Campaign to decorate our economies through electricity and clean energy continues to create speed around battery technologies, as the storage has a key role in enabling green transfer. Although renewable sources are clean sources of energy than burning fuel, their power generation is not always permanent. In the case of solar – which has seen a massive increase in deployment in recent years – once the sun shines on photovoltaic cells, the power generation stops.
One solution to manage the variation of solar plants is to store energy (during daylight hours) when there is a gluten. In this way, the stored electricity can be made available at other times, including the completion of more demand periods – which usually occur after the day when the sunlight is reduced.
Moon wattThe Netherlands are working on a clean -tech start -up battery -based energy storage system in September last year, which has been jointly, and improved with solar powered plants to help handle this change. The team designed the software needed to connect and manage the battery enclosure hardware, inverter power electronics and storage systems to connect the grid.
Startup says that from its point of view, being able to sell solar plants will enable solar plants (including energy when the cost of energy is more attractive) and the cost of plant levels will be reduced because the design develops some of the power infrastructure mutually. Target solar plants are those that produce at least a few hundred kilograms of energy – so basically anything other than the deployment of residential photovoltaics.
In particular, a moonwatt system is being created around sodium -ion cells for batteries that will store solar energy. This technology offers a charming alternative to lithium -ion as production depends on the raw material (and easy in the source), which helps keep the costs reduce.
Although sodium -ion batteries may have lower density than lithium -ion cells in size and weight challenges.
Getting more juice from pv
The pitch for Moonwat’s solar powered plants is that their energy storage system allows them to increase their capacity element by 80 %. The plants that they buy will be able to double their internal return (IRR), they also recommend.
“Basically, what we let our partner do is to double their return,” Valentine Rota, a co -founder and chief commercial officer, told Tech Crunch. “So in AAA [credit-rating] Country, I would say an average PV [photovoltaic] The asset is around, let’s say 8 % to 12 % return – IRR – and we will bring the asset to about 20 %.
Startup founder all three – CEO Zukai and CTO Gleom Manseini – met almost a decade ago while working on a battery tech for Tesla. He has since been working together in various employers and various projects, including experimenting on a small scale, off -grid solar storage.
“We first began to look at the application we call a micro -grid, so usually a small grid resistant generator,” Rota said. “But as the batteries declined and the price of storage fell, the applications began to reach the big grid, and it was really driven at the basic pace of solar.”
The founders also worked together in the battery -maker Fareer (since Tie Energy). And once they saw that the cost of the cost in the right direction, Rota says that the spark of setting Moon Watts – named for a passionate game on ‘Moon Shot’, we believe that they could connect their knowledge of battery hardware and use battery technologies to make solar storage.
“We found that this application – solar storage – is the backbone of the Future World Power Grid, but has not yet dedicated any product.” “So this is about Moon Watt: This is about making the first solar battery storage product.”
Since the global solar volume continues to increase the startup condition that the industry will start searching for dedicated storage rather than working with the “cookie cutter” product.
Moon Watt’s “big difference”, per rota, involves the use of sodium-ion battery technology-which he says is a better scale, cost reduction and carbon footprint reduction than lithium-ion.
The design of their storage system also uses a distributed architecture (rather than being central), making it easier to connect plants. They also say that the approach they are taking is allowed to reduce the cost of maximum efficiency and delivery power costs, thanks to the storage closely connecting the panels very closely to the peak production.
He added, “Using these three features, we have to reduce the cost of power of these solar plants.”
Finance of seeds to step on gas
Although it is still in a hurry for this (only) old business and its prototype product, Monwat has now closed the $ 8 million seed funding round (about $ 8.3 million at current exchange rates) to step on gas and get their storage tech to the market. He then expects him to be in a position to make his first trade deployment in 2027.
The seeds are combined with Dafi and LEL partners, with the future of the founders, with the participation of AFI ventures (through ventrick) and Kima Ventures, with strategic business angels and users.
Commenting in a assistant statement, Dafney’s colleague Paul Bazan said “Monwat’s view is” lack of industry. “
“The growth of renewable electricity has exceeded all expectations, but we are approaching an indicator where they will not go on a more scale without better energy storage,” he said. “Created by industry veterans, Moonwat is solving it with a different storage product that is made for solar.”
Rota also tells us, “We raise the ambitions of becoming a large -scale player, because we want to have an impact.” “And costs with a scale. And we know that this is a lower -level business in this industry, so we have to compete with the cost.
Rota says the decision to focus on solar energy is boiling on the widespread growth of attractive economics and this type of renewable energy.
He noted, “Solar is interesting because it – at the price of a megawatt hour – is getting very competitive and more.” “But the solar is even more everywhere. It is already being deployed to more than 120 countries every year.
Just improving for solar means that the startup can focus focus on the design selection, which aims to help plants benefit from their assets, including when their energy is shrinking to the grid costs.
“Looking forward, how to reduce [solar energy] The cost is reducing the overall balance of plant costs. So you need to reduce the number of transformer cables, etc. And the way you do this are solar and storage, not on the level of medium voltage, but at the low voltage level – really, “they recommend.
“By doing so, they share the same electrical infrastructure to connect the grid. And if we increase the ideology of a country like a country, then improving the use of grid capacity is something we have to do. Because, today, a stand alone can use your solar plant, when you use only 20 percent of your energy, but you can only use your energy. There are more efficient use of this grid capacity.
Startup business is also about helping solar plants to be developed with tariffs in tariffs – “almost” ” – to become an energy trader with a flexible asset.