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Moixa investment boost to export battery tech to Japan

Mon, 02/05/2018 - 11:12 -- John Shepherd
Moixa investment boost to export battery tech to Japan

UK-based residential energy storage firm Moixa is to export British battery technology to Japan under a partnership agreement with the country’s Itochu trading house.

The deal, which includes a GBP5 million ($7.1m) investment in Moixa by Itochu, a Fortune 500 company, will enable Moixa to launch its GridShare platform in Japan— technology that manages and optimises home energy storage systems.

 

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Moixa wins new battery project funding

Thu, 11/16/2017 - 10:58 -- Xuan Zhong
Moixa wins new battery project funding

UK-based residential energy storage firm Moixa has been awarded GBP267,750 ($350,771) in government ‘entrepreneurial funding’ to expand its ‘GridShare’ cloud-based virtual power plant.

Moixa said the funds from the Department for Business, Energy and Industrial Strategy’s Energy Entrepreneur Fund would be used to develop GridShare, “which aggregates batteries to reduce costs and enable more renewable generation”.

 

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