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residential battery

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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