A new approach to industrial energy generation is moving from validation to commercial deployment.
ENG8 Energy is a deep-tech energy company that is commercialising one of the most genuinely promising clean energy technologies in development today.
This week, ENG8 launched its 100 kW Modular Thermal Power Generator at IWAHLM-17 in Bergamo, Italy.
EnergiCells are low energy nuclear reaction (LENR) reactors that generate five to ten times more thermal, electrical and chemical energy than the electricity put in (COP/Q5 to 10).
ENG8’s estimated thermal, electrical and chemical (HHO) generation cost is €15/MWh, compared to European oil and gas prices of €60+/MWh and electrical costs of €100/MWh.
The EnergiCell® has been independently validated on multiple occasions since 2020, confirming net energy export and sustained operation, including a self-powering configuration… verified on two separate occasions.
350PPM was instrumental in raising €3 million for ENG8 in 2023/4 from over 100 investors, with share value increasing from €2 per share to €20 per share this year.
ENG8 is now actively engaged in discussions with strategic investors to raise €20 million to finish development, testing and installing the first megawatt of generating capacity at a client’s premises.
The company is still open to investment from individuals.
If you would like to learn more, receive further information, or arrange a conversation with the team, please feel free to get in touch.