Teraloop Oy

About

Teraloop Oy is a Finnish company based in Espoo, founded in 2014. It specializes in patented flywheel-based kinetic energy storage systems that are scalable, efficient, and sustainable. The company focuses on enhancing energy storage to support the integration of renewable energy, ensuring grid stability, and managing power effectively. Teraloop develops modular flywheel energy storage systems suitable for various applications, including renewable energy generation support, ultra-fast charging for electric vehicles, and grid stabilization. The technology is designed to outperform batteries in high-cycle scenarios, utilizing advanced materials to improve efficiency and reduce environmental impact. The company emphasizes sustainability, sourcing 99% of its materials from European suppliers and achieving a high recovery rate of 94%. Teraloop collaborates with notable partners, including Yaskawa Electric Corporation and Arteche Group, and is involved in projects like IANOS for island decarbonization. Key executives include CEO Antonio Capristo and Founder/COO Philippe Pépin.