Investor Presentaiton
Letter of Intent (LOI) after winning Hungarian tender
Spearheading into cogeneration industry in Spain
Background
• Competitive tender in Hungary to install thermal energy storage
solution at a major power plant
о Best solution out of six competing technologies
Status
。 First power-to-heat-to-power configuration of Kyoto's Heatcube
о
56 MWh of thermal storage, which will be connected to a steam
turbine providing electricity back to the grid
。 Annual capacity of more than 5,000 MWh electricity
Goal
o Commissioning during the second half of 2023
"We're impressed by the potential of the
Heatcube. It was selected as the most suitable
and cost-effective solution. We're excited to be
working with the Kyoto team to realize this
innovative project, which is important to integrate
more renewable sources in the energy mix"
Tamás Pusztai,
REG
CEO of Reliable Energy Group
KYOTOView entire presentation