Kyoto Group AS Announces Management Changes

Kyoto Group AS is a Norway-based company that aims to capture and manage the abundant energy from variable renewable sources such as solar and wind power and apply it to reduce the Carbon Dioxide (CO2) footprint for industrial thermal loads. Kyoto Group disconnects the time power is made from when it is used by leveraging increasing energy market fluctuations and excess power from wind and solar. The Company is an operator and seller of the Heatcube thermal batteries, that enable industrial consumption of low-cost heat sourced from excess solar and wind energy. The Heatcube is based on molten salt and may be customized to meet the industry’s energy needs and offer multiple services such as delivery of heat and electric power as well as being used for balancing of the electricity grid.