- Press Release
NEXT Energy Technologies, Peak Power, Qnovo named as Honorees of EIV2022 (1H)
ENECHANGE Ltd. (Head office: Chuo-ku, Tokyo, CEO: Yohei Kiguchi, COO: Ippei Arita; hereafter: ENECHANGE) are pleased to announce that NEXT Energy Technologies, Peak Power, and Qnovo have been selected as the three Honorees of the first cohort of energy innovation program ENECHANGE Insight Ventures 2022 (EIV2022), organized by ENECHANGE. The ceremonies at the EIV2022 Summit, which were held online on Thursday, October 6, included talk sessions with each of the Honorees.
EIV is a joint effort by Japanese energy-related companies to accelerate and revitalize innovation in the Japanese market by aiming to introduce more global energy tech companies to domestic energy companies. The program was launched in 2018 as the Japan Energy Challenge (JEC) and changed its name to EIV in 2021. This is the sixth time the program is held since its inception.
EIV2022 was underpinned by Japan’s Green Growth Strategy, which sets out plans for carbon neutrality by 2050, as well as subscriber interest in fields key to decarbonizing Japan. The EIV team received dozens of applications from across North America, Europe, and Oceania. The list was narrowed down to 15 finalists, that were invited to participate in this edition’s cohort. Each finalist had the chance to present their solutions to an audience of key decision-makers in the Japanese energy industry through monthly webinars. Once the webinars were completed, the Honorees were selected after a series of interviews and collaborative discussions with the ENECHANGE Group and 15 Japanese sponsors.
The three companies selected as Honorees for EIV2022 (1H) are NEXT Energy Technologies (US), Peak Power (Canada), and Qnovo (US).
EIV 2022 (1H) Honorees (3 Companies)
|NEXT Energy Technologies
|Integrated PV coating||NEXT Energy Technologies has produced a proprietary transparent photovoltaic (PV) coating that transforms windows into energy-producing solar panels, allowing buildings to create on-site renewable electricity, thereby reducing carbon emissions and costs.|
|DER optimization||Peak Power offers a multifaceted software, Peak Synergy, that has the ability to forecast peak events, optimise distributed energy resources (DERs), and integrate them to supply energy during peak events.|
|Battery management||Qnovo offers battery-enhancing management software for customers in the electric vehicles, energy storage systems and consumer electronics industries.|
Comments from Cohort Winners
Daniel Emmett, co-founder & CEO, & NEXT Energy Technologies
We are excited that NEXT Energy Technologies, Inc. is one of the Honorees of ENECHANGE Insight Ventures. Through ENECHANGE Insight Ventures, we look forward to developing more relationships in Japan’s energy sector to help bring our mission of empowering windows that power our buildings and contribute to a more sustainable built environment. Our team is excited to work together to continue the global energy transition.
Matthew Sachs, COO, & Peak Power
Peak Power is excited to be named an Honoree of the EIV program. The relationships and exposure that EIV helped facilitate are highly strategic for us as a growth-stage company. We look forward to building on the momentum we have gained through the program to set us up for expansion into Japan.
Nadim Maluf, CEO & Qnovo
Qnovo is pleased to be named as an Honoree of ENECHANGE Insight Ventures and to expand our relationships within their network of innovators. Japan is an important geography for Qnovo; we applaud the country’s leadership in decarbonization. We stand ready to accelerate Japan’s electrification efforts with our battery management solutions for a more intelligent and resilient energy future.
Comment from Yohei Kiguchi, Representative Director & CEO of ENECHANGE Ltd.(organizer of EIV)
We are excited to have NEXT Energy Technologies, Peak Power, and Qnovo as Honorees of EIV2022 (1H). Each of them offers a unique solution that we feel can further tackle decarbonization in Japan. With pandemic measures slowly lifting in Japan as well, we see this as a time for fruitful exchange and the chance to build strong relationships.
EIV2021 Subscribers (Sponsor Companies)
Pro Sponsor:Astomos Energy Corporation, BIPROGY, Inc., ENEOS Corporation, Tohoku Electric Power Co.,Inc.
Basic Sponsor:JGC Japan Corporation, Mitsui Sumitomo Insurance Company, Limited, Osaka Gas Co., Ltd., Rakuten Energy, Inc., San-Ai Obbli Co., Ltd, SCSK Corporation, Shimizu Corporation, Toshiba Energy Systems & Solutions Corporation
Sponsor & Organizer:ENECHANGE Ltd.
ENECHANGE is an energy technology company that promotes a carbon-free society through digital technology with the mission of Changing Energy For A Better World. We offer services based on data utilization in the field of the 4Ds of Energy: Deregulation, Digitalization, Decarbonization, and Decentralization. Our company’s roots come from an energy data lab at the University of Cambridge, U.K., a country where liberalization is mature. ENECHANGE has a British subsidiary, SMAP Energy Limited, as well as a global network and analytical technology for energy data.