Smart, AI-enabled technology has now been combined with paradigm-shifting business design and entrepreneurial thinking deliver a more renewable grid, faster.
“Until now, owners of buildings with big solar installations have needed to consume all the power themselves to make best use of it. Now they can share the excess and bolster rental yield for investors.”
Not only will Planet Ark Power install the solar system, they will also pay rent to the landlord for access to their roof AND sell cheap clean energy to the tenant at a discount of around 25 per cent.
The company’s engineers saw the problem of voltage management in supplying solar to the grid coming almost seven years ago. They began a collaboration with researchers to develop a behind-the-meter technology that enables excess energy to be supplied to the grid within statutory voltage limits.