A compact cooling system based on thermoelastic effect is provided. In one embodiment, the system comprises a pair of rollers serving as a heat sink, stress applicator and belt drive, a cold reservoir and a solid refrigerant belt coupled to the cold reservoir and to the heat sinks to pump heat from the cold reservoir to the heat sink. The refrigerant belt comprises solid thermoelastic materials capable of thermoelastic effect. The refrigerant material is mechanically compressed when entering the gap of the roller and subsequently released after passing through. When compressed the refrigerant material transforms to martensite phase and releases heat to the roller and neighboring materials. After released by the rollers, the refrigerant material transforms back to austenite and absorbs heat from the ambient atmosphere.
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