GELI OPENS REGIONAL HQ IN MELBOURNE, AUSTRALIA TO SUPPORT GROWING PARTNERSHIPS

Melbourne, Australia (6 March 2017) – Geli, a San Francisco-based supplier of software and networking solutions for the energy storage industry, today announced the establishment of an office in Melbourne, Australia. In response to the growing demand for energy storage solutions, Geli has formed partnerships in Australia, launching first with national solar provider Energy Matters. Geli’s new technology collaborations and a growing team in Melbourne ensure the rapid deployment of intelligent energy storage solutions specific to Australia-New Zealand markets. Geli’s international expansion is supported by the Victorian Government’s New Energy Jobs Fund and a $3 Million USD investment from the Southern Cross Renewable Energy Fund, a co-investment arrangement between the Australian Renewable Energy Agency and Softbank China Venture Capital.

Geli and Energy Matters, a Flex business, were awarded an ACT Next Generation Energy Storage Grant in late 2016 for a Geli-enabled Tesla Powerwall battery solution. Geli’s ability to co-optimise solar self-consumption, time-of-use shifting, and the delivery of grid services maximises the value of the Tesla Powerwall, providing tremendous benefits to homeowners, energy providers, and distribution operators. In 2017, Geli and Energy Matters will expand their sales outside of the ACT with multiple battery and inverter solutions.

“The energy management space is growing very fast and we are keen to leverage Geli’s platform to accelerate adoption of storage in the residential and commercial space. The experience they bring from having deployed such solutions in other markets will definitely give confidence to our clients,” said Wilf Johnston, Managing Director of Flex Australia.

The Victorian Government has been working closely with Geli to secure its new headquarters in Victoria, and has provided funding support through the $20 million New Energy Jobs Fund.

“Choosing Melbourne as their Australian New Zealand HQ, Geli joins a growing list of tech leaders that are investing in Victoria and strengthening our reputation as the country’s number one destination to do business,” said Philip Dalidakis, the Minister for Small Business, Innovation and Trade.

“Renewable energy is vital to Victoria’s energy future and Geli’s industry leading software has the capacity to simplify and accelerate the uptake of renewables,” said Lily D’Ambrosio, the Minister for Energy, Environment and Climate Change. “The Andrews Labor Government will continue to pursue investment from the world’s top tech companies to help foster innovation and drive high-skill jobs across the state to further boost our position as a leading centre for renewable energy technologies.”

Changing incentives for solar PV and grid modernisation goals have motivated the rapid development of energy storage solutions in Australia. Geli’s battery automation and management software provides the system intelligence and controls required to maximise the value of customers’ solar systems and deliver key grid services.

“Geli has an incredible team dedicated to bringing advanced storage solutions to Australia,” said Geli CEO, Dan Loflin. “From retailers to hardware providers, we look forward to building deep and successful partnerships in Australia and New Zealand.”

About Energy Matters

Energy Matters, a Flex business, has been paving the way for renewable energy solutions in Australia since 2006 and has supported some of the most innovative solar and battery storage projects in the country. Energy Matters has installed over 23,000 solar power systems for councils, commercial and residential customers, becoming one of the most established solar providers in the industry.

Learn more at www.energymatters.com.au/geli