Allume has been selected as one of three finalists for the Demand-Side Innovation award at the Startup Energy Transition 100 awards!
We couldn’t be more pleased with the result, especially given the high number of high-calibre entrants to this year’s award. Our selection as a finalist was announced by Dr. Angela Wilkinson, Secretary General and CEO, World Energy Council, who was especially complimentary by revealing that there had been over 500 applications from 89 countries.
You can watch Angela make the announcements here:
The Startup Energy Transition (SET) is the brainchild of the German Energy Agency and World Energy Council. Each year they facilitate the Berlin Energy Transition Dialogue, which brings together the biggest names in the renewable energy industry. This year, German Economic Affairs Minister Peter Altmaier and President of the European Commission Ursula von der Leyen opened the event with special guest speakers including US Administration’s Special Presidential Envoy for Climate John Kerry and US Secretary of Energy Jennifer Granholm.
The winners will be announced at the (hopefully!) in-person SET Tech Festival in German later in the year.
More about the European Market
With over 40% of Europeans living in apartment buildings, having a solar solution that works for them is vital in the transition to a sustainable future. With the SolShare being able to supply solar to apartments in low to medium rise apartment buildings, that equates to over 200 million Europeans who are now able to access solar energy via a SolShare system. Allume’s expansion into Europe has already caught the eye of not only industry bodies like SET but also noteworthy solar industry players in multiple countries from the UK in the West to Romania in the East.
If you are interested in partnering with Allume to provide the SolShare solution in your area, get in touch to learn more.
The results are in and Allume has won this year’s Clean Energy Council’s Innovation Award with the SolShare – we couldn’t be more thrilled! Our world-first solution to behind-the-meter solar sharing has been selected by the judges as Australia’s most innovative technology in renewable energy.
Allume’s SolShare beat ‘hundreds’ of other entrants to reach the final alongside 5B’s rapid deploy solar system and Western Power’s stand-alone power systems. Following a rigorous judging process, the Clean Energy Council selected Allume as winners.
Allume’s CEO, Cameron Knox said:
“We are thrilled to be recognised with such a prestigious award. We are so proud of what we have been able to achieve, and very excited about the future of the SolShare and Allume. It is fantastic to have the Clean Energy Council’s support in our vision to unlock rooftop solar for those missing out.”
Allume’s CTO Kristy Battista said:
“What an honour! Winning this award is the result of all the hard work and commitment that’s been put in by the Allume team and I couldn’t be prouder. Amazing things can happen when you combine a genuine market need with innovative thinking”
The interest in the SolShare since coming to market in 2019 has been immense, with Allume rapidly expanding across Australia and into the US, with further expansion in the EU set for 2021. With installs covering a wide range of buildings, including community housing, new builds, not for profits, and retail units.
Allume’s Head of BD, Jack Taylor said:
“The traction that we have gained since bringing the SolShare to market last year has confirmed to us that we have solved a significant problem that faced the renewable energy industry – how do you install solar panels on apartment buildings? Winning the Clean Energy Council’s Innovation Award has reinforced our belief that we are solving a problem that really matters with a unique solution.”
The judges were impressed by the innovation shown with the SolShare and its ability to unlock solar for buildings that have previously been locked out. Apartment residents are finally able to enjoy the countless benefits that stand-alone home dwellers have enjoyed for years, which are even more significant during the current climate.
Alex Marks, COO, said:
“Our technology is bringing the benefits of rooftop solar to those that couldn’t previously access it. Social housing residents, renters in apartments, and family-owned businesses are now benefiting from lower electricity bills and contributing to climate change action.”
For more information on the SolShare, you can get in touch via our contact page.
ARENA has provided $220,000 in funding towards Allume Energy’s world-first solution that will enable The Salvation Army to on-sell any solar energy to other tenants within the building, all at no up-front capital cost to The Salvation Army.
By utilising the SolShare’s ability to share solar power to multiple units within a building, The Salvation Army will purchase solar energy under a ‘classic’ PPA, and on-sell any unused solar to the other tenants in the building for a profit under a secondary, on-selling PPA.
The Salvation Army will become the solar energy retailer within the building. Other tenants will have the opportunity to buy cheap, renewable solar energy from the salvation army and know that when they do, their money will be contributing towards their great cause.
Non-governmental organisations (NGOs) are the perfect candidate for solar energy: socially responsible organisations who can use the money saved on their energy bills to help their good causes. Often though, there are challenges for NGOs to gain access to rooftop solar: the capital costs are high and their premises are often in multi-unit buildings.
