Site icon knowledgenetworks.com

ISAB Energi pioneer in Sweden with intelligent Xolta batteries

ISAB Energi will be the first in Sweden to introduce Xolta’s intelligent battery storage solutions for buildings equipped with solar panels. These unique solutions come from the Danish battery manufacturer Xolta.
Xolta’s batteries use machine learning, a cornerstone of artificial intelligence (AI), to analyze weather forecasts, electricity prices and historical electricity consumption to optimize electricity use and reduce electricity costs. It is the purpose-driven investment fund Ebbefos, which is the driving force behind Xolta, a fund that invests in companies that do something good for the world. “Xolta has the leading technology for intelligent batteries. This is a market that is growing at record speed and where we have a huge potential to take large shares. In that, Sweden becomes an important market for us, and from our market evaluations so far we have learned that there is a great need in the market,” says Lars Kruse, CEO at Xolta. ISAB Energi takes this a step further by giving Xolta’s intelligent batteries access to the Swedish market. These batteries are set apart from the crowd by software that uses machine learning to minimize electricity costs and maximize efficiency. These advanced devices determine when to charge, maintain charge or discharge to provide the best possible economy based on weather forecasts, electricity price and past energy usage. “We are very happy about this collaboration and being able to take Xolta’s batteries to Sweden together. It’s absolutely the right time now, and everyone in the organization thinks these are absolutely outstanding products. When the Swedish market is now starting to take off, it is important to take advantage of the opportunity,” says Jonas Nilsson at ISAB Energi. Not only do these batteries provide tremendous efficiency and savings for homeowners, apartment buildings and businesses, they also help balance the power grid by reducing power peaks. Xolta’s larger batteries, with capacities between 80 and 2000 kilowatt hours, are used for this purpose in Denmark, Australia and Germany through the EU project The Smart Island Energy System. Xolta’s intelligent batteries have capacities of 5 and 10 kilowatt hours and can be connected directly to the power station, independent of solar cells, which makes them suitable for all types of solar systems. The batteries can also be connected in parallel for higher capacity, which is particularly useful for smaller condominium associations. Xolta’s unique technology has the potential to transform energy consumption for homeowners, housing associations, businesses and the energy sector, enabling them to save on electricity bills, reduce dependence on the grid, and at the same time become more sustainable. The use of these batteries will help reduce the customer’s carbon footprint and increase the green footprint, making Xolta an attractive investment for those who want to become almost self-sufficient with continuous energy.

Anton Kovačić Administrator

A professional writer by day, a tech-nerd by night, with a love for all things money.

follow me
Exit mobile version