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In its ambition to replace fossil fuels, TEXEL is working on developing a new battery or energy storage technology focusing on the markets for large-scale energy storage, buses, trucks, ferries, commercial buildings up to large-scale energy storage for wind and solar power generation. TEXEL has subsidiaries with development operations also in the UK and the US.

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  • Daniel Wilke

    Head of PR


    Kungsgatan 48 411 15 Gothenburg SWEDEN
    http://www.txles.com/

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    “This study has shown the tremendous potential of exploiting chemical bonds to efficiently store energy, an area that SRNL has been advancing for many years. We look forward to scaling this technology with TEXEL.”
    Dr. Ragaiy Zidan
    “The report from SRNL is valuable information for all our external partners and further indicates that the world will be able to move away from fossil fuels in an economical, sustainable manner. We hope that this information will help us to mobilize needed funds and support to rapidly move the technology towards commercialization”
    Lars Jacobsson, CEO of TEXEL Energy Storage.
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    TEXEL Acquires Thermal Energy Technologies from Former Nasdaq-Listed AZELIO

    TEXEL Energy AB (“TEXEL”), a world leader in thermal energy-to-electricity technology, has today announced the acquisition of all Stirling engine releated assets to the “Gas-Box” development from former Nasdaq-listed Azelio AB. This strategic acquisition further strengthens TEXEL’s position in converting various heat sources into electricity.In addition to the Stirling engine technology, TEXEL has also acquired the full developed thermal energy storage technology from Azelio, broadening the company's technological portfolio. Azelio has been investing aproximatly $400 million in R&D over the

    TEXEL Energy Storage rebrands as TEXEL Energy to reflect new green business opportunities

    TEXEL Energy Storage AB (“TEXEL“) announced a rebranding to TEXEL Energy, a name change that better reflects the multifaceted business opportunities that have emerged through years of research and development (R&D), acquisitions, and partnerships. This rebranding marks a new phase for the company with focus on comercialisation, where energy storage remains a prioritized business area, while new business divisions such as TEXEL Flare Gases, TEXEL Defence, and TEXEL Biofuels are introduced. Additionally, the industrial arm responsible for producing the core technology that connects these

    TEXEL Energy AB and Jord AB Expand Their Partnership to Convert Rapid-Growth C4 Grass into scalable Green Electricity

    TEXEL Energy is further investing in Jord AB, and simultaneously, the companies have signed an agreement to adapt TEXEL's energy production technology to generate electricity from Jord's pellets and briquettes, made from C4 grass. Jord's ambition is to cultivate the world's fastest-growing biomass (C4 grass) at various locations around the globe to convert it into renewable fuel in the form of pellets and briquettes.Jord has existing cultivations of this special grass in both Senegal and the Dominican Republic, and with TEXEL's recent acquisition of assets from the publicly listed Swedish

    TEXEL, supported by Swedish Government, in new collaboration to create sustainable energy system

    The collaboration is partially funded by the Swedish governmental innovation agency, Vinnova, and within this project, an alliance of industry leaders, public agencies, and energy corporations will work together to forge an industrial framework to create a resilient industry and sustainable energy system. The project includes actors such as E.ON and Uniper, two of Europe's leading energy companies, along with Sweden's governmental research institute RISE, City of Malmö, the global healthcare provider Orion, and health product innovator TePe.The challenges with electricity supply and the

    New CTO Appointed at TEXEL after the Acquisition of Swedish Stirling

    Following the recent acquisition of publicly traded GreenTech company Swedish Stirling AB's entire assets, TEXEL Energy Storage has now recruited Swedish Stirling's former CTO, Christian Nilsson, as TEXEL's new Chief Technology Officer (CTO). TEXEL Energy Storage, which develops large-scale "Long Duration" energy storage based on hydrogen and the world's most advanced Stirling engine, is strengthening its position in GreenTech and energy storage by integrating additional expertise from Swedish Stirling that Christian Nilsson possesses.TEXEL, through its wholly owned subsidiary TEXEL

    TEXEL Energy Storage acquires all the technology assets of the publicly listed environmental technology company, Swedish Stirling

    On March 19, it was announced that TEXEL Energy Storage AB ("TEXEL") had made a public takeover offer ("Offer") for the shares of the publicly listed environmental technology company, Swedish Stirling AB ("Swedish Stirling"). On April 29, TEXEL confirmed the withdrawal of the Offer. The reason for the withdrawal was that the Offer was, among other things, conditional upon Swedish Stirling's board of directors cancelling the extraordinary shareholders' meeting scheduled for March 20, 2023, and that Swedish Stirling not be placed in liquidation, bankruptcy, or commence corporate reconstruction

