Moixa

Honda drives new investment round in UK’s Moixa

Japanese carmaker Honda has led an £8.6 million (US$10.9m) funding round to boost investment in UK battery tech firm Moixa.

Moixa said the move, which was backed by several international investors including Japan’s Itochu Corporation, would support the firm’s vision of “managing millions of home energy storage systems and electric vehicles (EVs)”.

honda

Moixa

battery tech

Itochu Corporation

uk

japan

lithium-ion phosphate batteries

Batteries 'can help UK achieve net-zero emissions by 2050'

Ramping up the development and use of battery technologies can help the UK achieve “net-zero” emissions by 2050, according to a new report.

Government advisory body the Committee on Climate Change (CCC) said a net-zero greenhouse gases target for 2050 “is achievable with known technologies, alongside improvements in people’s lives”.

Committee on Climate Change

UK battery tech firm Moixa forms energy partnership with Honda

Honda is to launch an “energy management solutions” business in partnership with UK-based battery tech company Moixa.

The partnership will utilise Moixa’s ‘GridShare’ batteries aggregator technology to “create additional value for electric vehicle (EV) customers and power system operators”.

Honda announced at this week’s Geneva Motor Show that it has also increased its ambitions in the transition toward EVs— and now intends to move 100% of its sales to electrified powertrains by 2025, up from the goal of two-thirds that was announced in 2017.

Moixa

honda

Geneva Motor Show

GridShare. electric vehicles

(EV) batteries

Moixa working on EV charging blueprint for UK

Residential battery storage firm Moixa is working on a major project to expand electric vehicle smart charging and vehicle-to-grid (V2G) technology in the UK.

Moixa, which won UK government funding in 2017 to expand its ‘GridShare’ batteries aggregator technology, is preparing a “scale proposition” for the project, BEST Battery Briefing has learned.

Moixa co-founder and chief technology officer Chris Wright told BBB the company was not yet able to divulge details. “I am limited to what I can say, but we have a big project in the UK that will demonstrate control of EV smart charging and also V2G technology.”

residential battery storage

Tokyo Electric Power Company

Lithium-iron batteries

Energy storage firms in global ‘Cleantech 100’

The Cleantech Group has unveiled its Global Cleantech 100 list for 2019— the 10th iteration of the list— which includes more than 10 energy storage companies.

The annual Cleantech 100— which will be formally announced at the company’s (17th) annual Cleantech Forum San Francisco— is “a list of private companies with the highest potential to make the most significant market impact within a 5-10 year timeframe”.

UK-based residential energy storage firm Moixa is among those listed, following the firm’s expansion into the Japanese market in October 2018— where it its GridShare software alongside partners Itochu and Trende.

UK’s Moixa expands smart battery tech in Japan

UK-based residential energy storage firm Moixa has rolled out its GridShare smart battery technology platform to 3,500 homes in Japan.

The move comes just eight months after Moixa agreed to export its battery tech to Japan— under a signed a partnership agreement with the country’s Itochu trading house.

Moixa’s roll-out announcement was made at the British embassy in Tokyo, where the company also launched a GridShare off-peak ‘smart tariff’ for residential battery owners.

battery management systems

‘Power-hungry’ UK islands plug in to Moixa battery storage project

UK-based residential energy storage firm Moixa has begun installing on an archipelago off the Cornish coast in southwest England as part of a £10.8 million (US$14.1m) ‘smart energy’ project.

Hitachi Europe is leading the project, which Moixa said will be “a global test-bed”, electric vehicles and heating systems on islands that have no gas supply and rely heavily on imported fossil fuels and electricity.

Moixa

lithium-ion battery storage

Isles of Scilly

Passiv Systems Hitachi Europe

Smart Energy Islands

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.

energy storage system

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”.

Battery investment boost for Moixa

UK-based residential energy storage firm Moixa has secured a total of £2.5 million ($3.2 million) in new investment towards its goal of creating “a virtual power plant and aggregating the capacity of 100,000 home batteries”.

The lion’s share of the investment, £1.5 million ($1.9 million), has come in equity investment including £500,000 ($649,000) from Japan’s Tokyo Electric Power Company (Tepco) and a further £500,000 ($649,000) from venture capital investment firm First Imagine Ventures.