Climate change has become one of the biggest issues in today’s world. People are now becoming cautious that harming the environment is the major cause of the gradual increase in temperature. And, now many startups are focusing on this sector in an attempt to reduce the negative impact on the environment by opting for the greener and more sustainable methods in various aspects.
Founded in 2014, Teraloop is one such cleantech startup based in Espoo, Finland. This startup has developed an alternative model to electrochemical batteries for storing energy. It is a flywheel, which is a mechanical device design to store rotational energy efficiently.