Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

About us

eleXsys Energy is the inventor and manufacturer of an award-winning solution to the voltage problem caused by clean energy producers trying to send energy back to electricity grids.

Founded in Australia in 2012, the company started to develop all aspects of hardware and software for eleXsys in 2015 and manufactured the first prototype. Commercialisation commenced in 2020 with the integration of our technology solution into a ground-breaking microgrid project with global retail giant IKEA.

After identifying many other immediate opportunities to apply eleXsys to projects around the world, we began to establish an international presence, opening offices in Singapore, London, New York and San Francisco to complement our growing Australian operations.

In 2019, the eleXsys technology won the “Smart Grids and Security” category of the Start Up Energy Transition Awards in Berlin, hosted by the German Energy Agency (Dena) and the World Energy Council (WEC).

Awareness of eleXsys Energy continues to escalate, attracting new interest, accolades and investment. At the same time, our research and development efforts are finding more and more applications for the technology with the majority of our engineers now working on R&D projects.

These applications will enable a wide range of renewable energy systems, leading to less reliance on the grid. From a single household consumer or small township going off the grid, to large industrial buildings becoming urban solar power plants, eleXsys will put distributed energy resources to work like never before.

Without innovative green energy solutions like eleXsys, the world will simply not be able to achieve the immediate, rapid and large-scale reductions in greenhouse gas emissions needed to limit climate change.

Our commitment

At eleXsys Energy we take climate change seriously – very seriously. The latest findings released in the International Panel on Climate Change’s Sixth Assessment Report are a clarion call for all of us to re-double efforts to reduce CO2 and other greenhouse gases and take determined action to meet Net Zero emissions targets by 2050, if not sooner.

As a company that develops innovative technologies to increase the production of clean energy and displace fossil fuel intensive electricity generation, we understand the importance of evidence-based research to underpin and support our solutions.

eleXsys Energy exists to make a real contribution to global efforts to reverse the current trajectory of increasing temperatures and the impacts from more severe natural disasters that will impact communities in the developed and, in particular, developing nations.

The commitment we make to our investors, employees, customers and partners is to do all we can to support global efforts to provide a sustainable future for our planet. This commitment is made without conditions and guides us every day as we work to support the transition to a clean energy future.

“I am very excited to be part of such an innovative and ambitious company. Together we will make a huge impact on the fight against climate change and achieve great things for a better world.”

Angelo Sofocleous
Non-Executive Chairman

Latest awards

Recognition of the game-changing eleXsys solution is increasing in Australia around the world with a growing list of prestigious award wins to our name.

In early 2021, eleXsys Energy participated in the Davos Energy Week Start-up Pitch Competition, winning the Renewable Energy category after a successful presentation by our Executive Director, Richard Romanowski.

Other recent awards included the Most Innovative Proptech Award in the hotly contested inaugural competition by the Proptech Association of Australia, which recognises the fast-growing contribution new technology is having on the property sector

Most recently, eleXsys was named among the five finalists in the Future Grid Challengers category of Energy Tech Challengers. The winner will be named at an Energy Tech Summit in Vilnius, Lithuania in September 2021.

2021 Winner

Renewable Energy Category
Davos Energy Week Startup Pitch Competition

2021 Winner

Smart Buildings & Cities Most Innovative Scale-Up
Proptech Association Australia Awards

2021 Finalist

Energy Tech Challengers
Top 5 Future Grid Challengers

2019 Winner

Intelligent Grids, Platforms & Cyber Security
World Energy Council Start Up Energy Transition Awards

The eleXsys team


Board of Directors

Angelo Sofocleous

Non-Executive Chairman

Angelo Sofocleous

Non-Executive Chairman

Angelo has more than 30 years’ experience in the UK Capital Markets, most recently as CEO of Cantor Fitzgerald Europe (CFE). During his time at CFE, Angelo was instrumental in the development and implementation of strategy, identifying growth opportunities and driving the continued expansion of the business. This wealth of knowledge and Angelo’s valuable experience in ensuring both board effectiveness and a strong compliance culture make him the ideal for this key leadership role at eleXsys Energy.

