Start-up behind Ikea microgrid gears up for strategic shift to London
7 May 2021 The developers of the dynamic energy management platform behind an industry-leading solar and battery microgrid being integrated at the Adelaide store of global furniture giant Ikea has raised $6.5 million to fund the establishment of a new home base in London. EleXsys Energy, trading in Australia as Planet Ark Power, said on Thursday it had completed the $A6.55 million capital raise, the funds coming mostly from investors in Australian and the UK, where eleXsys was currently in the ...
Source: reneweconomy.com.au