If you need to know about batteries; you’ve come to the right place
Chinese flag点击这里访问我们的中文网站Chinese flag

smart batteries

Battery investment boost for Moixa

Thu, 07/06/2017 - 12:47 -- News Editor
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.

 

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.
Subscribe to smart batteries