The Green Home Finance Accelerator funding is part of the UK Government’s Net Zero Innovation portfolio and aims to trial lithium-ion batteries and explore the feasibility of ESaaS in the UK
By retaining ownership of the batteries and introducing a subscription model via the Green Home Finance Accelerator, Aceleron is set to accelerate the adoption and increase the accessibility of renewable energy and sustainable battery storage systems for consumers.
The core innovation of the project lies in Aceleron’s development of a fully maintainable home energy storage product.
This breakthrough technology provides the systems with a greater lifespan and enables the battery to become an asset rather than a consumable item.
This will help to enable the implementation of servicing models, making ESaaS a viable option.
The ESaaS offering will eliminate the upfront cost of lithium-ion batteries
Under the Green Home Finance Accelerator, Aceleron aims to provide users with the necessary equipment, installation services, and a comprehensive system monitoring platform.
Additionally, a maintenance agreement will ensure the seamless operation of the energy storage system. In return, Aceleron will receive regular monthly payments.
Key activities within the project include:
- Soliciting feedback from potential customers to refine the proposed products
- Defining a comprehensive marketing plan
- Developing the ESaaS financial model
- Structuring legal agreements
- Securing partnerships for large-scale deployment and expansion.
Aceleron will also establish an initial pilot project plan to install the first ESaaS products, paving the way for a transformative shift in energy storage practices.
Dr Amrit Chandan, CEO and co-founder at Aceleron Energy said: “We are thrilled to have been selected among the winners of the Green Home Finance Accelerator.
“This recognition validates our commitment to driving innovation in the renewable energy sector and our belief in the transformative potential of ESaaS.
With this project, we aim to unlock new opportunities for consumers to access affordable renewable energy while accelerating the adoption of battery storage in homes across the UK.”
The project will solidify Aceleron’s position as a trailblazer in sustainable energy solutions
By harnessing their uniquely serviceable and upgradeable lithium-ion battery storage products, Aceleron is set to lead the way in redefining the energy storage landscape.
The Green Home Finance Accelerator’s six-month discovery project will evaluate the viability of ESaaS in the UK and solidify Aceleron’s position as a trailblazer in sustainable energy solutions.
If you would like to know more about the project, product or Aceleron please contact us via www.aceleronenergy.com
