AEInnova: Energy harvester to generate €10 million revenue, plans Series A

Source: AEInnova

A whopping 70% of our energy generated gets lost as waste heat. A Spanish startup has developed innovative solutions to collect the waste heat that industry literally throws away and convert it into electricity

Backed by funding totaling over €7.5 million since 2014, Alternative Energy Innovations (AEInnova) is now ready to launch its game-changing energy harvesting system in Spain. Employing the "Seebeck effect" to generate electricity out of temperature differences, the AEInnova system improves energy efficiency and reduces the CO2 footprint of industries, as well as expands the concept of Industry 4.0 – all without complicated installations or expensive maintenance.Their technology combines the latest advances in thermal energy generation with a sophisticated microele...
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Edited by Suzanne Soh

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