Alevo Group receives $1.4M for Kenyan energy storage study


Alevo have received a grant of $1.4M for Kenyan energy storage study where Alevo Analytics will provide the analytics for the Kenyan Energy Storage Study.
The study is funded by U.S. Gov. USTDA and grant application started during Obama administration, grant award ceremony was hosted by U.S. Embassy Nairobi Kenya, on 27th April 2017 with grantee Xago Africa and prime contractor Alevo Analytics.

On his appointment as Alevo’s new CEO,  Vladislav Baumgertner said, “As the need for global energy storage providers grows worldwide, Alevo is poised to be a dominant force in the industry with its advanced battery technology GridBank™ coupled with its analytics capabilities.”

This is a first of a kind Energy Storage + Renewables Study for Africa and will be an indicator for the rest of Africa. Alevo, is a provider of energy storage is redefining energy as a developer, manufacturer and provider of grid-scale energy storage solutions featuring GridBank™ & Alevo Analytics. GridBank Lithium-Ion batteries feature a proprietary inorganic electrolyte (Alevolyte™), which is non-flammable and offers extreme long life and stability.

The firm’s vertically engineered turnkey energy storage solution can be placed anywhere on the electricity supply chain, to reduce energy waste, lower greenhouse gases and other emissions, create efficiencies and lower costs. Founded in 2009, Alevo is headquartered in Switzerland with GridBank manufacturing in the US.

Alevo Analytics provides advanced analytics and simulation capabilities, business intelligence and advisory services with a primary focus on the power and energy sectors as well as real time software solutions for SCADA, EMS and Analytics IQ databases. Alevo Analytics collaborates with customers to provide unique insights regarding where the deployment of distributed energy resources will yield the greatest benefits while demonstrating the efficiencies which can be realized across the electricity supply chain.

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Alevo is also set to hold an off Gird Solar & Energy Storage Congress in Africa focusing on energy storage market in Africa region. The event will take place in Nairobi, Kenya, on June 27-28, 2017. As one of the emerging markets, energy storage market in Africa, especially Kenya, Tanzania, Nigeria, South Africa, Uganda, Rwanda has attracted more and more concerns.

Confirmed Participants include Government & Agencies, Power Utilities, Energy Developers, Off Grid Companies, EPC Contractors, Financers & Investor and Industry Leaders .