Kelvin Thermal Energy, founded in 2013, is a pioneering company in the energy and renewable energy industries. With the slogan "Reliable, inexpensive, emissions-free heat for large buildings and industry," it aims to address the pressing need for sustainable heat solutions. The company recognizes the urgent shift in energy generation, storage, distribution, and usage. It acknowledges the enduring significance of fossil fuels in the global economy while emphasizing the necessity of their prudent use. Kelvin Thermal Energy's focal point is the heating of buildings and industry, which currently accounts for approximately 50% of global energy consumption and produces 40% of emissions. The company's objective is to provide reliable, low-emissions heat derived from renewable and/or grid electricity. Its units are designed to seamlessly integrate with existing thermal systems while offering cost benefits superior to burning fossil fuels. Kelvin Thermal Energy's last investment, a Non Equity Assistance investment on 01 April 2016, was contributed by Cycle Momentum. This investment underscores the confidence of Cycle Momentum in the potential of Kelvin Thermal Energy's innovative approach to sustainable heat solutions.
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