Dr. Bevan Holcombe

CEO and Co-Founder

Dr. Bevan Holcombe

CEO and Co-Founder

B.Eng. (Electrical), Ph.D. (Electrical Engineering)

Bevan is a highly experienced energy sector engineer with a broad range of technical and commercial skills. Prior to co-founding eleXsys Energy, Bevan was a senior utility engineer and planner at leading Australian electricity distributor Energex for more than 30 years. where he led research and development projects and managed different units across the organisation, including IT Planning, Infrastructure Planning, Network Strategy and Network Performance Reporting. Bevan is a seed capital founding investor in eleXsys and primarily oversees engineering and product development.

Mr. Richard Romanowski

Executive Director and Co-Founder

Mr. Richard Romanowski

Executive Director and Co-Founder

B.Com (Hons) Marketing and Finance

Richard has more than 10 years’ experience in both running and investing in businesses in the green energy and power electronics sectors. After decades of experience leading change and commercialisation across organisations in Australia and Canada, Richard turned his attention to the clean-tech sector, co-founding Australian renewable energy company Planet Ark Power and then taking the eleXsys technology solution to the international market. As a Co-Founder of eleXsys Energy, Richard is passionate about the global transition to a clean energy future.

Mr. Jonathan Ruddick

Chief Commercial Officer & CFO

Mr. Jonathan Ruddick

Chief Commercial Officer & CFO

B.Com (Acc.), LL. B, G.Dip. Legal Practice, G.Dip ICAA, MAICD

Jonathan has held senior executive positions in the Australian solar and investment industry and has more than 16 years’ experience in private equity, mergers and acquisitions, asset management and the accounting and legal professions with Deutsche Bank, KPMG, and Andersen in Australia, Tokyo and London. Jonathon joined the eleXsys group in 2015 and has overseen its significant growth and strategic direction of the Group to date.

Mr. Paul Klymenko

Non-executive Director

Mr. Paul Klymenko

Non-executive Director

Dip. Education ASIA, AIIA

Paul is founding Director and CEO of Planet Ark, a key partner to eleXsys Energy. He has worked in the environmental field for 25 years as a researcher, retailer, writer and as an ethical investment fund manager having co-founded Australian Ethical Investment Ltd, Australia’s first socially responsible fund manager with more than $3.5 billion now under management. Paul also spent 11 years working in the financial services industry in research and advisory roles.


Advisory Panel

Ms. Charlotte Aubin

Ms. Charlotte Aubin

Charlotte has 25 years’ experience in environmental and infrastructure investment and financial asset management, including 8 years dedicated to international and Sub-Saharan Africa renewable energy. She is the founder of international investment and strategic advisory group GreenWish, which specialises in clean energy solutions, including off-grid renewable energy systems that strengthen local communities and foster economic empowerment. Based in Geneva, Charlotte brings eleXsys an invaluable level of experience and commitment to addressing climate change

Mr. Theodore Dow

Mr. Theodore Dow

As a former Chief Investment Officer of the Australian Clean Energy Finance Corporation (CEFC) and advisor to numerous energy-related organisations, Ted is passionate about accelerating renewable energy solutions around the world. His role at the CEFC involved a $10 billion mandate to invest in later stage clean energy infrastructure, energy efficiency projects and industrials services these sectors. Ted has also held an Advisory Board role with the National Standing Committee on Energy and Environment, which considers energy and environmental issues for the Australian Government.

Mr. Graham Chappel

Mr. Graham Chappel

Graham is the Managing Director of Protavia, an Australian company established to initiate, sponsor, and fund the development of both green field and brown field industrial projects. Prior to this, Graham built a 35+ year career in international investment banking, which included 10 years in London, and specialised in structuring big ticket asset and project financing. In 2019 Graham retired as an executive and now works mostly in an advisory capacity, including his role with eleXsys Energy.

