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About

TEXEL Energy is a Swedish greentech company developing circular, true-green technologies that both store renewable energy and convert waste heat into clean electricity. By reducing energy waste and avoiding rare earth dependence, TEXEL provides scalable solutions that drive the global transition towards a sustainable future.

TEXEL Energy is an innovative green technology company (greentech) with Swedish origins, committed to accelerating the global energy transition towards a sustainable future. We focus on developing and commercializing true-green, modular, and circular energy solutions that address the world’s most pressing challenges.

While cost-efficient energy storage remains TEXEL’s core focus, the company’s patented technology has also evolved to include the conversion and use of thermal and other forms of energy waste—either storing it or converting it directly into electricity and other valuable outputs. This approach aligns with TEXEL’s broader mission: to drastically reduce energy waste, promote a sustainable future, and protect our planet’s limited resources.

Thermal Waste
TEXEL’s patented technology transforms waste heat and flare gases—from industrial processes, landfills, and other sources—into green electricity, reducing the depletion of our planet’s resources. Unlike conventional systems, TEXEL can harness even low-quality gases, delivering a modular, off-grid energy recovery solution. This innovation not only lowers emissions but also unlocks valuable power from energy sources that would otherwise be wasted.

Challenges in Energy

The world faces twin challenges: phasing out fossil fuels and meeting surging electricity demand. To succeed, the transition must be sustainable—avoiding rare earth dependence and ensuring reliable, cost-effective, circular energy solutions available anytime, anywhere.

The harmful consequences of our reliance on fossil fuels are indisputable—scientific data and real-world evidence clearly show the profound threats to our climate, biodiversity, and both national and global security. Furthermore, the rapidly growing global demand for electricity is putting enormous pressure not only on energy production, but also on already strained transmission networks.

It is critical that we accelerate the transition to cost-effective, scalable, sustainable, and circular energy alternatives to halt the depletion of our planet’s resources.

However, this transition must be approached with care. We must avoid introducing new technologies that, while green in appearance, continue to exploit and harm the planet. A truly sustainable energy future cannot depend on the large-scale consumption of rare earth minerals—under no circumstances can we allow these finite and destructively mined resources to become the foundation of the green transition.

Robust green energy solutions must ensure a reliable supply of power—day or night, in any weather—without creating new environmental burdens.

The unreliability of green energy production

Renewable energy, such as wind and solar power, need to be available even when the wind is not blowing, or the sun is not shining.

The unblance between production and demand of green energy

Peak production of green energy occurs during midday, while the highest demand of energy occurs in the afternoon and evening.

Energy production depending on fossil fuels

Today the energy systems are largely reliant on fossil fuels, leading to great vulnerability and enormous environmental impact.

Making energy solutions available

TEXEL is reshaping the future of energy by delivering innovative, sustainable, and accessible solutions. Our advanced technologies provide cost-effective and environmentally responsible alternatives for energy production and distribution—offering a range of critical benefits, outlined below.

Combined Technologies

Since its inception, TEXEL has focused on thermal energy and its conversion into electricity, opening a broad range of opportunities. The company develops solutions for storing electricity and heat, generating combined heat and power (CHP), and producing electricity from biofuels, waste gases, and recovered industrial heat.

Since its inception, TEXEL’s development has revolved around one central theme: energy—with a strong focus on thermal energy and its conversion into electricity. This core capability has opened up a wide range of potential business opportunities for the company. Over the years, TEXEL has advanced solutions such as storing electricity as heat, storing heat directly, and then converting this stored energy into combined heat and power (CHP). In addition, the company has developed direct electricity production through the combustion and conversion of biofuels, wood pellets, wood chips, and waste gases, as well as the recovery and utilization of industrial waste heat by converting it into usable energy.

Energy Storage

TEXEL’s energy storage is built for the future—scalable, fully recyclable, and independent of rare earth minerals. Capable of storing energy for centuries with almost no losses, it sets a new standard for truly sustainable energy.

TEXEL’s Energy Storage technology is designed for scalability and near-total recyclability. Unlike conventional solutions, it operates without consuming rare earth minerals or other limited resources. With minimal cyclic degradation, the system can store energy for centuries with negligible losses. This not only addresses today’s storage challenges but also secures the long-term availability of critical materials. By moving beyond traditional costs and supply constraints, TEXEL positions its technology as a strategic investment for a truly sustainable energy future.

