Market Research Report: Tree Energy Solutions (TES)
Company Overview
Name: Tree Energy Solutions (TES)
Mission: Democratizing access to reliable and affordable green energy through giga-scale projects.
Founded: No information available
Founders:
- Marcel van Poecke, Co-founder and co-chair
- Paul van Poecke, Co-founder and co-chair
- Marco Alverà, CEO & Co-Founder
Key People:
- Alexandra Pieton, Chief Projects Officer
- Jens Schmidt, Chief Technology Officer
- Yves Vercammen, Chief Corporate Officer
- Lei Chen, Chief Commercial Officer
Headquarters: No information available
Number of Employees: No information available
Revenue: No information available
What is the company known for: TES is known for producing electric natural gas (e-NG) derived from green hydrogen.
Products
e-NG (Electric Natural Gas)
Description: A sustainable synthetic methane produced by combining green hydrogen with recycled CO₂. e-NG can replace fossil molecules without requiring infrastructure upgrades.
Key Features:
- Identical to natural gas on a molecular level.
- Easily fits into existing energy infrastructure.
- Cost-effective and scalable.
- Helps overcome challenges related to renewable energy intermittency and hydrogen storage.
Green Hydrogen
Description: Produced using renewable electricity to generate hydrogen through electrolysis.
Key Features:
- No carbon emissions during production.
- Easily reconverted from e-NG for various applications.
Green Power
Description: Provides reliable on-demand green power to combat energy storage and renewable energy intermittency issues.
Key Features:
- Suitable for balancing local renewable energy supply.
- Supports zero-emission technology platforms.
Recent Developments
New Partnerships
TES and ZEG Join Forces
- Date: August 30, 2024
- Details: TES and ZEG Power have signed a Letter of Intent to explore opportunities for green hydrogen production in Germany.
TES and Saibu Gas Join Forces
- Date: August 5, 2024
- Details: TES and Saibu Gas signed an MoU to promote e-NG as a key clean energy source to achieve Japan's carbon neutrality goals by 2050.
TES and Palantir Partnership
- Date: July 29, 2024
- Details: TES partnered with Palantir Technologies to leverage AI for advanced data analytics, supply chain management, and energy transformation.
New Products/Features
- No new products launched: No information is available.
- New Features: No specific new features added.
Other Developments
- TES announced the appointment of Lei Chen as Chief Commercial Officer on June 27, 2024.
- TES launched a new capacity booking round at Wilhelmshaven Green Energy Hub on October 18, 2023.
Global Impact and Regional Presence
USA
Why the USA?
- Top-tier talent and developed energy industry.
- Optimal conditions for large-scale e-NG production.
- Inflation Reduction Act encourages investments in green energy.
Canada
Why Canada?
- Committed to net-zero carbon emissions by 2050.
- Vast renewable resources, including hydro and wind power.
Germany
Why Germany?
- Europe's largest industrial powerhouse committed to decarbonization.
- Developing Wilhelmshaven Green Energy Hub for large-scale e-NG import and distribution.
UAE & Saudi Arabia
Why the UAE & Saudi Arabia?
- Ideal conditions for solar energy production.
- Ambitious renewable energy programs promoting green hydrogen production.
Australia
Why Australia?
- Abundant solar and wind resources.
- On-track to become a renewable energy superpower, exporting green hydrogen to Asia.
Japan
Why Japan?
- Advanced infrastructure for natural gas and hydrogen imports.
- Ambitious targets for integrating e-NG into gas grids by 2050.