Silbat Energy Storage Solutions

Silbat is a startup founded in 2019, headquartered in Spain, specializing in the development of long-duration energy storage utilizing melting silicon. Their slogan, "Long-Duration Energy Storage in Melting Silicon," encapsulates their core objective. With a focus on energy, renewable energy, energy efficiency, and energy storage, Silbat aims to deliver an innovative long-duration battery, capable of withstanding 100 hours, based on the latent heat of fusion of silicon. Their groundbreaking technology has the potential to revolutionize the industry by offering energy-related CAPEX of less than $10/kWh, thus enabling 100% dispatchable variable renewable energies. Furthermore, this advancement in energy storage could facilitate the operation of competitive pricing in comparison to contemporary fossil or nuclear-fueled power plants. The most recent investment in Silbat took place during the Venture Round on May 23, 2023, with Aurora being the investing firm. With their distinctive approach and game-changing innovation, Silbat is poised to make a significant impact in the energy sector and pave the way for a more sustainable and efficient energy future.