powervault

OverviewSuggest Edit

Powervault is an award winning, patent-pending, home energy storage system Powervault has developed the UK’s most affordable and easiest to install home energy storage device, which can lower consumer electricity bills and provide emergency power to critical devices. In its initial market application the product stores ‘free’ electricity generated by solar panels during the day, then releases the stored energy during the evening when household demand peaks, delivering a 20% reduction on electricity bills. Our ‘emergency power socket’ enables customers to use their stored energy during black-outs, an issue for over 1 million UK customers per year. The initial addressable UK market of 1m solar PV owners is about to expand rapidly as regulation drives the roll out of smart meters enabling ‘smart tariffs’. This will allow any of the 26m UK homes to benefit from storing electricity when it is cheap to use at expensive ‘peak’ times.
TypePrivate
Founded2012
HQLondon, GB
Websitepowervault.co.uk
Employee Ratings3.3

Latest Updates

Employees (est.) (Jun 2022)35(-10%)
Cybersecurity ratingCMore
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Key People/Management at powervault

Mark Ansell

Mark Ansell

Non Executive Chairman
Joe Warren

Joe Warren

Managing Director
Mark Shaw

Mark Shaw

Operations Director
Sean Scharffenorth

Sean Scharffenorth

Technical Director
Duncan Perritt

Duncan Perritt

Finance Director
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powervault Office Locations

powervault has an office in London
London, GB (HQ)
105 Sumner St
London, GB
25 Lavington St
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powervault Financials and Metrics

Summary Metrics

Founding Date

2012

powervault total Funding

$1.9 m

powervault latest funding size

$1.1 m

Time since last funding

5 years ago
powervault's latest funding round in July 2017 was reported to be $1.1 m. In total, powervault has raised $1.9 m
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powervault Revenue

Cash (30-Sept-2018)

29.8k
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.6k518.2k1.2m1.4m29.8k

Accounts Receivable

5.2k49.5k140.5k104.5k315.9k

Inventories

2.8k67.1k87.1k400.2k629.9k

Current Assets

11.5k634.8k1.6m2.3m2.0m
FY, 2014

Financial Leverage

-0.3 x
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powervault Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

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powervault Online and Social Media Presence

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powervault News and Updates

Dell announces updated PowerVault ME5 storage arrays for smaller businesses

Dell Technologies Inc. today announced an update to its lineup of PowerVault entry-level storage arrays. The new PowerVault ME5 systems are optimized for storage area networks and direct-attached storage and designed to address the needs of small and medium-sized businesses that are struggling to k…

powervault Blogs

Atlantic Racquet Centre Case Study – Powervault and GMEC

  The newly installed solar PV array at the Atlantic Racquet Centre The Atlantic Racquet Centre (ARC) is a new community racquets and fitness centre in Bideford, North Devon, where everyone can exercise, socialise and learn together. The centre is a volunteer led community business and charity focus…

Powervault and The world’s most environmentally friendly stadium digital platform

Forest Green Rovers, stadium specialists ADI and electricity storage innovators Powervault have collaborated on brand-new partnership will see the delivery of the world’s most environmentally friendly stadium digital platform at the innocent New Lawn. The platform will see the installation of the wo…

Powervault leads lobbying with the REA

At Powervault, we passionately believe that smart home energy storage is a key part of the solution to achieving the UK’s goal of Net Zero by 2050. Therefore, working with highly respected trade organisation, the Association for Renewable Energy and Clean Technology (REA), we are leading a lobbying …

Powervault announced Schneider Electric and Sustainable Ventures, Net Zero Home Programme Finalists

LONDON, UK – 3rd August 2020 –  Schneider Electric, the leader in the digital transformation of energy management and automation, and Sustainable Ventures, the UK’s leading cleantech hub, have named the finalists of their Net Zero Home Programme. The joint venture aims to find the most innovative ne…

EDF and Powervault win Western Power Distribution grid flexibility contract

Batteries installed in the South West region will help provide flexibility to the local distribution network Batteries will be optimised through EDF’s Powershift platform EDF has been awarded a contract by Western Power Distribution (WPD) to supply local grid flexibility services in the Bridgwater a…

Powervault: GreenTech Business Secures Investment to Power the Future

London based cleantech company Powervault has successfully secured an additional £2 million of funding to support its continuing innovation in the vital field of energy storage. This includes a £725,000 growth loan from the Greater London Investment Fund, managed by The FSE Group. We can’t control w…
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powervault Frequently Asked Questions

  • When was powervault founded?

    powervault was founded in 2012.

  • Who are powervault key executives?

    powervault's key executives are Mark Ansell, Joe Warren and Mark Shaw.

  • How many employees does powervault have?

    powervault has 35 employees.

  • Who are powervault competitors?

    Competitors of powervault include McPhy Energy, Nexus Energy and Nanjing GreatSolar PV Technology.

  • Where is powervault headquarters?

    powervault headquarters is located at 105 Sumner St, London.

  • Where are powervault offices?

    powervault has an office in London.

  • How many offices does powervault have?

    powervault has 2 offices.