TEPCO Announces Investment in Moixa Energy

Moixa offers a compact and affordable smart battery for residential customers that helps households save money by storing spare solar or cheap tariff electricity.

Tokyo Electric Power Company Holdings, Inc. announced a £500,000 equity investment in Moixa Energy Holdings, the UK's leading residential battery company (CEO: Simon Daniel, Headquarters: London).


"We are excited to welcome Moixa to our modest, but growing portfolio of innovative companies," said Hirokazu Yamaguchi, Executive General Manager, Global Innovation & Investments at TEPCO. "Moixa has developed a robust battery storage and smart energy-sharing platform. We look forward to gaining hands-on experience for the benefit of our customers."

David Thomlinson, Chairman of Moixa and former Global Head of Energy at Accenture, said, "Having previously worked with TEPCO, I am particularly pleased to be able to partner with this leading Japanese corporate, to bring the Moixa technology to new markets."

The energy industry is undergoing a fundamental and disruptive change enabled by new technologies and driven by customers. Technologies such as distributed solar and batteries are enabling innovative new ways of producing, consuming and sharing of energy. This in turn is setting the stage for customers to increasingly and proactively engage in the energy industry as "prosumers" who both produce and consume energy.

Moixa offers a compact and affordable smart battery for residential customers that helps households save money by storing spare solar or cheap tariff electricity. In addition, their innovative cloud-based GridShare platform helps manage and aggregate distributed storage resources, and thereby, deliver grid services and savings for the energy system.

About Moixa Energy

Moixa Energy Holdings invents, manufactures and distributes smart energy technology. It is the UK's leading residential battery company with an unrivaled track record in the UK market, and has worked with councils and housing associations, energy utilities and network operators to deliver more than £5 million of projects. To date the company has installed Moixa Smart Batteries in more than 800 homes in the UK with a combined capacity of over 1.3MWh and over five million hours of use. For more information, visit http://www.moixa.com.

About TEPCO

Tokyo Electric Power Company Holdings, Inc. ('TEPCO'; TSE: 9501), headquartered in Tokyo, Japan, is the largest utility in Japan serving more than 29 million homes and businesses. Worldwide the company has more than 74 subsidiaries and affiliates in 8 countries and employs approximately 43,330 people. The company was established in 1951 and is listed on the First Section of the Tokyo Stock Exchange. For more information, visit http://www.tepco.co.jp/en/corpinfo/index-e.html.

Featured Product

HPS EnduraCoilTM Cast Resin Medium Voltage Transformer

HPS EnduraCoilTM Cast Resin Medium Voltage Transformer

HPS EnduraCoil is a high-performance cast resin transformer designed for many demanding and diverse applications while minimizing both installation and maintenance costs. Coils are formed with mineral-filled epoxy, reinforced with fiberglass and cast to provide complete void-free resin impregnation throughout the entire insulation system. HPS EnduraCoil complies with the new NRCan 2019 and DOE 2016 efficiency regulations and is approved by both UL and CSA standards. It is also seismic qualified per IBC 2012/ASCE 7-10/CBC 2013. Cast resin transformers are self-extinguishing in the unlikely event of fire, environmentally friendly and offer greater resistance to short circuits. HPS also offers wide range of accessories for transformer protection and monitoring requirements.