1. Home
  2. Press release
Apr 07, 2017 09:00 JST

Source: TEPCO

TEPCO Announces Equity Investment in Moixa Energy

TOKYO, Apr 07, 2017 - (JCN Newswire) - Tokyo Electric Power Company Holdings, Inc., or TEPCO, has announced a £500,000 equity investment in Moixa Energy Holdings, the UK's leading residential battery and platform for managing storage services. (CEO: Simon Daniel, Headquarters: London).

"We are excited to welcome Moixa to our modest, but growing portfolio of innovative companies," said Hirokazu Yamaguchi, Executive General Manager, Global Innovation & Investments at TEPCO. "Moixa has developed a robust battery storage and smart energy-sharing platform. We look forward to gaining hands-on experience for the benefit of our customers."

David Thomlinson, Chairman of Moixa and former Global Head of Energy at Accenture, said, "Having previously worked with TEPCO, I am particularly pleased to be able to partner with this leading Japanese corporate to bring the Moixa technology to new markets."

The energy industry is undergoing a transformative change, empowered by new technologies and driven by consumers. Technologies such as distributed solar and batteries are enabling innovative new ways of producing, consuming and sharing energy. This in turn permits consumers to increasingly and proactively engage the energy industry as "prosumers", who both produce and consume energy.

Moixa offers a compact and affordable smart battery for residential customers that helps households to save money by storing spare solar or cheap tariff electricity. In addition, Moixa's innovative cloud-based GridShare platform helps manage and aggregate distributed storage resources, thereby delivering grid services and savings for the energy system.

About Moixa Energy

Moixa Energy Holdings Ltd., the UK's leading residential battery company, invents, manufactures and distributes smart energy technology, with over 10 years of research and development, strong international patents and multiple pilots. The Company has installed its Smart Batteries in more than 800 homes for a combined capacity of over 1.3MWh, with five million hours of use. For more information, visit http://www.moixa.com.

Source: TEPCO
Sectors: Energy, Alternatives, Environment, ESG, Alternative Energy, PE, VC & Alternatives

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release

Cleantech Group Names TRENDE Inc. a 2020 APAC 25 Company
September 16 2020 19:00 JST
 
TRENDE Secures Series B Funding, While Establishing Strategic Partnership with ITOCHU
June 18 2020 10:00 JST
 
Eurus Energy, MORGENROT and WOODMAN announce Cloud-based CG Rendering Services using Renewable Clean Energy
August 01 2019 14:00 JST
 
TRENDE, Toyota and UTokyo Experiment with Next-generation Electricity System
May 28 2019 18:00 JST
 
Implementation of Demonstration to Prove the Feasibility of V2G Aggregators
March 01 2019 19:00 JST
 
TEPCO to Participate in Coc San Hydropower Plant in Vietnam
November 09 2018 10:00 JST
 
TRENDE Announces Formation of Advisory Board
October 01 2018 14:00 JST
 
TRENDE Raises JPY 730 Million in Series A Funding
September 26 2018 11:00 JST
 
TEPCO Group, Zenrin and Rakuten examining Drone Highways for Drone Logistics
July 12 2018 18:00 JST
 
Free Electrons: 28 Pilots Already Launched between Startups and Utilities
July 11 2018 17:00 JST
 
More Press release >>

Latest Press Release


Kaplan Fox & Kilsheimer LLP Alerts Investors to a Securities Class Action Against Humacyte, Inc. (HUMA) - Deadline is January 17, 2025
Nov 22, 2024 11:00 JST

NaaS Q3 2024 Recap: Strategic Shifts and Tech Innovations for Growth
Nov 21, 2024 22:59 JST

Honda Unveils Demonstration Production Line for All-Solid-State Batteries Located in Sakura City, Tochigi Prefecture, Japan
Nov 21, 2024 15:35 JST

Deadline to Lead in Securities Fraud Lawsuit Against Humacyte, Inc. (HUMA) is January 17, 2025 - Contact Kaplan Fox & Kilsheimer LLP
Nov 21, 2024 09:00 JST

ALL Study Groups Using DehydraTECH Processing Outperform Rybelsus(R) in Body Weight Control in Lexaria's 12-Week GLP-1, Diabetes Animal Study
Nov 20, 2024 23:05 JST

Start of Demonstration Test of Two-Phase Direct-to-Chip Cooling in the Air-Cooled Data Center
Nov 20, 2024 15:30 JST

Rozebalamin for Injection 25mg (Mecobalamin) for Amyotrophic Lateral Sclerosis Launched in Japan
Nov 20, 2024 11:51 JST

Anticancer Agent "TASFYGO Tablets 35mg" (Tasurgratinib Succinate) Launches in Japan for Biliary Tract Cancer with FGFR2 Gene Fusion or Rearrangements
Nov 20, 2024 10:24 JST

Kingsoft Announces 2024 Third Quarter Results
Nov 19, 2024 18:54 JST

NTT and Olympus Joint Demonstration Shows IOWN APN's Low-latency Capability Can Be Used for Real-time Diagnosis and Treatment on a Remote Server to Realize World's First Cloud Endoscopy System
Nov 19, 2024 15:30 JST

Supercomputer Fugaku retains first place worldwide in HPCG and Graph500 rankings
Nov 19, 2024 09:02 JST

CleverTap Recognized as a Strong Performer in Cross-Channel Marketing Hubs, Q4 2024 Report
Nov 18, 2024 23:30 JST

World's First Successful Trial of Quantum Tokens Created Using Quantum Technology
Nov 18, 2024 17:29 JST

Fujitsu and SAP Fioneer enter partnership to accelerate digital transformation in the insurance industry and deliver services that contribute to customers' sustainable business
Nov 18, 2024 12:31 JST

Expanding Possibilities with the Liquid Hydrogen-Powered GR Corolla in the Season Final Round
Nov 18, 2024 09:25 JST

COP29: Indonesian Special Envoy Hashim Djojohadikusumo Announces EUR 1,2 Billion Green Funding
Nov 16, 2024 18:00 JST

Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of LNG-Powered Roll-on/Roll-off Ship TRANS HARMONY EMERALD in Shimonoseki
Nov 15, 2024 18:58 JST

Nationwide TV Commercial Launched in Japan to Raise Awareness About MCI (Mild Cognitive Impairment)
Nov 15, 2024 17:33 JST

Eisai Receives Positive Opinion from the CHMP in the European Union for Lecanemab in Early Alzheimer's Disease
Nov 15, 2024 14:31 JST

Resorttrust Group and Mitsubishi Corporation Launch Joint Study in Medical Tourism
Nov 15, 2024 12:32 JST
 More Latest Release >>