In The News

Nostromo is a green energy company at the ‘core of a revolution’

Invezz had the unique opportunity to chat with Nostromo CEO Yoram Ashery along with founder, CTO and President Yaron Ben Nun to understand the company’s technology and outlook

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Jayson Derrick / invezz

22 Jul 2021

The electrical grid as we know it today dates back to the late 1800s. Needless to say, energy demands have greatly increased over the past 150 years at an exponential rate. While solar energy started to gain traction in the late 2000s, there are limitations to solar energy — notably, solar energy is not possible at night.  In California where around 14% to 15% of the energy grid comes from solar, the “Golden State” loses the equivalent of 16,000 megawatts of power when the sun sets, Ashery told Invezz.

This is where Nostromo comes in.  The company’s energy storage solution, the Nostromo IceBrick, stores energy during off-peak or surplus solar hours and then uses it for cooling purposes during peak hours.  The technology relies on water as the thermal storage medium and represents a game-changing technology as more companies invest in reducing their environmental impact.

The IceBrick system is installed on the roof of a building and water is frozen into ice when the thermal IceBricks are charged. It is later thawed out to dispense energy that has been stored throughout the day. Read more