Orange Power Ltd.
AI powered autonomous energy trading, controlling and settlement system
Company Details
- Location
- London, United Kingdom
- Founded
- 2020
- Employees
- 4-10
- Funding
- USD $101k-$500k
- Fundraising
- Not actively fundraising
Learn more
About Orange Power Ltd.
The problem we're solving:
- Grid connection offer is now 6-8 years of waiting time.
- Customers can not easily share and control EV, Heatpump, Solar battery devices on Second by Second basis and sell flexibility back to grid
Our solution:
- With Software(Dynamic load management)+Hardware(Battery+EV charger) based solution,Our Ultra fast charging sites run almost decoupled with minimum disturbance to grid. This will allow 8-16 times more Ultra-fast chargers with V2G capability without connection delayed(or with existing connection capacity offer)
- We coordinate and aggregate the energy flexibility across industrial sites and thousands of households when grid is stressed and we settle the service with grid for our customers
Our differentiator:
- We are the only few solutions that offer microgrid based solution for upgrading Ultra Fast charger sites with minimum cost
- We are the only aggregator that can offer second by second metering and control for millions of assets simultaneously
Our biggest achievement:
- Scale from 200 customers to 37,000 customers in 3 months time.
- £450K revenue 2023
- Contracts with National grid, and 4 other Distribution Network Operators
- Part of Ofgem 6 million, 15 million innovation fund projects
- UK top 10 Clean Tech finalist
- Tech National Rising stars finalist
- Team of experts from National grid, Google deepmind, Microsoft.
Disclaimer:
Information for this page was sourced directly from the startups or found in publicly available databases. The data has been collected until the end of the programme's year (eg: A 2020 programme has data updated until December 2020) except for where explicitly said so. The data on co-founders is collected upon startup registration and is not further updated. Funds raised is comprised of direct investments (including crowdfunding), funds, and grants. Opinions, conclusions and views expressed in the startup page are solely personal to the author (startup), unless otherwise clearly stated.