Dynelectro

The EIC Accellerator community highlights the closing of our funding round at Dynelectro, quoting below in their story: "The technology may significantly transform and strongly accelerate a major new market. It therefore justifies a breakthrough characterisation. It supports the adoption of hydrogen as a major clean energy carrier and strongly contributes to the EU’s Green Deal" Read the full EIC Community Story here: https://lnkd.in/dhvqrDyX The investment round is led by prominent early-stage investors, including Export and Investment Fund of Denmark (EIFO), Yara Growth Ventures , Vsquared Ventures , PSV PSV Deeptech, The Footprint Firm and the European Innovation Council and SMEs Executive Agency (EISMEA) / EIC Fund.

Yesterday we announced our €11 million investment round and we are very pleased to share how much interest this has generated. Have a look: Tech Funding News - https://lnkd.in/gQwrkKav Tech.eu - https://lnkd.in/ejvU3wCr European Innovation Council and SMEs Executive Agency (EISMEA) - https://lnkd.in/dwD5yRV3 Export and Investment Fund of Denmark - https://lnkd.in/drdJcqbB Finans - https://lnkd.in/dbZTseDq EU-Startups - https://lnkd.in/dneHKaRN Tech Funding News - https://lnkd.in/gQwrkKav H2 View - https://lnkd.in/d2H_bG9X Innovation News Network - https://lnkd.in/eY8rEWvN PSV - https://lnkd.in/dmwVVEMT Offshore Energy - https://lnkd.in/dDcfRseA ArcticStartup - https://lnkd.in/dB65PFtE Quantum Commodity Intelligence - https://lnkd.in/dxsDDymS Fuel Cells Works - https://lnkd.in/dg7Qaj6v Dynelectro - https://lnkd.in/dzgPHe9e Investors: Yara Growth Ventures, Export and Investment Fund of Denmark, PSV, The Footprint Firm, European Innovation Council and SMEs Executive Agency (EISMEA) Innovation collaborators: Shell, EUDP - Det Energiteknologiske Udviklings- og Demonstrationsprogram, Ramboll, Siemens Gamesa, BlueNord ASA, resolvent, PowerCon, AAU Energy, ARC – Amager Ressourcecenter, DTU - Technical University of Denmark, Energy Cluster Denmark, Innovation Fund Denmark Søren Højgaard Jensen, Samantha J. Phillips, Sune Lilbaek, Anders Kjær, Lise Rechsteiner, Christian Winther, Christian Sparrevohn, Björn Heinz

Dynelectro secures €11 million for 1-MW Dynamic Electrolyser Unit to boost hydrogen economy and enable the green energy transition Dynelectro raises €11 million to develop and deploy their innovative 1-MW Dynamic Electrolyser Unit (DEU) at European Energy's Danish renewable energy facility. The investment round is led by prominent early-stage investors, including Export and Investment Fund of Denmark (EIFO), Yara Growth Ventures, Vsquared Ventures, PSV Deeptech, The Footprint Firm and the European Innovation Council and SMEs Executive Agency (EISMEA) EIC Fund. Dynelectro has additionally secured €9 million in grants through collaborations with leaders including Shell underscore the robust support for sustainable energy solutions. Søren Højgaard Jensen Samantha J. Phillips Mads Nielsen Pia Lindberg Sune Lilbaek #Innovation #GreenHydrogen #BuildingACleanFuture #CleanAffordableEnergy #SOE #EIB #EIC https://lnkd.in/dzgPHe9e

At Dynelectro, we are fortunate to have access to excellent consortium partners in our EUDP - Det Energiteknologiske Udviklings- og Demonstrationsprogram co-funded DynEfuel project (https://lnkd.in/dmJrq3rV). Reversible power-to-X technology for the dynamic production of eFuels - DynEfuel The purpose of the project is to conduct a field demonstration of a 0.15 MW dynamic electrolyser unit. The demonstration will be used for further scaling Dynelectro’s dynamic electrolyser technology for production of syngas optimized for methanol production.   Project description The ambition of the DynEfuel project is to construct, and field test a 0.15 MW pilot scale Power-to-X plant, which uses fluctuating power from a wind turbine to produce syngas optimised for methanol production. Specifically, the project will construct a power converter system based on the patent design and topology developed and optimized for AC:DC operation. Construct a 0.15 MW submodule using commercially available stacks. Construction of a container-sized dynamic electrolysis unit. Design and test syngas production optimised for methanol production. Identify offshore operation requirements and implement into the design and operation strategies for the dynamic electrolyser unit. Cold commissioning of the system at Dynelectro’s test site. The DynEfuel project will allow the consortium to obtain field data from an operational site which will be used to optimise the engineering and design for the subsequent development in the technology. The market requires MW to GW sized electrolysis systems for eFuel synthesis. The project integrates the results obtained in the DynAmmonia project and is a key part of improving the performance of MW-sized dynamic electrolysis units to the market. The project activities will be used to develop the Dynamic Electrolyser Unit (DEU) technology to prepare for a subsequent 1 MW demonstration and to safely integrate the next part of the value chain, fuel synthesis, into the operation.  In photo (center to counter-clockwise): Samantha J. Phillips (Co-founder, Dynelectro), Lene Gottrup Barfod (resolvent), Søren Højgaard Jensen (Co-founder, Dynelectro), Erik Schaltz (AAU Energy), Mads Nielsen (Head of Engineering, Dynelectro, Mads Lyngby Petersen (Advisor, EUDP - Det Energiteknologiske Udviklings- og Demonstrationsprogram), Eva Ravn Nielsen (PTX Global Advisor, Ramboll), Lucile Franoux (BlueNord ASA), Urs Mohn (Head of Engineering, BlueNord ASA), Pia Lindberg (CFO, Dynelectro), photo taken by Sune Lilbaek (CEO, Dynelectro). #EUDP #DynEfuel #efuel #PTXinnovation #innovation

