Company Description:

phelas is pushing green energy production worldwide to the next level. Our Liquid Air Energy Storage will help to store green energy for short and medium durations. It will allow an increase of renewable energy in the grids and make them more economical. To top it off, it doesn’t use critical materials in contrast to Lithium-Batteries. 
Our technology is based on already established industry solutions (cryogenic tanks, turbines, compressors) and easily scalable. With our unique approach, we are able to solve the existing hurdles of Liquid Air Energy Storage and enable decreasing costs as well as new business models. We collected initial funding via grants and are currently preparing our Pre-Seed round.