Innovatium

Located in East Kilbride, Glasgow, Innovatium are a clean technology company who have patented, PRISMA™ Advanced Liquid Air Energy Storage system. 

PRISMA provides a long-duration and flexible energy storage solution for energy intensive businesses. It aims to resolve the intermittency and fluctuating supply issues seen in renewable energy generation, and does so in a safer, more cost-effective and environmentally friendly way compared to current mainstream lithium-ion batteries.  

The award-winning technology is predominately made from fully recyclable materials. It works by using off-peak electricity to cool and liquefy compressed air. It then converts this stored, liquid energy back into compressed air to generate power when it is needed. It has been proven to reduce energy costs and CO2 emissions by up to 30% per industrial site.

Our investment in Innovatium aligns with Scotland’s ambitions to lead in innovation and address global challenges such as Net Zero.

It will enable Innovatium to grow its team, scale production and fast-track the commercial rollout of the PRISMA system. The investment is expected to create 30 jobs in Scotland over the next 4 years and will support the scaling of the technology for use in data centres, where energy demand and sustainability pressures are causing global concern.