TOP 30 STARTUPS SELECTED FOR FREE ELECTRONS Global Energy Program Attracted 515 Applications from 65 Countries
Mar 27, 2018
Tokyo, March 27th, 2018 – Free Electrons, the first global energy startup accelerator program that connects the world’s most promising energy startup companies with leading utility companies, selected 30 startups to participate in the program.
These startups represent 15 countries that offer solutions for IoT & Digitization, Smart Grids, Clean Energy, and Energy Management, etc.
“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. We are looking for innovative solutions that can be adopted and integrated in our companies, helping to shape the future of the energy sector”, says Hirokazu Yamaguchi, Executive General Manager, Global Innovation & Investments at Tokyo Electric Power Company Holdings (TEPCO).
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).
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).
Tokyo Electric Power Company Holdings, Inc. (TSE: 9501), headquartered in Tokyo, Japan, is the largest utility in Japan serving millions of homes and businesses. Worldwide the company has more than 34 subsidiaries and 32 affiliates in 8 countries and employs approximately 42,060 people. Consolidated revenue for the fiscal year ending March 31, 2017, totaled 5.3 trillion Japanese yen. The company was established in 1951 and is listed on the First Section of the Tokyo Stock Exchange. For more information visit https://www7.tepco.co.jp/index-e.html