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Osmotic energy firm secures €5.2m funding for prototype

15 April, 2021
An image of the Mississippi River Delta: Osmotic energy exploits the power made available when water regions with differing salt concentrations meet (image credit: European Space Agency).
A firm developing a technology to harness “osmotic energy” has secured 5.2 million euros to develop a first full-scale prototype. Osmotic energy “represents a breakthrough in renewable energy as a non-intermittent and abundant source of clean electricity”, according to French start-up Sweetch Energy.
Naturally available from the difference in the salt concentration when river fresh water meets sea water, osmotic power provides a non-intermittent and abundant source of clean energy. Unlike wind or solar energies, and similarly to hydropower, it can deliver electricity continuously, and is easily dispatchable to meet the grid baseload power requirements. With an estimated 27,000 terawatt-hours liberated every year in deltas and estuaries around the world – equiv ....

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Sweetch Energy Secures €5.2m Investment to Develop Its Breakthrough Osmotic Energy Technology

Sweetch Energy Secures €5.2m Investment to Develop Its Breakthrough Osmotic Energy Technology
Sweetch Energy, a European company that pioneers advanced nanotechnology and eco-material science to harness osmotic energy, announced today that it has secured 5.2 million euros to initiate its industrialization phase and develop a first full-scale prototype. Osmotic energy represents a breakthrough in renewable energy as a non-intermittent and abundant source of clean electricity.
Mississippi River Delta. Image Credit: European Space Agency
The investment round was supported by a group of deeptech and cleantech investors with a strong track record in backing highly disruptive industrial companies such as Ÿnsect, Meatable or McPhy Energy. It was led by new investor Future Positive Capital, and co-led by existing investors Demeter and Go Capital. Other investors such as Dominique Gaillard, co-founder of Ardian, and Fabio Ferrari, founder of Symbio, one of Europe’s pione ....

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