Mr. Neil Perry

Mr. Neil Perry

Neil has more than 25 years’ experience in the resource recovery and waste management sectors, holding various executive and business leader roles, including senior positions at Australia’s largest publicly listed waste management company Cleanaway Waste Management. His key capabilities include business growth, stakeholder management, project development, team building and operational excellence to deliver successful outomes.


Senior Executive

Mr. Martin Hoelscher

National Operations Manager

Mr. Martin Hoelscher

National Operations Manager

B.Eng. (Electrical), B. Bus, RPEQ, CPE, NPER, FIEAust

Martin has more than 35 years’ experience in the Australian electricity supply industry, holding executive engineering management roles in areas including distribution and sub transmission power line design, network planning and asset management, and the development of regulatory submissions and preparation and publishing of regulatory annual network management plans. Martin is responsible for the procurement and installation of all our Australian renewable energy infrastructure projects.

Mr. Peter Newland

Chief Information Officer

Mr. Peter Newland

Chief Information Officer

B. IT, AssocDip. Eng. (Electrical)

Peter is highly experienced in both electricity utilities and information technology and passionate about employing renewable energy technology and business models to enable the energy grids of the future. For the past eight years, Peter has been involved in defining customer focused smart energy programs in Australia and the UK, and has held senior executive positions in energy consulting, utility and start-up organisations. He joined the eleXsys group in 2018.

Mr. Merten Foerster

Director – Smart Grid Applications

Mr. Merten Foerster

Director – Smart Grid Applications

MBA, Purdue University
Dip. Bus. Informatics, Harz University

Merten has more than 20 years’ experience in professional services and the energy industry in locations including Europe, South East Asia and Australia. He has worked for German and French multinationals in positions ranging from project management to regional sales manager. Embedded in technology, funding and project development networks, Merten provides unique and comprehensive value to eleXsys Energy projects in the areas of Smart Grid, Renewables, and Smart City technologies and platforms.

Mr. Andrew Theodore

Director, Smart Infrastructure

Mr. Andrew Theodore

Director, Smart Infrastructure

B. Com (Marketing), AssocDegEng (electrical)

Andrew has more than 30 years’ experience in the energy sector, including senior positions in leading energy utility companies. He has extensive hands-on experience in sales, marketing and operations with multinational and Australian organisations. With a passion for understanding end user needs, Andrew builds empowered, high-performing and cross-functional teams to achieve customer advocacy. At eleXsys, he plays a lead role in combining the real and digital worlds to improve sustainability and the way we live.

Mr. Stephen Robertson

Director, Stakeholder Engagement, Marketing and Strategy

Mr. Stephen Robertson

Director, Stakeholder Engagement, Marketing and Strategy

BA (hons) MAICD

Stephen Robertson is a former member of the Queensland Parliament and was a senior Minister in successive State Governments between 1992 and 2012. Over his 13 years of ministerial service, Stephen held the portfolios of Energy, Water, Health, Natural Resources, Mines, Trade and Emergency Services. Prior to joining eleXsys, Stephen was a consultant, providing customised training for Board management teams and staff in areas including governance, meeting skills, risk identification and management and government and stakeholder relations.

Dr. Wayne Water

dStatcom Production Manager

Dr. Wayne Water

dStatcom Production Manager

Ph.D. and M. Eng (Electronic and Computer)

Wayne is an experienced and passionate power electronics engineer. He initially engaged with eleXsys Energy as an academic and then joined full time as the company grew, contributing to the further development and commercialisation of the eleXsys technology. His main research area is electromagnetics analysis, FEM and circuit simulation technique, switched mode power supplies and resonant converter. He also specialises in the design of high frequency transformers and inductors, combined with a strong knowledge and experience in magnetic integrations.

Mr. Olivier Saboureau

International Director, Structured Finance

Mr. Olivier Saboureau

International Director, Structured Finance

B. Com

Olivier specialises in building and structuring financial models for transactions that include grid-connected microgrids: integrating solar, battery and eleXsys platforms at commercial and industrial sites that enable demand management and trading of surplus renewable energy into energy markets. He is also building out the asset finance and asset management functions of eleXsys in Australia and overseas. Prior to joining eleXsys, Olivier held senior executive positions in Australia and Europe for the subsidiary of one of the largest Australian banks.

