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Financial Services

Dalrada says its Likido Energy Solution gains visibility during global oil price hike and shortage

The company said governmental bodies have recognized Likido’s flagship product, the LikidoONE heat pump, that produce clean energy at a rate that is “seven times more efficient than traditional water heaters and boilers”

Dalrada Corporation has revealed that the group’s clean energy subsidiary Likido Energy Solutions is garnering “serious interest” from major commercial entities and top federal agencies at a time when consumers face high energy prices.

The San Diego, California-based group noted that recent attention has come from government bodies recognizing the company’s flagship product, the LikidoONE heat pump, that produce clean energy at a rate that is “seven times more efficient” than traditional water heaters while “reducing energy consumption up to 75%.”

The LikidoONE heat pump offers an innovative solution by having a low carbon all-in-one heating and cooling pump design. This breakthrough technology has the potential to generate transformational energy savings for hotels, large buildings, data centers, food production, pharmaceutical, and chemical industries.

READ: Dalrada Corporation thrives on innovation with a portfolio of high growth businesses

The beauty of the LikidoONE system is that it operates in a combined heating and cooling mode producing 160 kilowatts (kW) of high-grade heat, while it extracts 120kW of cooling, providing efficiencies up to 800%, according to the company.

The company said interest in the unique heat pump stems from aggressive cost-cutting goals in federal buildings and market transformation with new carbon-reducing technologies.

In a statement, Dalrada founder CEO Brian Bonar said: "Recognition as a global leader in clean energy is an honor. It's our mission to create innovation that positively impacts the world and meets sustainability needs head-on.”

“Becoming a true solution in this space while directly addressing noble and just causes … is what drives Likido forward," he added.

The US government is committed to sustainability for clean energy initiatives like Net Zero by 2050, and recent global developments have accelerated those efforts. The Biden administration's renewed push for clean energy shifts American dependence on certain petrostates, noted the company.

According to Dalrada, skyrocketing oil and natural gas costs, and potential embargos will ultimately prevent the import of fuel sources from oil-rich areas, particularly in Europe. Outside of the US, other countries are expected to follow suit as a means of jumpstarting energy transition efforts.

At a time when all energy sources are in high demand to combat worldwide shortages and high prices, fossil fuels may once again be viewed as necessary to provide energy.

However, Likido pointed out that it provides readily available energy and cost-efficient heat pumps that run on alternative fuel sources. Dalrada said its novel Likido product doesn’t depend solely on natural gas, reduces the carbon footprint, and drives global sustainability initiatives.

Dalrada specializes in high-growth businesses in three verticals – healthcare, clean energy, and information technology. The group has been accelerating growth through Dalrada Health, Dalrada Precision, Dalrada Technologies and its newest division, Dalrada Energy Services in very fast-growing markets.

Contact the author Uttara Choudhury at uttara@proactiveinvestors.com

Follow her on Twitter: @UttaraProactive

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