy storage for EV ultra-fast charging and micro-grid retrofitting.

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Headquarters 02150 Espoo, Finlande
06.

Networking Partner

Cleantech Scandinavia

Network of industrial companies, investors, real estate companies and cities; connecting to 1 400+ clean technology companies from the Nordics and Baltics.

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Solutions Associated 16

European Union

The EU, through its funding programmes, supports the development of innovations and technologies that help combat climate change, protect the environment and ensure a sustainable development and growth.

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Solutions Associated 152
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.