Photoncycle submitted its patent application for its innovative energy system to the European Patent Office today. Onsagers and SINTEF assisted Photoncycle to prepare the patent application.
After a five month feasibility assessment of the Photoncycle distributed energy concept, SINTEF delivered its feasibility report today. Einar Vollestad Phd who has been leading the assessment on behalf of SINTEF noted the following about the Photoncylce concept “The study has found that concept has significant promise for implementation”
Based on the positive feasibility assessment, work has started to address the remaining technical challenges. In parallel, selected technology partners will be contacted with a view of partnering up for the system development phase.