Fashion brand H&M Group has partnered with Rondo Energy to explore new innovative heat storage technologies aimed at reducing carbon emissions from its extensive textile supply chain. H&M will join Rondo’s Strategic Investor Advisory Board (SIAB) and invest in the expansion of Rondo’s operations and storage projects.
The collaboration focuses on exploring heat storage technologies to replace fossil fuels with Rondo’s heat batteries that can transform renewable electricity into continuous, high-temperature heat and power essential for large-scale textile production. Through this move, H&M aims to scale up renewable energy usage in textile production and reduce global CO2 emissions by 15% over the next 15 years.