    TEXEL and Nereid Water team up to ensure Energy and Water security to California

    “A game changer: combined fresh renewable energy storage and fresh water production.” TEXEL and Nereid Water team up to solve two of the world’s most important issues of future survival – cost effective stored renewable energy and water desalination - two key issues for the supply of energy and fresh water for drinking & agricultural irrigation. This joint offering will be hugely attractive to markets ranging from resorts and farms to the State of California. The two companies see a massive opportunity both in terms of business and environmental benefits.Clean fresh water and the storing

    TEXEL and Triton in cooperation to develop next generation Electric Hybrid powertrain for trucks

    The Swedish origin innovative battery development company TEXEL Energy Storage has agreed to partner with the American EV manufacturer Triton, to accelerate the shift into developing the next generation Electric Hybrid powertrain for trucks. New technologies are needed to meet the demand of a circular future, to stop consuming our planets resources.Today TEXEL Energy Storage and Triton announced their co-operation to develop the next generation of electric hybrid powertrain for electric vehicles, including Triton electrical long-distance semi-trucks. The TEXEL hybrid technology combining

    American entrepreneur, billionaire and philanthropist, John Paul DeJoria, invests in TEXEL to support the green energy transition

    The American entrepreneur and self-made billionaire behind John Paul Mitchell Systems and Patron Tequila, the philanthropist John Paul DeJoria, partners with the Swedish American battery technology development company TEXEL Energy Storage, to support and to speed up the global green energy transition towards a circular and CO2 free future.To move the world away from fossil fuels, cost effective new battery technology solutions are critical. More mature renewable energy markets, like California, have reached the point where large-scale energy storage systems are vital for further boosting

    TEXEL and AltaSea to bring urgently needed new energy storage technology to the California market

    Cost-effective and circular energy storage is needed to utilize renewable energy and move away from fossil fuels. Markets like California have reached the end of the road; it is not possible to add more wind and solar power to California without adding an energy storage solution. TEXEL and the Port of Los Angeles based innovation hub, AltaSea, have teamed up to demonstrate TEXEL’s long duration energy storage technology in Los Angeles.TEXEL energy storage battery technology was named “the success story beyond lithium-Ion batteries” at the energy storage summit at SLAC National Accelerator

    New study supports TEXEL’s energy storage alternative as a challenger to the lithium-ion battery

    Developing inexpensive renewable energy, such as wind and solar, is one step toward a future with net-zero carbon energy. Creating cost-effective, reliable and sustainable energy storage is another. In a new study, Arizona State University (ASU) has evaluated market opportunities in the U.S. for the Swedish cleantech company TEXEL Energy Storage. According to the report TEXEL offers a lower cost alternative to lithium-ion batteries for the American market.In a new study, Arizona State University (ASU) evaluated U.S. market opportunities for TEXEL Energy Storage, a Swedish cleantech company.

    New report released by U.S. National Laboratory on game-changing grid-scale battery technology

    The Savannah River National Laboratory (SRNL) released a report through the US Department of Energy’s Office of Scientific and Technical Information (OSTI) on a new thermal battery technology that is up to 90% more cost-effective than lithium batteries for large-scale energy storage. The new thermal battery technology was developed by SRNL and exclusively licensed by the Swedish cleantech company TEXEL Energy Storage.Inexpensive renewable energy, such as wind and solar, is just the first step towards a CO2 free energy future, where cost-effective and efficient energy storage is considered

    TEXEL signs an agreement with Arizona State University to move new battery technology towards commercialization in the US

    The battery technology development company, TEXEL Energy Storage (TEXEL), and Arizona State University (ASU) have signed a cooperation agreement with the purpose to bring a new battery technology towards commercialization in the United States. The new battery technology that is originally developed by Savannah River National laboratory (SRNL), is potentially much more cost effective than Lithium-Ion batteries in large scale and is 100% circular.Savannah River National Laboratory (SRNL), one of US Department of Energy's (DOE) seventeen national laboratories, and the laboratory behind the

    The Swedish battery technology company TEXEL signs agreement with Curtin University in Australia to develop next generation battery

    Supported by the Australian Department of Industry, Science, Energy and Resources, Curtin University has developed a new battery technology, not only to bring down the cost of energy storage, but also to ensure the technolgy to become more sustainable and environmentally friendly. The technology does not include any rare earth elements and does not consume any of our planet’s resources.The Swedish origin battery technology development company, TEXEL Energy Storage AB (TEXEL), and Curtin University in Perth, has now signed an agreemnt to develop the new thermochemical energy storage /

    TEXEL receives financial support from Swedish government agency Vinnova for battery technology development

    Swedish battery technology development company TEXEL Energy Storage AB (TEXEL)receives support from Swedish government agency Vinnova to develop and demonstrate anew unique battery technology, originally developed in collaboration with, among others, theUS Department of Energy (DOE), and one of their laboratories, Savannah River NationalLaboratory (SRNL).On Wednesday, TEXEL  received the news that the Swedish government is now entering andsupporting the development of TEXEL´s new battery technology. Previously, the company has beensupported in its

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