Connect on LinkedIn

Dr. Boyuan Zhu

Energy Storage Product Manager

Dr. Boyuan Zhu

Energy Storage Product Manager

Ph.D. Eng (Electrical and Electronic), M. Sc (Microelectronics System Design), B. Sc (IT)

Boyuan has 15 years’ experience in electromagnetics and batter energy storage systems with an extensive knowledge of complying with safety and reliability requirements. He first collaborated with eleXsys in a government-funded smart-grid project in 2013 and joined the group full-time in 2016 to lead each phase of Battery Energy Storage Systems (BESS). Boyuan also supports the development of C&I microgrid applications that integrate the company’s unique eleXsys technology solution.

Ms. Tara Stevenson

Business Development Manager

Ms. Tara Stevenson

Business Development Manager

B. Arts (Psychology)

Tara is a specialist in business and digital transformation, corporate governance, portfolio management and assisting boards and executives to achieve business capability improvements. With more than 15 years’ experience, Tara joined eleXsys in February 2021 and is responsible for directing and coordinating the group’s administrative functions, establishing and embedding corporate governance structures, and ensuring appropriate compliance across core business functions.

Connect on LinkedIn

Mark Hibbert

Global Director Consulting

Mark Hibbert

Global Director Consulting

Mark has 39 years’ experience specialising in power system planning, power system analysis and EMTP studies for numerous energy-related organisations. Prior to this role, Mark spent 19 years as Technical Director at Aurecon, consulting on some of the largest energy projects in Australia. His wealth of knowledge and expertise has led him to work on many notable large-scale projects over his career, including the NW Tasmania Strategic Transmission Network Plan, the Toowoomba Central Substation project and the Distribution Voltage Management Study for Energy QLD. Mark’s varied experience in power system planning/design and substation design make him a great asset for eleXsys and the renewable energy industry.


International Executive

Mr. Andrew Jennings

Director of Business Development - Europe

Mr. Andrew Jennings

Director of Business Development - Europe

A highly motivated entrepreneur, Andrew has more than 30 years’ experience in business and investment based in London with special expertise in sectors including cleantech, renewables and SaaS. Andrew has co-founded and owned various businesses including a clothing and footwear distribution company, ship management company and a ski chalet business. Andrew heads up eleXsys Group’s European and UK operations, developing new business and partners to operate in these locations.

Connect on LinkedIn

Mr. Steve Thrall

Director of Business Development – North America

Mr. Steve Thrall

Director of Business Development – North America

B. Com

Steve joined the eleXsys team in Australia in 2018 before returning to his home country of Canada to lead our global expansion into North America. Steve specialises in strategic decision making and business development as it pertains to identifying, educating, and establishing relationship opportunities with key stakeholders in the North America clean energy market. He has been involved in the energy sector for almost 10 years, working in investment banking and oil and gas acquisitions before migrating to the renewable energy industry.

Connect on LinkedIn

Our history

The original idea for eleXsys dates back to around 2006 when a senior utility engineer working for one of Australia’s major electricity distributors, now eleXsys Energy CEO Bevan Holcombe, started to look more closely at the effects of concentrated rooftop solar on the grid.

Australia’s ‘Sunshine State’ of Queensland was already experiencing a steady increase in household renewable energy systems, when a generous feed-in tariff scheme was introduced by the State Government as a means to provide cheaper clean energy for residents during a period of skyrocketing electricity prices. The scheme meant residences and small businesses that installed solar photovoltaic (PV) systems of up to 30 kilowatts could receive 44 cents per kilowatt-hour (c/kWh) for excess energy exported back to the electricity grid.

The Australian Government also weighed in, offering a rebate incentive to encourage the take up of household solar panels.

A rapid acceleration in grid-connected solar PV followed with many thousands of homeowners rushing to install their own systems to reduce electricity bills, earn money from the grid and play a part in renewable energy.

