A hot technology for clean energy 

Againity is a Swedish technology company that manufactures Organic Rankine Cycle systems (ORC) that convert low-temperature heat into electricity and energy. 

If Againity were to install their heat-to-electricity converters globally, they would reduce global CO2 emissions from heat by 0.18%. That’s the equivalent of 463 million tree seedlings growing for 10 years. 

Category 

Every day, excess heat is lost in industrial processes, and opportunities are missed to utilise the valuable energy in household waste and forestry waste products. With Againity’s system, these wasted resources can be turned into electricity. More than a few companies offer ORC solutions that convert waste heat into electricity. 

Subcategory 

Againity beats many of its ORC competitors thanks to an original and patented 

turbine that handles liquid heat down to 90 degrees Celsius, and has a relatively short repayment period. 

The system’s ORC technology consists of a patented axial turbine powered by pressure from hot steam. This turbine then converts the pressure to electric power using a generator. The turbine works at 3,000 RPM, and the refrigerant they use causes no harm to the environment. 

The benefit of using Againity is the production of climate-friendly electricity from a waste product. Unlike electricity generated by wind or solar power, it’s totally unaffected by the weather, while cost-effective and robust, and. The only downside is the speed of scaling it, and establishing it in new markets. 

Againity has sold 24 ORC systems between 50 kW - 500 kW electricity, including customers such as Solör Bioenergy, E.ON, Eidsiva Energi, Ystad Energi, and Ronneby Energi. 

FACTS

Founded in: 2013
Founded by: David Frykerås (CEO)
Headquarters:
Norrköping, Sweden
Employees 2020/2021: 14/15 

Privately owned revenue 2020: 33 MSEK

Visit the website of Againity at: https://againity. se/

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With the Sustainability report, we want to recognise companies that not only have a great innovation or solution that has a significant impact on lowering CO2 emissions, but also have put in place measures to scale and commercialise.

The companies in the report have been thoroughly researched by the Megadeals team through interviews with highly ranked profiles within the organisations.

The key principle is that only when the great sustainability innovations scale and commercialise they can create a deep impact and the world a better place.

Why is this important? We simply don't have time to wait.