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Kraken Technologies and SolarEdge Announce Strategic Partnership for Low-Cost, Green Energy
Slice of Energy Team
August 01, 2024
Key Highlights:
Kraken Technologies partners with SolarEdge to provide low-cost, green energy.
Integration of SolarEdge batteries into Kraken's energy platform.
Octopus Energy customers in the UK and Texas to benefit first from the partnership.
Virtual Power Plant expansion to include SolarEdge systems worldwide.
Smart tariffs development for SolarEdge battery owners through Kraken’s global client base.
Source (Business Wire)
Notable Quotes:
“This strategic partnership puts SolarEdge customers at the centre of the energy ecosystem and helps drive greater energy resiliency to homes and the grid in the UK and Texas. As the world continues to transition towards net-zero, these programs will be critical to ensuring a stable penetration of renewable energy into the grid network.”
“This partnership with SolarEdge sees a key player in clean domestic energy tech join our ecosystem. The scale this brings will benefit our customers’ pockets and support the transition to a clean, sustainable energy system.”
Our Take:
The partnership between Kraken Technologies and SolarEdge marks a significant advancement in the clean energy sector. By integrating SolarEdge batteries into Kraken’s platform, customers will experience optimized energy management, leading to substantial cost savings and increased energy efficiency. This collaboration not only enhances the capabilities of SolarEdge Home Batteries but also supports a broader transition towards a decentralized and sustainable energy system. The initiative will likely accelerate the adoption of smart energy solutions and contribute significantly to global energy resilience.