At the same time, Bevan and his colleagues were looking into the likely effect of increased rooftop solar on the network with forecasts predicting an incredible 80% of future energy generation in the south east Queensland region could come from this renewable source. However, they were also increasingly concerned about the impact this growing source might have on network stability and what, if any, voltage management equipment could resolve the problem.

Network voltage issues

The predicted voltage rise followed and soon started to compromise the electricity distributor’s ability to meet its statutory obligation to maintain a consistent voltage for all customers. By 2012, the Queensland Government had slashed the feed-in tariff for new residential PV systems and reduced the eligibility to 5 kilowatts. More changes followed, including rules to prevent customers on the premium tariff to use battery storage to feed power into the grid.

Other Australian states such as South Australia and Western Australia were now also experiencing their own voltage management issues. In 2019, the Australian Energy Market Operator warned that if nothing was done to safeguard the grid, there was a real risk of rolling blackouts if soaring levels of renewable energy overwhelmed the system.

Measures were introduced to prevent network voltages reaching excessively high levels, such as imposing a 15% rule to limit the export of solar to the grid and design changes to PV systems requiring them reduce or switch off solar generation output when network statutory voltage limits are reached.

eleXsys development commences

By the time Bevan’s prediction about network voltage problems came true, he had already left his electricity distributor job and had commenced early development of the eleXsys solution.

The lack of any existing commercial product that could singlehandedly solve the problem meant eleXsys had to start from scratch, creating both the hardware and software in the perfect combination while keeping pace with the dramatic change and growth taking place in the renewables sector.

The first eleXsys prototype was completed in 2015, followed by thousands of hours of R&D and rigorous testing. Development continued in earnest, backed by a growing team, government funding grants and a realisation that eleXsys could support a multitude of applications across all renewable energy sources.

Global expansion

By 2020, the full commercialisation of eleXsys was under way in the wake of winning the “Smart Grids and Security” category of the 2019 World Energy Council start-up awards.

Construction of the IKEA eleXsys Microgrid project in South Australia had begun, together with enhancements to our Australian manufacturing capabilities and significant ongoing research and development activity.

eleXsys Energy establish offices in the USA, Europe and the Asia Pacific, and new partnerships to enable rapid global expansion. An international investment banking and financial services company was engaged to assist with capital raising and more award wins were achieved.

In July 2021, eleXsys appointed Non-Executive Chairman Angelo Sofocleous to the board, joining an expanding team of Australian and international executives and Advisory Board members.

News

Inflation Reduction Act supports distributed generation and the Grid of the Future

The Inflation Reduction Act (IRA) represents the single largest investment in climate and energy in American history – but it still does not go far enough. While the IRA is …

Inflation Reduction Act supports distributed generation and the Grid of the Future Read More »

Now is the time to create the electricity network we will all rely upon tomorrow

Co-Founder and Executive Director of eleXsys Energy Richard Romanowski has called for urgent action to reinvent Australia’s electricity network in an address to the Smart Energy Queensland Conference in Brisbane. …

Now is the time to create the electricity network we will all rely upon tomorrow Read More »

Australia’s first EV and battery to the grid project showcases global curtailment solution

eleXsys Energy has unveiled the nation’s largest battery and EV charging installation in a showcase of grid connected renewable energy storage and a global first ‘boost’ capability for EV owners. …

Australia’s first EV and battery to the grid project showcases global curtailment solution Read More »

eleXsys Group companies

eleXsys Holdings Limited

ACN: 160 907 746

Holding company for the Group with 100% ownership of its subsidiaries.

eleXsys Energy Pty Ltd

ACN: 160 084 195

Developer and engineer of projects integrating eleXsys™ technology. In Australia, it is trading as Planet Ark Power.

eleXsys R&D Pty Ltd

ACN: 160 918 463

The R&D company that has developed eleXsys™ technology. It manufactures small quantities of the device.

eleXsys Energy, UK

Establishment number BR022319

The UK establishment of eleXsys Holdings Limited, registered at Companies House with the Company Registration Number of FC037230.

Stay connected.