The vote from Folkemødet 2024 is in - Dynelectro has POWER-TO-X-FACTOR! Mads Nielsen, Head of Engineering, took up the challenge at the Power-to-X-Factor contest hosted by Energy Cluster Denmark, presenting our breakthrough AC:DC technology in a 3 minute pitch. The audience loved it, and with a ⚡thunder⚡ of applause, they voted in favor of Dynelectro as the most promising #P2X technology. Thank you to Mads for taking up the challenge and pitching with a six-pence and a cool soundtrack. And thank you to the audience, and not least, Energy Cluster Denmark for the nomination. #innovation #p2x #ptx #cleanenergy #PTXinnovation #folkemødet

Tillykke til Dynelectro med Power-to-X-prisen 2024! Tak til Energy Cluster Denmark for indstiftelsen af prisen, til mine meddommere i panelet Peter Weinreich-Jensen og Sune Stampe Sørensen for sjove og kompetente vurderinger. Også godt gået af Nordic Hydrogen og Zero Entropy! EUDP - Det Energiteknologiske Udviklings- og Demonstrationsprogram støtter Dynelectros projekt DynEfuel, som i perioden 2023-25 skal konstruere og teste et 0,15 MW Power-to-X pilot-skala anlæg, som anvender fluktuerende vindmøllestrøm til at producere syngas optimeret til metanolproduktion. Skulle du ligge inde med en lige så innovativ og perspektivrig teknologi, så hold øje i den kommende uge, hvor næste ansøgningsrunde til EUDP offentliggøres..

TV 2 Danmark - TV 2 Kosmopol - have featured Dynelectro in relation to the EUR 2.5 million received from the European Union to upscale our technology to the 1-MW electrolysis scale. We use renewable power to convert water into hydrogen which can be then used for low-emission fuels or other industrial applications. Feedback from the EU grant states, "...if successful, [the technology] may significantly transform and strongly accelerate a major new market. It therefore justifies a breakthrough characterization. It supports the adoption of hydrogen as a major clean energy carrier and strongly contributes to the EU's Green Deal." All of this is only possible with the remarkable, diverse and talented team. Søren Højgaard Jensen, Samantha J. Phillips, Sune Lilbaek, Mads Nielsen, Pia Lindberg, Martin Nørby Nielsen, Anne Lyck Smitshuysen, Thomas Erik Lyck Smitshuysen, Ana García Romañach, Anders Lemming, Carl Richter, Federico Mattera, Henrik Møller, Joshua Mermelstein, Marie Traulsen, Mian Tahir Mahmood, Olivia Fjord Sloth, Stig Jensen, Ulrik Worch Knudsen and to Gate2Growth's Rasmus Egvad and Anna Paulusz. The profile video is in Danish and was introduced as "an idea which could save the world." Watch it here: https://lnkd.in/dr-euq5W #hydrogen #innovation #ptx

Dynelectro was recently awarded the EU Horizon EIC Accellerator grant. Today we got to tell about the importance of grant support to start-ups / scale-ups at TV 2 Kosmopol - watch it at https://lnkd.in/dWS7mJnr It is exciting to be part of the Dynelectro adventure - have a feeling that is not every day, the TV host introduces a company mentioning that they are "trying out an idea, that may help saving the planet" (quote TV2). Thank you to Søren & Ulrik for inviting me to be part of the journey, everyone at Dynelectro, our partners, the team at Greater Copenhagen EU Office and not least EU for believing in us and supporting us! And … do not forget to exercise your democratic right to vote at the ongoing EU election!

We are nearly half way through the EUDP - Det Energiteknologiske Udviklings- og Demonstrationsprogram co-financed project, DynEfuel - Reversible power-to-X technology for the dynamic production of eFuels. The purpose of the project is to conduct a field demonstration of a 0.15-MW dynamic electrolyser unit. The demonstration will be used for further scaling Dynelectro’s dynamic electrolyser technology for production of hydrogen which will be further synthesised into different products, such as e-fuels. This project is critical in the path to upscaling the technology to be ready for commercial deployment. Partners: Dynelectro Ramboll Siemens Gamesa BlueNord ASA resolvent AAU Energy PowerCon A/S ARC – Amager Ressourcecenter Special thank you to the steering committee members and ensuring their respective organisations deliver on commitments: Søren Højgaard Jensen, Samantha J. Phillips, Eva Ravn Nielsen, Finn Daugaard Madsen, Urs Mohn, Lene Gottrup Barfod, Erik Schaltz, Allan Holm, Jannik Kappel and special guest Mads Lyngby Petersen. Photo credit: Lene Gottrup Barfod showing Mads Nielsen (Head of Engineering) explaining how the Dynamic Electrolyser Unit works. For commercial applications, reach out to Sune Lilbaek. Read more about the project here: https://lnkd.in/dmJrq3rV

Sifted has named Dynelectro as one of the "early-stage start ups to watch" within hydrogen & nuclear energy sector. https://lnkd.in/gjGqUQgm