Of the 14 million euros of this agreement signed with the European Union, 7.4 million will go to the manufacturer of thermodynamic machines.
Enertime signs a 14 million euro agreement with the European Union for the Decagon project | Photo credits: Enertime
Enertime, specialized in the creation and development of thermodynamic machines, announces that it has signed a grant agreement of 14 million euros for the launch of the Decagon project with the European Union.
Funded under the Horizon Europe research and innovation programme, this project aims to develop technological alternatives to reduce greenhouse gas emissions and atmospheric pollutants released by industries and improve their energy efficiency. . To do this, surplus industrial heat would be recovered to be converted into electricity using ORC (Organic Rankine Cycle) system technologies.
This alternative should make it possible to reach higher power levels, to extend the range of usable temperatures, to improve profitability and compactness in order to be able to allow application on various industrial processes. A demonstration of this new system with a 2 MW installation is planned in a steelworks of the company T?inecké Železárny in the Czech Republic.
7.4 million euros
Of the 14 million euros linked to this agreement, 7.3 million will go to Enertime, and an additional 128,000 euros to one of the group’s subsidiaries, Energie Circulaire.
The signing of this agreement is an important step for this four-year project. Gilles David, CEO of Enertime, declares that these additional funds will make it possible to ” develop an avant-garde version of ORC technology, the market for which is accelerating strongly in France and internationally. This success confirms our leadership strategy on a global scale in solutions for recovering waste heat into electricity. “.