GridStore Energy

Renewable Energy • Sydney, New South Wales, Australia • 1-10 Employees

Company overview

Headquarters	Sydney, New South Wales, Australia
Website	gridstore.energy
NAICS	3336
Employees	1-10
Socials

Key Contacts at GridStore Energy

Garth Paton

Founder Co-Ceo

Michael Urch

Founder | Co-Ceo

Stephen L.

Director Of Innovation

About GridStore Energy

SolarBoost is a 2.7kWh to 8kWh battery wired in parallel under each solar panel allowing solar panels to produce more power than the lowest producing panel, unlike current solar panels. The additional power is saved in the battery rather than being wasted as heat in the lower producing panels, saving up to 15% additional power and increasing net profit by up to 31% for the price as a grid scale battery. SolarBoost requires no additional approvals or infrastructure, can be retrofitted in less than 2 mins, enables swap and go maintenance, its mesh networked controller enables real time monitoring of each individual solar panel and can start charging as soon as a string has been installed. SolarBoost is the only product in the world to solve the issue of negative electricity prices and solar panel power imbalances simultaneously.

GridStore Energy revenue & valuation

Annual revenue	$598,885
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Renewable Energy industry and current estimated revenues	$2,000,000
Total funding	No funding