Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Kaluza, Powervault Partner on Battery Energy Storage (Int'l)
Kaluza,Powervault
Date: 2019-10-09
In the UK, London-headquartered energy tech firm Kaluza is reporting a technology partnership with UK energy storage specialist Powervault. The partnership will incorporate Powervault 3 devices into Kaluza technologies.

Kaluza's technology will enable the coordination and control of millions of connected devices, creating a fully distributed energy system and 100 pct penetration of renewable power.

Powervault's cloud-connected home energy storage system stores electricity from solar panels or the grid. According to the company, the system can lower electric power bills by up to 20 pct. Within the next twelve months the company plans to launch a new product with second life batteries, larger inverter and energy utility revenues delivering a gross IRR of 15 pct. and secure project financing to start a roll out of storage as a service. (Source: Powervault,CrowdFund Insider, 23 June, 2017)> (Source: Powervault, Current+-. 8 Oct., 2019) Contact: Powervault, Joe Warren, Managing Director, +44 (0) 20 3603 0230, contact@powervault.co.uk, www.powervault.co.uk; Kaluza, media@kaluza.com, www.kaluza.com

More Low-Carbon Energy News Powervault,  Battery,  Energy Storage,  


Powervault Home Energy Storage Offering Raises £1Mn (Int'l)
Powervault
Date: 2017-06-26
In the UK, home energy storage battery manufacturer Powervault reports it is close to securing £1 million from more than 600 investors through a CrowdFund offering.

Powervault's cloud-connected home energy storage system stores electricity from solar panels or the grid, and releases this stored energy at peak times. According to the company, the system can lower electric power bills by up to 20 pct. Within the next twelve months the company plans to launch a new product with second life batteries, larger inverter and energy utility revenues delivering a gross IRR of 15 pct and secure project financing to start a roll out of storage as a service. (Source: Powervault,CrowdFund Insider, 23 June, 2017)Contact: Powervault, Joe Warren, Managing Director, +44 (0) 20 3603 0230, contact@powervault.co.uk, www.powervault.co.uk

More Low-Carbon Energy News Powervault,  Energy Storage,  

Showing 1 to 2 of 2.