Winners – Australian Financial Review Innovator Award

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Allume Energy, the SolShare

Allume Energy has recently been announced as one of the Sustainability Leaders by the Australian Financial Review – and we couldn’t be prouder! The list features some incredible Australian innovators and we’re delighted to be named amongst them. All working together for a greener and more sustainable future.

 

Special Mention for the SolShare

The SolShare is the world’s first and only hardware solution for sharing rooftop solar for apartments. Using a single rooftop system, multiple apartments in a building can connect and enjoy the benefits of solar energy. On average, an apartment can save $400 every year on electricity bills. Furthermore, each installation saves 15 tonnes of carbon dioxide being released into the atmosphere each year.

With electricity prices surging all over the world and more people aiming to reduce their carbon footprint, solar energy is becoming ever more popular. There’s an immediately addressable market of $US50 billion across the three main regions for Allume. This means there’s huge room for growth both overseas and in Australia. Furthermore, over 2 million Australians live in apartments and with Allume’s unique technology, it’s not just homeowners with large rooftop spaces that can benefit from solar energy.

the Solshare, shared solar

 

Other Sustainability Leaders in The Resources, Energy and Utilities Category

Allume Energy won the Innovator Award for the 2022 Financial Review Sustainability Leaders, but within the category of Resources, Energy and Utilities there were a number of incredible companies doing hugely exciting things for a more sustainable future.

The category winner was ResourceCo, a company that has been recycling and repurposing waste materials for the last 30 years. Each tonne of waste that doesn’t end up in a landfill saves a tonne of CO2 from being emptied into the atmosphere. So far, ResourceCo has saved 60 million tonnes of CO2 from being released!

We were also amongst companies like Delorean Corporation, who use anaerobic digestion from organics found in landfill to deliver renewable gas, electricity and heat. Fortescue has set industry-leading targets and aims to be carbon neutral by 2030 and use renewable energy at all mine sites.

In addition to these is Discover Energy, a company that uses technology to sell energy with the aim of providing consumer empowerment, transparency and value to the energy network. They use Mantra, a Virtual Power Plant platform to achieve this.

To find out more about all the companies and winners of the Sustainability Leaders, you can read the full Australian Review article here.

 

Allume Energy – Providers of Shared Solar

For years, solar energy was restricted to those who had the space to install solar panels. Now, thanks to the SolShare, apartment residents and owners can also receive solar energy. If you’d like to know more about apartment solar and whether your building could benefit from the SolShare, get in touch with the team at Allume Energy.

Being recognized as one of the AFR’s Sustainability Leaders is a huge honour. We’re proud to be amongst such innovative and exciting companies that are really making a difference when it comes to sustainability and the future of our planet.

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