Kyoto : Happy Holidays from Kyoto Group!

Thank you for 2023!

Another amazing year is coming to an end. But before we say goodbye to 2023, we would like to have a look at what was going on in December. We were getting awards, signing new term sheets, and also planning out what 2024 will look like for Kyoto.

Check out our December milestones!

Klingele, one of Germany´s largest paper & packaging manufacturer signs term sheet for Heatcube installation

Kyoto Group has signed a term sheet for delivering a Heatcube to one of Germany's major paper and packaging manufacturers - Klingele. The designated site for installing a first Heatcube is at Klingele's facility in Werne, a corrugated board plant in Germany.

The signed term sheet outlines the project pricing and payment terms for the engineering study that will commence in January 2024 as well as for the Heatcube purchase agreement which the parties aim to sign within April 2024.

"As a pioneer in sustainability, we have been focusing on environmentally friendly and resource-efficient processes in the production of our corrugated board paper and packaging for years. At the same time, we are constantly investing in technologies and innovations to make our energy generation and energy consumption even more environmentally friendly. We are therefore pleased about the joint project with Kyoto Group, as a further milestone in our renewable energy strategy," says Dr Jan Klingele, Managing Partner of the Klingele Paper & Packaging Group.

Read more on Klingele's Heatcube term sheet

Kyoto gets COP28 Energy Transition Changemakers award

We are honored to share that Kyoto was recognized with the prestigious Energy Transition Changemakers award at COP28 in Dubai. We won the award for Heatcube, the groundbreaking energy storage system that enables the decarbonization of industrial process heat.

"This is a fantastic recognition for the Kyoto team, for its hard work, innovative ideas and leading position," says Eivind Reiten, Chairman of the board of Kyoto Group.

Discover more on the COP28 award

Innovation Norway visits Kyoto

We were pleased to welcome Innovation Norway at our Oslo office! Håkon Haugli, the CEO of Innovation Norway, regional director Kristin Willoch Haugen and senior advisor Hallvard Barbogen paid us a visit to congratulate Kyoto on winning the COP28 Energy Transition Changemakers award for Heatcube.

Thank you for coming!

Discover more on the Innovation Norway visit

Kickstarting the SCO2OP-TES project

Kyoto's team members recently joined the kickoff of the SCO2OP-TES project in Brussels. This Horizon Europe project, backed by CINEA, brings together experts including our own Bjarke Buchbjerg, James Brown, Torstein Halvorsen, and Sharat Kumar Pathi, alongside KTH's Silvia Trevisan and Rafael Guedez.

This collaborative effort involves 16 partners from 10 European countries. All consortium partners involved are aiming to develop a first of its kind Thermally Integrated Pumped Thermal Energy Storage (TI-PTES) system based on sCO2 machines. Find out more below!

Discover more on the project

Coming up in January 2024 Kyoto to present at Pareto Securities' Conference!

For the 26th time, Pareto Securities organizes its annual Power & Renewable Energy Conference. This time Kyoto is among the 60 presenting companies that will shape the renewable energy industry and energy transition going forward.

Our CEO Camilla Nilsson will tell more about Kyoto on January 18th at 14:30 in room Skagerak. Don't miss it!

Discover more on the Pareto's Conference

A final note from us to you in 2023 Happy Holidays!

May this time of the year shine bright, powered by renewable energy!

Thank you for your ongoing support. Remember to follow us on LinkedIn and get in touch if you have any questions. We are not slowing down and we are looking forward to 2024!

The whole team and Kyoto wish you a wonderful winter season, celebrating with your loved ones. Happy Holidays and a great New Year!