Alumni success stories

 

Since 2018, our ENECHANGE Insight Ventures programme has attracted a steady stream of start-ups keen to enter the Japanese energy market and pitch their business to key decision-makers there.

For a number of alumni — both finalists and winners — the competition has led to significant investment from and partnerships with our subscribers in Japan and further afield.

Connected Energy: £5+ million investment

June 2019

2019 winner and UK battery storage systems provider Connected Energy secures multi-million investment from Sumitomo, ENGIE and Macquarie

Powervault: commission for study on VPPs and second-life batteries

November 2019

2018 winner and UK home energy storage manufacturer Powervault awarded study for second-life batteries and virtual power plants from JXTG Nippon Oil & Energy (now ENEOS)

Virta: investment from JEC sponsor

April 2020

JXTG Energy (now ENEOS) invests in 2019 participant Virta, a Finnish EV charging platform company

Heliatek: pilot projects in Japan

November 2020

2019 winner Heliatek conducts their first organic solar film project in Japan with Looop Inc. and Ritsumeikan University

Kiwi Power: Japan distribution deal

May 2021

ENECHANGE and 2019 winner Kiwi Power announce alliance to strengthen VPP business in Japan with Kiwi Power products

FreeWire: Japan reseller deal

June 2021

ENECHANGE and 2020 winner FreeWire announce they will partner to sell FreeWire’s Boost Charger in Japan

Ambri: investment from Japan Energy Fund

August 2021

2020 finalist Ambri raises 144 million USD in Series E funding from investors including Japan Energy Fund, Reliance Industries, Bill Gates, and Paulson & Co.

Sense: investment from Japan Energy Fund

September 2021

2020 finalist Sense receives investment from Japan Energy Fund to help them make a significant contribution to the digitalisation of energy in Japan