April 25, 2024

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Ubiquitous Vitality Secures Strategic $8M Fairness Investment from ENEOS Holdings

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REDWOOD Town, Calif.–(Business enterprise WIRE)–Ubiquitous Vitality, the chief in truly clear photo voltaic strength technologies, has secured a strategic equity investment decision of $8M from ENEOS Holdings, 1 of the most popular and comprehensive power, means, and products providers in Asia. The investment from ENEOS represents an initial near of Ubiquitous Energy’s Series B financing round and will support assistance the company’s go-to-industry system and output endeavours — assisting to provide its UE Power™ window products to industry in the US and internationally.

There is a solid strategic alignment and synergy between Ubiquitous Electricity and ENEOS. UE is centered on producing new techniques to minimize humanity’s carbon footprint by seamlessly integrating solar technology into everyday products and solutions and surfaces, with no aesthetic compromises. ENEOS has a portfolio that cuts down carbon dioxide emissions and have begun investing significant resources at the rear of their intelligent town and renewable power procedures. Doing work collectively they will pioneer the cultivation of an obtainable minimal-carbon and renewables-oriented modern society.

“We are really happy to announce our partnership with ENEOS. They share our dedication to powering the structures of the potential with renewable electricity and we appear ahead to a lengthy and fruitful partnership with the ENEOS group.”

— Ubiquitous Energy CEO Susan Stone

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About Ubiquitous Power

Ubiquitous Strength is the world leader in clear photovoltaics. Its award-profitable UE Power™ technological know-how is the world’s only really transparent solar merchandise. UE Power™ harvests photo voltaic vitality and serves as an invisible, onboard source of electrical power for a selection of end use products and solutions. The slim coating can be utilized to the floor of window glass to provide electrical energy era and power effectiveness when remaining visibly indistinguishable from the fully clear common windows on the sector these days. At first spun out of MIT, Ubiquitous Electrical power is now developing its remarkably transparent, productive solar cells and home windows in its output facility in Silicon Valley.

For a lot more data, pay a visit to www.ubiquitous.vitality or make contact with us as [email protected].

About ENEOS Holdings, Inc.

ENEOS Holdings, Inc. is a Japanese petroleum, oil & fuel exploration, and metals conglomerate, a detailed corporation on the initially section of Tokyo Stock Exchange in Japan.

ENEOS Group are engaged in companies these as not only oil, purely natural gasoline, copper and other non-ferrous metals, but also chemical compounds, recycling, electrical energy, and hydrogen.

ENEOS Group seeks to establish new organizations that are in line with the group’s “Long-Phrase Vision” through its Company Undertaking Cash arm, ENEOS IP (https://www.eneos-innovation.co.jp).

You can study a lot more at: https://www.hd.eneos.co.jp/english/company/technique/strategy.html

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