Editing Cheesecake Energy
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 1: | Line 1: | ||
'''About Cheesecake Energy:''' | |||
Cheesecake Energy Ltd (CEL) has developed the world’s most sustainable energy storage technology for local renewable energy networks (microgrids) and electric vehicle (EV) fleet charging. CEL use off-the-shelf industrial hardware in a proprietary system configuration to deliver an energy storage technology 30-40% cheaper than the market-leading alternative, lithium-ion batteries. | Cheesecake Energy Ltd (CEL) has developed the world’s most sustainable energy storage technology for local renewable energy networks (microgrids) and electric vehicle (EV) fleet charging. CEL use off-the-shelf industrial hardware in a proprietary system configuration to deliver an energy storage technology 30-40% cheaper than the market-leading alternative, lithium-ion batteries. | ||
CEL’s eTanker is a stationary, medium-long-duration energy storage solution which delivers cheap, reliable, efficient energy storage in a modular, containerised package. | CEL’s eTanker is a stationary, medium-long-duration energy storage solution which delivers cheap, reliable, efficient energy storage in a modular, containerised package. | ||
'''Cheesecake Energy’s vision:''' | |||
To be the supplier of choice globally for medium-scale medium-duration energy storage systems by 2025. | To be the supplier of choice globally for medium-scale medium-duration energy storage systems by 2025. | ||
'''Status on current round:''' | |||
Seeking to raise £500k-£750k for a 12-month runway, of which £435k is committed including £200k from Imperial. | Seeking to raise £500k-£750k for a 12-month runway, of which £435k is committed including £200k from Imperial. | ||
Line 98: | Line 101: | ||
'''What commercial progress have you made?''' | '''What commercial progress have you made?''' | ||
Founded in 2016, the company received £1.3m in research contracts in 2019 and 2020 from Shell and Highways England, to design and build a prototype eTanker system, due for completion in Q3 2021. This demonstrator system will be deployed in Q4 2021 in the company’s first customer pilot project, charging an electric vehicle fleet using renewable energy for Nottinghamshire County Council, and reducing the Council’s grid connection costs. CEL is quickly establishing itself within the East Midlands energy ecosystem and beyond — having secured initial interest in piloting the technology from a range of organisations including local authorities, renewables developers, electric bus depots and industrial manufacturers. Specialist mining project financiers NRG Capital Partners and Engie Fabricom, the industrial services arm of energy giant Engie, have expressed interest in exploring opportunities to offer eTanker systems to their global client base. We are in conversations with Engie Fabricom regarding a pilot installation at its manufacturing site. | Founded in 2016, the company received £1.3m in research contracts in 2019 and 2020 from Shell and Highways England, to design and build a prototype eTanker system, due for completion in Q3 2021. This demonstrator system will be deployed in Q4 2021 in the company’s first customer pilot project, charging an electric vehicle fleet using renewable energy for Nottinghamshire County Council, and reducing the Council’s grid connection costs. CEL is quickly establishing itself within the East Midlands energy ecosystem and beyond — having secured initial interest in piloting the technology from a range of organisations including local authorities, renewables developers, electric bus depots and industrial manufacturers. Specialist mining project financiers NRG Capital Partners and Engie Fabricom, the industrial services arm of energy giant Engie, have expressed interest in exploring opportunities to offer eTanker systems to their global client base. We are in conversations with Engie Fabricom regarding a pilot installation at its manufacturing site. | ||
[[Category:Thesis]] | [[Category:Thesis]] | ||
[[Category:Equities]] | [[Category:Equities]] | ||