COMPONENTS FOR THERMAL ENERGY STORAGE SYSTEMS

Applications

India’s ambitious goal of transitioning towards clean energy depends heavily on technically and commercially viable options available for storing and retrieving energy of different kinds. Cold Thermal Energy Storage (CTES) is a technology that’s mainly used in buildings and industry sectors, wherein it stocks cold thermal energy by cooling a storage medium so that the stored cold energy can be used later for HVAC applications. Its ability to shift energy use from peak to off-peak periods makes it a valuable tool for reducing energy consumption. With its many benefits, cold thermal energy storage is becoming an increasingly popular solution for energy storage needs around the world.

Scope and Market size

India is aiming to achieve 50% of its electricity needs from renewable sources by 2030 to support its net-zero objectives.

Shashee will be manufacturing two of the main components used in Thermal Energy storage systems