ENERTIME (FR0011915339 – ALENE), announces the participation of Enertime and its subsidiary Energie Circulaire in the PUSH2HEAT project which officially started on October 1, 2022.
The project has been funded under the European Union’s Horizon Europe research and innovation program (Grant Agreement number 101069689) and will receive a total budget of approximately €7.8 million, over a period of 4 year.
As part of the project, Enertime will develop and manufacture a new generation of very high temperature heat pumps producing steam at more than 140°C and which will be demonstrated in a paper production plant located in Italy, while Energie Circulaire will take care of the development of the business model and the management of innovation for the evaluation of the results of the project.
For their participation in the PUSH2HEAT project, Enertime and Energie Circulaire benefit from a grant of up to 1.16 million euros for the duration of the project. The results of the demonstrator will be used as a reference to assess the impacts of the developed solution in different scenarios and its applicability in other potential processes.
Gilles David, Chairman and CEO of ENERTIME, declares: ”
The selection of our consortium by the European Union and the aid funding allocated to us will allow us to develop an innovative high-efficiency Heat Pump solution for steam production which the market very much needs to reduce consumption. natural gas in industry. This success confirms our leadership strategy for innovative solutions for decarbonizing the industry using thermodynamics.
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This project has received funding from the European Union’s Horizon Europe research and innovation program under GA n. 101069689.
ABOUT ENERTIME
Founded in 2008, ENERTIME designs, develops and implements thermodynamic machines and turbomachines for industrial energy efficiency and decentralized production of renewable energy.
ENERTIME supports its Customers and Industrial Partners in the implementation of complex industrial solutions for the production of thermal or electrical energy. ENERTIME’s ORC machines transform heat into electricity, Heat Pumps produce
high temperature heat with lower temperature heat and electricity. Gas expansion turbines recover the energy lost in the gas distribution networks to produce electricity and cooling. On the ORC market, ENERTIME is one of the four main world players and the only French company fully mastering this technology of high-power machines (1 MW and more).
ENERTIME is the only player combining an ORC offer and an HT° Heat Pump Offer. Based in Ile de France, ENERTIME has 35 employees, including 19 engineers.
ENERTIME is listed on the Euronext Growth market
ISIN: FR0011915339 – Mnemo: ALENE
More information on
https://www.enertime.com
CONTACTS
ENERTIME
Gilles DAVID – CEO – [email protected]
Sophie DUGUE – Office Manager – [email protected]
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Full and original press release in PDF format:
https://www.actusnews.com/news/76640-2022-10-07-cp-enertime-et-sa-filiale-energie-circulaire-participent-au-lancement-du-projet-push2heat-finance-par- europe.pdf
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