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American Entrepreneur, Billionaire And Philanthropist, John Paul Dejoria, Invests In Texel To Support The Green Energy Transition

Mar 15, 2022•almost 4 years ago
Stockholm

Description

The American entrepreneur and self-made billionaire behind John Paul Mitchell Systems and Patron Tequila, the philanthropist John Paul DeJoria, partners with the Swedish American battery technology development company TEXEL Energy Storage, to support and to speed up the global green energy transition towards a circular and CO2 free future.

Company Information

Company

Texel

Location

Stockholm, Stockholm County, Sweden

About

The company is preparing for several technical demos, followed by commercial demonstrations, to cater for three targeted market segments, ranging from long duration grid energy storage to creating energy storage for independent households and micro grids. TEXEL has an exclusive license agreement with one of US Department of Energy's national laboratories, Savanah River National Laboratory, on one of the key parts of its battery technology solution.