Ignite Ideas Fund Recipient
March 7, 2018
eleXsys R&D* is a recipient of funding from the Ignite Ideas Fund. We appreciate the confidence the Queensland Government has placed in Elevare Energy through this funding.
The funding is being put toward the deployment of battery energy storage systems at commercial premises in Queensland, with the main objective of reducing business energy costs through peak energy demand shaving.
*The company name was changed from Elevare Energy Pty Ltd to eleXsys R&D Pty Ltd in October 2019.