We decarbonize process heat

At scale. For Industry.

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What we do

The future of industrial heat is fossil-free and it’s arriving faster than ever.

At Kyoto Group, we accelerate this shift by replacing fossil-fired boilers with Heatcube, our flexible thermal battery that delivers clean, on-demand heat to meet industrial needs.

As a trusted partner to energy-intensive sectors, we provide cost-effective, decarbonized process heat that helps industry scale sustainably and transition away from fossil fuels.

 

 

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Our approach

Kyoto Group is driven by a clear purpose: to accelerate industrial decarbonization by making clean heat accessible, affordable, and easy to adopt.

We focus on energy-intensive sectors — industries that rely on heat to produce the world’s food, materials, and goods because that’s where the climate impact is greatest. These industries face real pressure to cut emissions without disrupting operations. We make that shift possible.

Our Heat-as-a-Service offer is the perfect solution to the industry's transition needs. By managing the full lifecycle, we simplify integration and ensure performance. Our modular thermal battery, Heatcube, fits seamlessly into existing systems and is supported by monitoring, optimization and energy management.

Kyoto’s approach is practical, partnership-driven, and built for scale.

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Where we began

Since our founding in 2016 in Oslo, Norway, Kyoto Group has established a presence in Seville, Spain.

Over the past nine years, we’ve grown our international footprint through the acquisition of Mercury Energy in 2022, which led to the creation of Kyoto Technology Spain, and by deploying two commercial Heatcubes across Europe.

In 2024, Glentra Capital became our principal owner. Founded in 2022, Glentra is a Danish energy fund dedicated to accelerating the green transition through decarbonization and energy efficiency.

With deep expertise in energy infrastructure and long-term capital, Glentra supports the scale-up of Kyoto’s Heat-as-a-Service model, enabling faster Heatcube deployment and greater impact for energy-intensive industries.

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Expanding our vision

Kyoto Group leads the thermal battery industry, with more than 70 MWh of installed storage capacity and 40–50 GWh of annual heat supply already in operation in Europe, along with a strong pipeline of projects currently underway.

This momentum is driven by a global market opportunity of over 11,200 TWh in electrifiable industrial heat, representing 3,700 GW of potential demand response capacity*.

Positioned at the intersection of energy, industry, and infrastructure, Kyoto is enabling manufacturers to load shift, stabilize power markets, and decouple heat generation from fossil fuels.

*Electrification of industrial heat with TES/Heatcube

The missing link

 
Two-thirds of industrial energy demand is for heat, not electricity. And 90% of that heat still comes from fossil fuels.

Heatcube breaks that dependency. It disconnects the time energy is made from when it's used — the final missing link between renewable energy and industrial process heat.

What drives us

 

Care

We are a caring company aiming to solve the world's biggest problem, and take care of our team.

Enthusiasm

Enthusiasm fuels the drive we need to achieve success. More than identifying holes in the cheese.

Determination

What we are doing, has never been done before. It may be a bumpy road, but determination will see us through.

Kyoto Group is a diverse and purpose driven company.
In Kyoto, our values are present in everything we do, and we should be clearly recognized internally and externally for our value-based leadership and authentic culture.

Our vision is to build a company which is simple to operate with and within, where our employees are encouraged to do right rather than avoiding mistakes, where internal politics and bureaucracy are made redundant and where our processes and procedures are scalable and universal.

Board of directors

Lars Villadsen

Chairman

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Henrik Tordrup

Board member

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Christina Aabo

Board member

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Leadership team

Morten Bülow

Chief Executive Officer

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Simen Valåmo

Chief Financial Officer

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Andrés Barros Borrero

Chief Technology Officer

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Tim de Haas

Chief Commercial Officer

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Celebrating innovation & impact

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Kyoto Group is a validated member of the World Alliance for Efficient Solutions by Solar Impulse Foundation 

Our flagship product, Heatcube, has earned the prestigious Solar Impulse Efficient Solution Label, which recognizes clean, profitable solutions with the potential to tackle today’s pressing environmental challenges.

The World Alliance unites 1,000 innovative solutions from startups, companies, and institutions that are committed to creating jobs, generating profit, and protecting the environment—all while improving quality of life. The foundation is a dedication that emerged from a solid conviction: climate change can only be tackled through the lens of profitability and popular endorsement.

Discover more about Heatcube's Solar Impulse Efficient Solution labell

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Winners of Energy Transition Changemakers award at the COP28

The Energy Transition Changemakers award is based on the innovation and scalability of approaches used to overcome project barriers. The initiative aims to foster private sector collaboration in delivering innovative and scalable decarbonization projects globally and demonstrate solutions to help enable and accelerate the energy transition.

Kyoto Group won the award for Heatcube, our groundbreaking thermal energy storage system

Read more about the award

 

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Winners of the Innovation and Sustainability Awards at FEFCO 2023

The FEFCO Awards celebrate impactful technologies that accelerate industrial decarbonization and drive sustainable change.

Kyoto Group won both the Innovation Award and Public Award for Heatcube, our thermal energy storage solution that enables clean, high-temperature industrial heat. Voted by industry experts and peers, the recognition highlights Heatcube’s potential to transform energy use in hard-to-abate sectors.

Read more about the awards

 

Kyoto in the news

Finansavisen

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Teknisk Ukeblad

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Energy Monitor

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The Guardian

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Renewables Now

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IEEE Spectrum

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SolarPACES

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