By using the SolShare, we easily solve the issue of supplying solar to multiple, separately metered units within a building – it’s our bread and butter!
But how do we overcome the capital cost that comes with installing a large solar system?
The answer is via a power purchase agreement, often referred to as a PPA. A solar PPA is where an external funding body will fund the capital outlay and maintain a rooftop solar system and sell the generated energy to the tenants within the building. The solar energy is sold at a lower rate to the energy that is supplied by the grid, therefore, generating a ‘win-win’ scenario where the PPA provider generates a return on investment by selling the solar and the tenants get cheap, renewable energy at no upfront capital cost by buying the solar. Simply put, at no upfront cost, a tenant can enjoy cheaper, renewable energy that’s been generated on the roof of the building.
This is a great solution but how can we make it more beneficial to the NGO and more appealing to the other tenants within the building?
We create a model where the NGO becomes the solar energy retailer.
By using the SolShare, we can direct the solar energy to the NGO, creating the highest savings for them. But instead of wasting any excess solar energy that they don’t use by sending it to the grid the SolShare will direct it to the other tenants in the building, who will buy it from the NGO.
It’s a fantastic solution that will not only make better use of the solar energy by maximising onsite consumption but will also generate revenue for the NGO, helping contribute to their good causes.
The Australian Renewable Energy Agency (ARENA) is contributing $220,000 of funding towards this $1.04 million project. The funding will go towards the technical and legal development of the SolShare to enable the solar PPA on-selling functionality. More information can be found on the ARENA project page.
Allume will supply the SolShare and developing the solar sharing algorithm to enable excess solar energy not used by the NGO to be directed to the other units within the building. We will also manage the on-selling billing functionality via the SolShare.
Green Peak Energy is the project financer. They will fund the solar PV capital equipment and sell the generated solar energy from these systems to the NGOs under a standard PPA.
As a world-renowned organisation, The Salvation Army’s commitment to creating a better world cannot be understated. They have kindly agreed to install the first pilot system on one of their buildings in Glenorchy, Tasmania. The outcome from the pilot site will see The Salvation Army save money on their energy bills by buying solar energy when they need it and make money by selling solar energy to the other tenants when they don’t.
I Want Energy is one of the most established and respected solar installers in Tasmania. In their 10+ years of operation, they have installed over 3,000 solar systems, are Fronius Service Level Plus Partners, certified Tesla Powerwall Installers, and were one of the world’s first SolShare Installation Partners.
The unseen but key members of the project! The sub-buying tenants will be reducing their carbon footprint and saving money on their energy bills by buying solar energy from the NGOs when there is excess solar supply.
This ground-breaking solution is only achievable with the use of the SolShare’s unique solar distribution technology. As the world’s first behind-the-meter solar power division control system, the SolShare is able to distribute the solar energy generated from a single solar system to multiple, separately metered units within the same building.
Allume will develop the SolShare’s algorithms to enable the on-selling of excess solar energy to other units within the building.
As this is the first time that an on-selling PPA will be created via the SolShare, legal frameworks will be created to enable the other tenants within the building to buy the solar energy off the NGO.
Functionality testing will take place at the pilot site in Glenorchy, proving the concept for a wider rollout.
Following successful installation, The Salvation Army will be running the world’s first on-selling PPA, enabling them to be the solar energy retailer in their building at no capital cost to them. This will result in a fantastic list of benefits for all parties involved:
For more information or media enquiries, please contact us.
The New Daily has written an interesting article on the inclusion of Allume’s SolShare technology and it’s inclusion in Mirvac’s Tullamore develoment. We’re proud to be delivering shared solar in partnership with Mirvac and Prana Energy.
Folia Apartments by Mirvac is nestled within Tullamore, Doncaster’s most prestigious community, surrounded by established parkland and abundant amenity. Committed to creating sustainable living environments for residents to enjoy, Mirvac have implemented Allume Energy’s forefront technology in Folia allowing the Prestige and Penthouse Apartment residents to share a single set of solar panels and distribute solar power in a manner that optimises the financial benefit to all connected residences.
This is the first of many developments by Mirvac that will include the SolShare, with further buildings at Tullamore and at other locations across the country. Mirvac has been an early supporter of Allume Energy, and we are grateful for their support and dedication to smart energy technologies and the benefits they can deliver to new urban developments