HVACTES
Melbourne
About HVACTES
A major issue in the transition to renewables is a lack of affordable storage. Without storage, solar panels can only be used when the sun is shining and, when it’s not, backup from the grid is required. Batteries provide part of the solution, but they’re expensive and can’t store enough kilowatt hours for heating and cooling - and heating and cooling actually accounts for one third of all energy consumption. Our solution: Drawing on the extensive design, engineering, and fabrication experience of our team at Polyweld, our successful plastics fabrication business, we’ve developed HVACTES, our storage solution for solar power that will provide an on demand supply of carbon neutral energy for heating and cooling. The system comprises a patented water tank that stores hot and chilled water, a controller, and data analytics. Using weather forecast, consumption and other data, it becomes a smart storage system that will power conventional heating and cooling units to match the customer’s heating and cooling needs. A safety system instantly cools the fluid to a safe temperature if required. The system is modular and scalable.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Funding stage: Seed
- Last round: Pre-Seed (Aug 2021)
- Website: conservasphere.com.au
Industries & Categories
Fossil Fuels, GreenTech, Solar, Sustainability
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