TEXEL Heat to Electric Technology

TEXEL is a global leader in scalable technology that converts heat into electricity with high efficiency. Its versatility enables use across multiple sectors, opening new pathways to a sustainable energy future.

TEXEL has established itself as a global leader in Stirling technology. Known for its scalability and efficiency, this technology converts heat into electricity with remarkable performance. Its versatility makes it applicable across a wide range of sectors, driving the global energy transition forward. In regions lacking reliable energy solutions, TEXEL’s technology is opening new pathways towards a truly sustainable future.

Thermal Waste

TEXEL transforms waste heat from landfills, industries, and flare gases into clean electricity—unlocking reliable power from energy sources that would otherwise be lost.

TEXEL’s patented technology converts waste heat from sources such as industrial processes, landfills, and flare gases into clean electricity—turning lost energy into valuable power. Unlike conventional systems, TEXEL can efficiently harness even low-quality gases by capturing their thermal energy, delivering a scalable and off-grid solution for energy recovery. This innovation not only minimizes environmental impact but also transforms overlooked energy sources into reliable, sustainable electricity.

Global cooperation

TEXEL Energy was founded in Sweden but is built on global cooperation that extends across Europe, the USA, and Australia. New game-changing technology demands collaboration with the best in each specific field.

Collaborations and Acquisitions:

TEXEL has built its foundation through strategic acquisitions and exclusive collaborations with world-leading research institutions. With two exclusive licenses and accumulated assets valued at over USD 2 billion, the company holds a unique competitive edge in delivering scalable and truly green energy solutions.

TEXEL was originally founded through the acquisition of the rights to a unique Stirling engine technology, initially developed by Ford Motors in collaboration with submarine manufacturer Kockums. This acquisition became the cornerstone of TEXEL’s innovative approach to energy.

Soon after, TEXEL expanded its technological capabilities by acquiring Stirling Energy Systems and Maricopa Solar in Arizona, which enabled a productive collaboration with the U.S. Department of Energy’s Solar Laboratory, SANDIA National Laboratories.

Building on these foundations, TEXEL established an exclusive collaboration with the Savannah River National Laboratory (SRNL) and Curtin University in Perth, Australia. As part of these collaborations, TEXEL secured two exclusive licenses covering key elements of the technology platforms—further strengthening the company’s strategic position.

The company’s broader strategy has also included acquiring key assets from two Nasdaq-listed companies, which has reinforced TEXEL’s role in the sustainable energy sector and aligned with its mission to deliver scalable, circular, and truly green energy solutions.

Most recently, the acquisition of selected technology components from the Nasdaq-listed companies Swedish Stirling and Azelio has contributed to TEXEL’s overall technology platform. Taken together, the patents, R&D, know-how, exclusive licenses, and other assets accumulated by the company over the years represent a development value estimated at more than USD 2 billion—providing TEXEL with a unique competitive edge and strong entry barriers in the global energy market.

Giga Production

TEXEL is scaling up to giga-level production, building on factory assets acquired from Swedish Stirling with capacity for 10,000 units (≈300 MW) annually. The first step is establishing U.S. production, followed by expansion into Europe.

TEXEL Energy is preparing for large-scale production to meet the massive global demand driven by the energy transition. Scaling up requires mass production of systems and components, making strong partnerships with key suppliers essential. In 2023, TEXEL acquired the assets of the Nasdaq-listed company Swedish Stirling, securing valuable intellectual property, physical assets, and a production capacity of around 10,000 units (≈300 MW) annually. The next step is to establish this capacity in the U.S. and expand it to giga volumes, followed by entry into Europe.

Behind the Innovation

TEXEL’s concept and business model are built on global collaboration, uniting world-leading experts, laboratories, and companies. Development and operations are coordinated by the TEXEL teams in Sweden, the United States, and the United Kingdom.

Company Structure​

Over the years, TEXEL has built a legal structure with corporate entities in Sweden, the UK, and the USA, designed to provide the optimal conditions for achieving the company’s objectives in R&D collaborations, financing, industrialization, and commercialization.