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Tuesday, 27 March 2018, 16:00 HKT/SGT
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Source: TEPCO
Free Electrons selects 2018 Cohort of 30 Startups
Global Energy Program Attracted 515 Applications from 65 Countries

TOKYO, Mar 27, 2018 - (JCN Newswire) - Free Electrons, the first global energy startup accelerator program that connects the world's most promising energy startup companies with leading utility companies, has selected its second cohort to participate in the 2018 program.

Offering solutions from across the energy spectrum including IoT & digitization, smart grids, clean energy, E-mobility, energy management and energy efficiency, the 30 startups chosen are:

- Adaptricity                        Switzerland            Smart Grids
- CHAKRATEC                          Israel                 E-mobility
- Clevericiti Systems GmbH           Germany                IoT & Digitization
- ElectrIQ Power, Inc.               United States          Energy Management
- EQuota Energy                      China                  Smart Grids
- Fresh Energy                       Germany                Customer Solutions
- greenbird Integration Technology   Norway                 IoT & Digitization
- GreenPocket                        Germany                Energy Management
- GridCure                           United States          Smart Grids
- GridWatch MAC Ltd                  Ireland                Smart Grids
- Howz                               United Kingdom         Business Model Innovation
- Hygge Power                        United States          Energy Efficiency
- Jungle AI                          Portugal               IoT & Digitization
- Kisensum, Inc.                     United States          Smart Grids
- loqr                               Portugal               IoT & Digitization
- Lumenaza                           Germany                Energy Management
- Manetos Labs AB                    Sweden                 IoT & Digitization
- ME SOLshare Ltd                    Bangladesh             Smart Grids
- MEAZON                             Greece                 IoT & Digitization
- Nnergix                            Spain                  Smart Grids
- Orison                             United States          Smart Grids
- RayGen Resources                   Australia              Clean Energy
- Relectrify                         Australia              Clean Energy
- Smart IoT                          UAE                    IoT & Digitization
- SmartGreenCharge                   France                 Clean Energy
- Spark Horizon                      France                 E-mobility
- Sterblue                           France                 Energy Efficiency
- Verv Energy                        United Kingdom         IoT & Digitization
- VoltStorage                        Germany                Clean Energy
- Wattwatchers                       Australia              IoT & Digitization
"The companies selected represent a highly diverse list of applicants. It was not easy to choose 30 from among 515 applicants. The number of submissions and successful candidates is an indicator of their overall quality. We are looking for innovative solutions that can be adopted and integrated in our companies, helping to shape the future of the energy sector", says Hirokazu Yamaguchi, Executive General Manager, Global Innovation & Investments at Tokyo Electric Power Company Holdings (TEPCO).

Program participants will now work closely with local players, utilities, mentors and other resources to accelerate their growth, starting with a one-week "bootcamp" in Lisbon (Portugal). 3 subsequent modules will take place in Sydney/Melbourne (Australia), the Silicon Valley (USA), and the final stage in Berlin (Germany).

Free Electrons utility members are American Electric Power (USA) Ausnet Services (Australia), DEWA (Dubai), EDP (Portugal), ESB (Ireland), Innogy (Germany), Origin Energy (Australia), SP Group (Singapore) and TEPCO (Japan), with the program being supported by Beta-i (Portugal).

Free Electrons is building an international, advanced accelerator program focused on startups that have already raised money, created a working prototype, and earned a few battle scars along the way: www.freetheelectron.com.

About TEPCO

Tokyo Electric Power Company Holdings, Inc. (TSE: 9501), headquartered in Tokyo, Japan, is the largest utility in Japan serving millions of homes and businesses. Worldwide the company has more than 34 subsidiaries and 32 affiliates in 8 countries and employs approximately 42,060 people. Consolidated revenue for the fiscal year ending March 31, 2017, totaled 5.3 trillion Japanese yen. 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/index-e.html

Topic: Press release summary
Sectors: Alt. Energy, FinTech/Chains, Venture Capital
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