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Build to Zero and the EIC Accelerator: Storing Solar Power as Steam

September 30, 2026814 words5 min

Build to Zero, incorporated in 2022 and based in Seville, develops ThermalBox, an electro-thermal energy storage system that uses renewable electricity to heat molten salts, stores the heat, and delivers process steam to factories around the clock, replacing gas boilers. Its EIC Accelerator project receives an EU contribution of €2,491,249 and runs from December 2024 to November 2026, according to CORDIS. It targets small and medium industrial users in chemicals, food and drink, paper and textiles that need steam below 400 °C, and aims to validate the system in an industrially relevant environment.

In the first year, the report says, Build to Zero standardised and validated all core components: a redesigned molten-salt electric heater, a once-through steam generator in a vertical helical-coil design, and a modular, transportable storage tank. Industrial manufacturing and pre-testing of all major components were completed, "with factory acceptance tests confirming compliance with design specifications", giving a "FOAK-ready design", according to CORDIS. The steam generator was built with Alfa Laval, which said in October 2024 that the first unit would be deployed at Dekitra, a chemicals maker, according to Alfa Laval.

<400 °CProcess heat targeted
3Core components factory-tested
€0.5-1MSales bracket, register
0Installations reported running

Company file

Legal entity
Build to Zero SL, Seville
Incorporated
February 2022
Chairman
Joaquín Coronado
Board investor
Axon Partners Group
Product
ThermalBox molten-salt storage with ETESAI control software
Partners
Alfa Laval (steam generator), Dekitra (first site)
EIC funding
Blended finance, €2.49M grant

Where Build to Zero Stands Now

The Spanish register lists sales in the €500,000 to €1 million bracket, share capital of €866,410 and a board that includes the venture firm Axon Partners Group, according to Empresia. No equity round, EIC Fund investment or commissioning of the Dekitra installation has been announced. The company's website news section has not been updated since 2024.

"Our partnership with Alfa Laval marks a major milestone in our mission to accelerate industrial decarbonization."

Joaquín Coronado, chairman of Build to Zero, October 2024

The Technology: Solar-Plant Storage in a Box

Sensible heat storage in molten salts is a proven technology, the EIC report says, previously limited to large power plants. Build to Zero's contribution is making it compact, factory-built and transportable for individual factories. Electricity heats the salt when power is cheap or abundant; the stored heat later boils water into steam on demand. The EIC report says this also gives the grid flexibility by shifting industrial demand.

What the EIC Award Promised, and What the Record Shows

The project runs until November 2026, so it is too early to judge it. The first year delivered a validated design and tested components, which is real engineering progress. The decisive step, a unit supplying steam in a working factory, was described as the next stage and has not been reported.

  1. Components validatedDeliveredFactory acceptance tests.
  2. Standardised MVP designDeliveredFOAK-ready.
  3. Industrial installationNot reportedDekitra planned.
  4. Market deploymentPendingNo orders public.

The Money

The award was blended finance; no EIC Fund investment has been announced. Build to Zero's financing beyond the EIC grant and its board investor is not public.

What Cannot Be Checked

Questions for the EIC

Whether the EIC Fund invested, whether the Dekitra unit has been commissioned, what steam costs from a ThermalBox compared with a gas boiler, and how much private capital Build to Zero has raised are not public.

Why Europe Should Care

Industrial heat below 400 °C is still mostly supplied by natural gas, while renewable power is increasingly curtailed, the EIC report says. A heat battery that turns surplus electricity into round-the-clock steam addresses both.

What the award promised

A validated, market-ready molten-salt power-to-heat system for industry.

What the record shows

Tested components and a FOAK-ready design; no running unit yet.

The Verdict

Built on paper and bench

Build to Zero has done the engineering. The proof is a ThermalBox making steam in a factory, which the record does not yet show.

Build to Zero and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Industry

EnergyEnergy storage

Focus
  • Thermal energy storage
Technologies
  • Thermal storage
Keywords
  • Molten salt
  • Industrial heat
  • Process steam
  • Gas boiler replacement

Start with the EIC Accelerator

Expert review for Step 1 and Step 2, suitability assessment and grant screening.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#Build to Zero#thermal energy storage#industrial heat#molten salt#decarbonisation#Spain
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