Elexsys Energy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 process of being incorporated. eleXsys said the capital raise would to allow it to establish a stra...

Image: eleXsys EleXsys Energy has completed a £3.65 million fundraise to support the global expansion of its solar and storage microgrid platform. The Series A capital raise saw investment from predominantly UK and Australian resident investors, with eleXsys Energy itself being incorporated in the UK. Its tech platform enables grid-connected commercial and industrial solar and battery microgrids, with the raise to allow it to continue its investment as it looks to grow rapidly globally. Its flagship project – the IKEA eleXsys microgrid – is currently under construction in Adelaide, Aust...