Apr 24, 2017 23:00 JST

Source: TEPCO

TEPCO: Free Electrons Announces Cohort of 12 Energy Startups
Energy startups across eight countries are changing the energy systems of tomorrow

TOKYO, Apr 24, 2017 - (JCN Newswire) - Tokyo Electric Power Company Holdings, Inc. (TEPCO) has announced that Free Electrons, a global accelerator program for innovative energy-related startups, selected its first cohort of 12 innovative energy startups, selected from 450 applications across 51 countries.

This exclusive list of startups is disrupting their respective energy sectors including grid operations, renewable energy, electric vehicles and home energy management. Free Electrons is a platform to propel their solutions to the global stage with the support of eight international utilities: TEPCO, AusNet Services, Dubai Electricity and Water Authority, Electricity Supply Board, Energias de Portugal, innogy, Origin Energy, and Singapore Power. Startups will have the opportunity to immerse themselves in local ecosystems delivered through three uniquely structured week-long modules in Silicon Valley, Lisbon, Dublin and Singapore.

Free Electrons 2017 Cohort --

Smart Grid:
1. DEPsys
2. DataGlen Technologies
3. Greencom Networks

E-Mobility:
1. Driivz

Clean Energy:
1. BeON
2. HST Solar
3. EthosGen

Energy Management:
1. climote
2. OhmConnect
3. Simple Energy
4. Tempus Energy

Cyber Security:
1. Aperio Systems

This program is designed for startups to further refine their products and services, with the potential of testing, developing and offering them into a global customer base of 73 million. These international industry leaders will offer expertise, resources and access to their respective customer bases in exchange for investment and partnership opportunities.

Please visit: "TEPCO and seven international utilities launch a global accelerator program to support innovative energy-related startups", Jan 10, 2017. http://www.tepco.co.jp/en/announcements/2017/1359551_10494.html.

About Tokyo Electric Power Company Holdings, Inc.

Tokyo Electric Power Company Holdings, Inc. (TEPCO; TSE:9501), headquartered in Tokyo, Japan, is the largest utility in Japan serving more than 29 million homes and businesses. Worldwide the company has more than 74 subsidiaries and affiliates in 8 countries and employs approximately 43,330 people. Operating Revenues for the fiscal year ending March 31, 2016, totaled 6.1 trillion Japanese yen. The company was established in 1951 and is listed on the First Section of the Tokyo Stock Exchange. For more information, visit http://www.tepco.co.jp/en/corpinfo/index-e.html.

About Free Electrons

Free Electrons is the global energy startup accelerator program that connects the world's most promising startups with leading utility companies. Free Electrons is backed by an international alliance of utilities and accelerators: AusNet Services, Dubai Electricity and Water Authority (DEWA), ESB (Electricity Supply Board), EDP (Energias de Portugal), innogy, Origin Energy, Singapore Power (SP) and Tokyo Electric Power Company (TEPCO), with the support of accelerator partners New Energy Nexus, swissnex San Francisco, Energy Excelerator, Powerhouse and Beta-i. Please visit www.freelectrons.co.


Source: TEPCO
Sectors: Energy, Alternatives, Alternative Energy, PE, VC & Alternatives, Digitalization

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