Energy technology company EcoJoule Energy is gunning it with the appointment of three new executives to power its national and international expansion strategy.
The company produces a pole-mounted community battery energy storage system (BESS) that offers consumers a paid subscription to store their access to solar energy into a local battery to be retrieved when needed.
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It claims the technology is cheaper than home batteries, allows for load diversity as not all consumers use energy at the same time, as well as provides grid support and high-level virtual power plant functions for grid providers and retailers when needed.
“As grids face greater volatility, our technology offers utilities a cost-effective alternative to traditional infrastructure upgrades – and that’s why interest in our solutions is accelerating both here in Australia and overseas,” chief executive officer Wishart said.
He said the Queensland based company was seeing unprecedented demand for the product and was now “entering the next phase.”
Read the full article on The Fifth Estate.