Moixa Launches Crowd-funding Drive To Solve UK Energy Challenges
London based Moixa Energy Holdings, has launched a CrowdCube campaign to raise over £875,000 to scale MASLOW energy storage and efficiency delivery across the nations homes.
Moixa is the leading UK residential energy storage company, pioneering new utility and grid services based on patented technology and finance models.
Their MASLOW Energy Storage system stores spare solar or night electricity to reduce peak demand and costs. It is already widely deployed across the UK, across 250 sites, and was compared to the TESLA battery by the BBC.
MASLOW is an "˜all-in-one' compact wall mounted battery system, which can be installed in an hour, and can share it's storage back to the network improving system economics, and solving key challenges facing the grid such as;
- saving customers money by storing spare solar or providing access to off-peak tariffs
- reducing peak capacity
- helping reduce network costs incurred in supporting large volumes of solar installations or new housing
Moixa is currently completing a £1.5m Pilot of 250 systems for DECC (Department of Energy and Climate Change) showing how energy storage can benefit customers and networks. This is part of an original 2013 competition for UK Energy Storage projects where £20m was awarded across 4 projects. Moixa is also delivering similar scale pilots through a series of Community Energy projects for InnovateUK and utility partners.
The projects have helped validate opportunities for storage in the UK market, and delivered market ready technology, now on sale (http://www.meetmaslow.com) and set for rapid national and international scale. Project results will also be shared at an event in London on 10th July, after which case studies will be available on Http://www.moixatechnology.com
Moixa is also launching The Energy Pension Company (http://www.energypension.com) as a first stage in a wider strategy to lower energy costs in the UK for the retired.
Moixa previously launched the award winning USBCELL rechargeable battery, and company founders Simon Daniel (CEO) & Christopher Wright (CTO), hold numerous patents on innovative mobile and battery technology.
http://www.solarukindustryawards.com/winners/2014