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Honolulu, Hawaii–(Newsfile Corp. – December 2, 2022) – Holu Hou Power is proud to launch a brand new photo voltaic vitality storage system designed to share extra vitality with networked models of multi-dwelling models within the California market. Utilizing superior management know-how, the answer can enhance using photo voltaic vitality and thereby decrease the barrier to mainstream adoption of photo voltaic know-how.
Holu Hou Power piloted and proved the idea labored in Hawaii and now sees the California market as bigger and higher positioned to make use of the know-how. The vitality Solar Energy Storage System is licensed and assured as an built-in product, and it features a modular vitality controller that improves stability, reliability, security, and efficiency. It does this by sharing energy on the direct present degree (DC) which brings down {hardware} prices and improves compatibility between residences. By sharing vitality on this means residents can save quite a bit on vitality prices whereas getting extra dependable inexperienced vitality on the identical time.
Holu Hou Power Photo voltaic Power Storage System for Multi-Dwelling Items
The answer additionally permits condo constructing homeowners to supply ‘vitality as a service’ to their tenants, an association set to revolutionize California’s actual property market. The goal market contains residential and industrial PV builders, multi-dwelling unit builders and property managers, householders associations, authorities property managers, industrial property homeowners and managers, and non-profit organizations.
As an organization, Holu Hou Power is a majority-owned subsidiary of Borqs Applied sciences Inc. (NASDAQ: BRQS). In June of this yr, Borqs introduced that it had obtained strategic funding of $16 million for the expansion of its photo voltaic plus vitality storage enterprise, HHE. The funds had been raised for use primarily for the enlargement of photo voltaic subsidiary HHE’s enterprise within the mainland US, beginning in California. That is particularly necessary for low-income housing, rental models, and properties managed by householders associations that each one face distinctive financial challenges. EnergyShare, the flagship product, permits extra vitality to be despatched to cost, with much less battery to put in.
Holu Hou Power President Ted Peck and CEO Brad Hansen convey greater than 55 years of senior management and engineering expertise to the desk in public sector and personal firm settings, together with worldwide careers in Boeing, Utilized Supplies, and the US Navy. By way of their collective expertise within the fields of energy electronics, vitality storage, semiconductors and photo voltaic vitality, and Hawaii’s Clear Power Initiative, this world-class group now provides a brand new perspective on photo voltaic vitality by means of their modern product that rely to provide. superior efficiency, security and reliability amongst others in America, and at last – on the earth.
Ted Peck ~ President and Brad Hansen ~ CEO
About Holu Hou Power
Holu Hou Power
Holu Hou Power, LLC, a Delaware Company, brings state-of-the-art renewable vitality and vitality storage techniques to the single-family residential, multi-dwelling unit residential and industrial constructing markets. With operations in California, Hawaii, Wisconsin, and Shanghai, Holu Hou Power engineers Energy Storage System and management platform options, together with a breakthrough “HHE Power Share” know-how that’s key to -development of the multi-dwelling unit housing market.
To study extra in regards to the firm go to www.holuhou.com.
Contact
Brad Hansen
CEO
[email protected]
+1 650.421.5391
To view the unique model of this press launch, please go to https://www.newsfilecorp.com/launch/146558
