Applications are open for Free Electrons – the first truly global acceleration program, that connects the most promising startups with leading utilities in the energy sector. The program seeks to find solutions in the mobility, clean energy, smart grids, and digitalization.
On March 13th, the startups selected for the bootcamp (happening in Dublin) will be announced.
Just like the last edition, the program will have 3 modules: the first in Columbus, in the North-American state of Ohio, in May; the second in Hong Kong, China, in June; and the last module will happen in Lisbon, in September, when a winner will be announced – winning a $200.000 prize.
In its 3rd edition, Free Electrons already has a successful history: several pilots began business partnerships between the startups and the utilities and last edition’s winner, SOLshare, is revolutionizing the energy market in Bangladesh, where over 50 million people still can’t access the electrical grid.
Partnering up
The founders of Free Electrons are Ausnet Services (Austrália), DEWA (Dubai), EDP (Portugal), ESB (Irlanda), Innogy (Alemanha), Origin Energy (Austrália), SP Group (Singapura) e Tokyo Electric Power (Japão). In 2018, the American Electric Power (USA) and CLP (Hong Kong) also joined the program, with the program being powered by Beta-i.
These 10 utilities of the energy sector have, together, around 80 million clients and are located in more than 40 countries – which gives mature energy startups the chance to go global by accessing these partners.
Applications are now open until the 22nd of February.