In May 2013, it was announced that Xergy had been selected as a Semi-Finalist in the CleanTech-Open (North-East) business accelerator competition.
In May 2013, it was announced that Xergy had been selected as a Semi-Finalist in the CleanTech-Open (North-East) business accelerator competition. On June 26th to 28th, Xergy attended the NE Region Academy in Boston.
There is a 100 year old, dirty, inefficient technology out there that is pervasive and Xergy intends to replace it. It’s in every fridge, AC and car all over the world. It’s the humble refrigeration-compressor, bathed in CFC-like ozone-unfriendly refrigerants and consuming 30% of household and commercial electricity worldwide. 100’s millions are made every year and estimated at a US$15bn market. With an estimated 2 billion more people entering the middle-classes over the next 20 years, this can only grow.
Xergy has the best technology that can produce the most efficient, motor-less, green-refrigerant, noiseless, flexible-form compressor for all forms of heat-pumps and replace those polluting, motor-driven, compressors that are surely the “bête-noire” of the environmental movement.
Our new, patented technology combines the disciplines of thermodynamics and electro-chemistry, in a novel way, never before contemplated. It promises to revolutionize the industry and bring green, safe, efficient technologies into every home, vehicle, office and factory around the world.
Xergy intends to be the manufacturer of this new category of compressor; the core component for all the world’s appliance makers and OEMs. This is a capital-intensive business but Xergy have secured limited funds to complete the necessary fundamental R&D. Funds for commercialization are next.