OSLO, NORWAY: Kyoto Group announced the signature of a Memorandum of Understanding with Schneider Electric, the leader in the digital transformation of energy management and automation. The companies’ shared goal is driving mutual business growth while decarbonizing and electrifying industry together. The two companies aim to enter into a multi-country commercial agreement (“MCCA”). It will…
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Iberdrola, Spirax-Sarco invest in Kyoto Group to decarbonize industrial heat
OSLO, NORWAY: Kyoto Group, Iberdrola, and Spirax-Sarco Engineering have signed an agreement to invest in Kyoto Group’s Heatcube thermal energy storage solution. The investment will help to accelerate the decarbonization of industrial process heat by providing industrial customers with the technology to lower their costs and emissions. Heatcube is a modular, low-cost thermal energy storage…
Camilla Nilsson appointed as Kyoto Group’s permanent CEO
OSLO, NORWAY: Kyoto Group AS has appointed Camilla Nilsson as permanent CEO of Kyoto, after serving as interim CEO since December 2021. She assumes the role with immediate effect. Camilla Nilsson has previously served as CFO of Kyoto from March 2021. She has extensive international industrial experience from leadership positions in large international companies as…
Kyoto Group acquires Mercury Energy in Spain
OSLO, NORWAY: Kyoto Group AS announced the acquisition of Mercury Energy S.L. from Andrés Barros Borrero, who is also the owner of RPOW Consulting. Mercury Energy will become a subsidiary of Kyoto and a new business unit named Kyoto Technology Spain S.L. The share purchase agreement with Andrés Barros Borrero was signed on 23 March…