Powervault
Renewable Energy Equipment ManufacturingEngland, United Kingdom11-50 Employees
Powervault is a UK-based renewable energy equipment manufacturer headquartered in London, England (SE1 9HZ), with a team of 11-50 employees and a website at powervault.co.uk. The company designs and manufactures energy storage systems for residential and commercial use that store solar energy and grid electricity. In its initial UK market, the storage system stores daytime solar energy and releases it in the evening, delivering a claimed 50% reduction on electricity bills; the addressable market is expected to expand as smart tariffs enabled by smart meters become more widespread. Powervault has pursued partnerships and integrations, including integrating Voltalis' smart demand-response technology with its SMARTSTOR platform to enable households to monetize stored energy, and a collaboration with the National Physical Laboratory to verify CO2 savings. Reported revenue ranges from $1–10 million, with total funding around $4.6 million.
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