Free Electrons, the first global energy startup accelerator program that connects the world’s most promising energy startup companies with leading utility companies, has selected its second cohort to participate in the 2018 program.
“The companies selected represent a highly diverse list of applicants. It was not easy to choose 30 from among 515 applicants. The number of submissions and successful candidates is an indicator of their overall quality," said says Hirokazu Yamaguchi, Executive General Manager, Global Innovation & Investments at Tokyo Electric Power Company Holdings (TEPCO).
"We are looking for innovative solutions that can be adopted and integrated in our companies, helping to shape the future of the energy sector," concluded Yamaguchi.
Program participants will now work closely with local players, utilities, mentors and other resources to accelerate their growth, starting with a one-week “bootcamp” in Lisbon (Portugal). 3 subsequent modules will take place in Sydney/Melbourne (Australia), the Silicon Valley (USA), and the final stage in Berlin (Germany).
Offering solutions from across the energy spectrum including IoT & digitization, smart grids, clean energy, E-mobility, energy management and energy efficiency, the 30 startups chosen are:
Free Electrons utility members are American Electric Power (USA) Ausnet Services (Australia), DEWA (Dubai), EDP (Portugal), ESB (Ireland), Innogy (Germany), Origin Energy (Australia), SP Group (Singapore) and TEPCO (Japan), with the program being supported by Beta-i (Portugal).