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It has developed a way to give old Tesla batteries new life by turning them into smart energy storage units
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The investment will enable the company to deliver more than 5,000 high power chargers by 2025 and expand development of its hybrid solar farms to deliver net zero energy for its network
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The two companies have formed a 50/50 joint venture to develop the solar projects over the next five years
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The company had set a goal of halving its global emissions by 2020
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New CEO joins KiWi Power to lead global expansion of distributed energy tech business.
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LO3 Energy’s technology aims to overcome the challenge of integrating distributed energy resources into supply networks
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It is establishing an innovation partnership with AutoGrid, focused on driving new AI and machine learning solutions for distributed energy resources
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If half of the businesses in the sector adopted technologies like solar and battery storage, the savings would total at least £540m annually
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The company previously set a target to become carbon neutral by 2030
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If just half of NHS trusts adopted distributed energy solutions, they are expected to save at least £130m a year
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It is working with engineering services consulting firm WSP to also help develop large distributed energy projects
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