Solo Energy, a company marrying technological developments in home batteries and grid-connected electric vehicles with peer-to-peer blockchain energy trading, today announced the appointment of ex-Tesla vice president for Europe and the Middle East, Ben Hill, as its commercial and technical advisor.
Solo Energy hopes to advance use of renewable energy future through the creation of what it calls ‘Virtual Power Plants’, where small private generators of power – such as those with solar cells and wind turbines – can become part of is FlexiGrid platform to effectively pool and trade power. That means that, by benefitting from its small-scale home and business power storage batteries and V2G (electric Vehicle to Grid) technology – it can intelligently draw power from grids when needed or when cheap, and feed back when supply is needed.
Hills expertise, as you would expect from someone who has served Tesla, is in solar, battery storage and electric vehicle technology – having also worked leading Trina Solar and BP Europe’s solar power business’.
Mark Hamilton, CEO and Co-Founder of Solo Energy, said: “We are delighted that Ben has agreed to be a part of Solo Energy’s journey. Our company goal is to lay the building blocks for a 100% renewable world, and Ben’s experience encompassing both energy and battery technology will be invaluable in achieving this goal.”
Ben Hill said: “I’m incredibly excited to be working with Solo Energy… it’s peer to peer trading concept using the latest blockchain technology is cutting edge.
“In helping Solo Energy bring its business model to reality, I’m fulfilling my own ambitions to push forward the sustainable and renewable energy revolution. By making reliable low carbon, low cost, sustainable energy accessible to homes across the UK and Europe, we believe we will change the face of energy generation forever.”
Solo Energy has already struck its first energy supplier partnership, with Our Power, and piloted its plans. It intends to roll out its first batch of battery storage units, which will form the first Virtual Power Plants, through a Security Token Offering at the end of September 2018.