Freezing for the future: $46m boost for cryogenic energy storage pioneer Highview Power

clock • 2 min read

Japanese heavy industries specialist SHI is investing in UK-based Highview Power, developer of the CRYOBattery

The global rollout of cryogenic energy storage technology received a boost yesterday as Japanese manufacturing giant Sumitomo Heavy Industries (SHI) announced a $46m investment in British clean tech firm...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

Almost £30m in new funding awarded to battery technology projects

Almost £30m in new funding awarded to battery technology projects

Businesses and researchers sourcing, processing, and recycling valuable battery materials awarded fresh funding from Innovate UK

Stuart Stone
clock 13 November 2026 • 4 min read
How Xeros is using tech to create longer-lasting clothes and tackle microfibre pollution

How Xeros is using tech to create longer-lasting clothes and tackle microfibre pollution

CEO Neil Austin explains how Xeros is turning its microplastic filter denim-finishing technology into practical real-world applications

Stuart Stone
clock 09 November 2026 • 5 min read
Meatly selects location for 'Europe's largest' cultivated meat facility

Meatly selects location for 'Europe's largest' cultivated meat facility

Pet food pioneer relocates to west London’s Grapht Works, as it prepares for first production runs and product launches next year

Stuart Stone
clock 03 November 2026 • 3 min read