Category: Energy Distribution & Storage

Funding Stage: Early stage

Country: Israel

Award: Finalist

The Global Integrated Manufacturing Specialists

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Volex enables the power grid to achieve a 100% penetration of renewable energy, through real-time localized volt stabilization. The start-up is developing an add-on hardware unit that can be fitted to existing distribution power transformers. The add-on unit allows for the real-time voltage control of the output of the distribution transformer. The company’s potential customers are power utilities.