Silbat Energy Storage Solutions, SL
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Silbat Energy Storage Solutions, SL - overview
Established
2019
Location
Madrid, -, Spain
Primary Industry
Energy Storage & Batteries
About
Based in Madrid, Spain, and founded in 2019 by its CEO, Ignacio Luque-Heredia, and CSO, Antonio Luque, Silbat Energy Storage Solutions, SL, operates as a technology company specializing in the development of disruptive electricity storage technology. In April 2023, Silbat Energy Storage Solutions, SL raised venture funding from EIT InnoEnergy. Silbat Energy Storage Solutions, SL's core product is long-duration electricity storage technology based on molten silicon. It process involves converting electricity into heat and storing it in molten silicon, which is abundant and highly energy-dense.
When power is required, the stored heat is converted back into electricity using thermophotovoltaic (TPV) cells. These cells efficiently convert the infrared emission of a 1410°C radiant source back into electricity, making the stored energy readily available for use on demand.
Current Investors
InnoEnergy
Primary Industry
Energy Storage & Batteries
Sub Industries
Renewable Energy, Energy Storage & Batteries
Website
www.silbat.com
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Silbat Energy Storage Solutions, SL - timeline of key events
Silbat Energy Storage Solutions, SL - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|
| Revenue (USD) | - | 86,667 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - |
| EBITDA (USD) | (17.6) | 193.3 | - | - | - |
| Operating Income (USD) | (17.6) | (591.6) | - | - | - |
| Operating Margin | - | (0.7%) | - | - | - |
| % EBITDA Margin | - | 0.2% | - | - | - |
| NET Income (USD) | (17.6) | (443.7) | - | - | - |
| % Net Margin | - | (0.5%) | - | - | - |
Silbat Energy Storage Solutions, SL - employee data
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