New program to partner start-ups with energy companies to fast-track renewable transition

energytech, Smarter energy solutions, renewable energy

Ten global climate tech start-ups have been selected by climate tech start-up accelerator EnergyLab to collaborate with Australian energy companies on innovative renewable solutions.

The chosen start-ups are:

  • Accurassi – offers an industry-leading acquisition toolset for the new net-zero energy market.
  • ALD Technical Solutions – provides advanced composite material and solutions.
  • Alternative Energy Innovations – provides intelligent behind-the-meter solutions that automate, optimise, and integrate process operations with energy cost dynamics.
  • Energy Synapse – an SaaS platform that makes it easy to understand wholesale electricity markets and to find the best spots in the grid for utility-scale renewables and storage.
  • Enerza – the world’s provider of a conditional risk assessment tool to electrical utility providers through autonomous on-wire robotic monitoring.
  • IND Technology – aims to revolutionise power transmission and distribution network maintenance with cutting-edge proven predictive systems.
  • My Solar Manager – AI and IoT-powered management system for solar PV projects, battery systems, VPP and microgrids.
  • Plexigrid – enables operators of electricity distribution grids to run their grid more efficiently, solve capacity bottlenecks, integrate more renewables and reduce grid costs for consumers.
  • PowerPlay – delivers the benefits of cheap renewable energy in the grid to homes that cannot install solar panels.
  • Oaktree Power – partners with global grid operators to enable the ongoing transition towards the fully sustainable electricity system of the future. 

The start-ups will take part in EnergyLab’s Scaleup Program which helps companies develop initiatives to fast-track their efforts to reduce their carbon footprint.

The program will provide an opportunity for the chosen start-ups to collaborate with Australia and New Zealand’s most innovative energy companies in developing sustainable solutions, alongside the support they will get from investors and mentors in unlocking their growth.

EnergyLab’s Scaleup Program was launched in 2020 as a collaborative effort between Australian utilities and start-ups. EnergyLab CEO, Megan Fisher, said collaboration was a critical piece of the transition to sustainability. 

“The energy transition needs global collaboration to succeed and with start-ups as far away as Spain, London and San Francisco joining this program, we can’t wait to see the local and global projects that result,” Fisher said. “This program’s secret sauce is the chance for the start-ups to build relationships with each other, with industry partners, with investors and mentors in an intimate and collaborative setting.”

The selected start-ups will deepen their relationships with Endeavour Energy and Amber, as well as other innovative energy companies in Australia and New Zealand.

“As a partner for the third consecutive year in EnergyLab’s Scaleup Program, Endeavour Energy is committed to supporting innovation and embracing new ideas and technology,” Leanne Pickering, Endeavour Energy’s Chief Customer & Strategy Officer, said. “As leaders of the energy transition, this work is critical.

“This dynamic partnership will help challenge us to keep thinking outside the box so we can deliver affordable and reliable energy solutions for our customers,” Pickering added. “This year we’ll be focusing on initiatives to help decarbonise the grid and we can’t wait to see the great ideas generated from this collaboration.”

Amber’s Chief Strategy & Sustainability Officer, Sarah Russell-Smith, said, “As an alumni of EnergyLab ourselves, Amber is keen to support the program, meet and mentor the emerging disruptors, and explore potential partnerships. We’re excited to see what comes out of this year’s program.”