Solar tech company Enteligent selected for ESG Impact 2023 program

enteligent

Enteligent, a developer of solar power optimization and electric vehicle solar charging technologies, is one of 12 global emerging technology companies out of 300 submissions (and only one of 3 U.S. companies) to be selected for the ESG Impact 2023 program operated by RealTechX (the programs arm of global real estate asset investor Taronga Ventures).

This recognition was primarily attributed to Enteligent’s whole-systems approach, specifically designed to optimize solar energy efficiency.

In RealTechX’s fifth program, ESG Impact in 2023 pinpoints emerging technology companies that can achieve sustained growth and scale through deep partner collaboration, mentoring, and investment opportunities. It aims to maximize their environmental, social and corporate governance (ESG) impacts. It is backed by nine global real asset corporates, including APG, CapitaLand, CBRE, Dexus, International Towers, ISPT, Ivanhoé Cambridge, PGIM Real Estate and Vicinity Centres. Taronga Ventures is one of the world’s leading technology investors focused on driving innovation across real asset sectors such as real estate and infrastructure.

“Enteligent was selected because they have a clear product-market fit and a well-rounded executive team that has consistently shown they know how to execute on their vision,” said Julian Kezelman, Innovation Director at Taronga Ventures. “Our partners have expressed an increased interest in rooftop solar installations and EV parking lot chargers, in particular for retail and industrial assets, and Enteligent’s ability to develop two products that are leading the industry in maximizing solar energy efficiency was a key factor in our selection.”

Enteligent’s Hybrid DC Bi-Directional Fast EV Charger can supply 25 KW of fast DC-DC solar charging three times faster than AC Level 2 EV chargers, and its convenient design means companies can easily integrate EV charging into their parking structures.

The EV chargers could play an essential role in corporate ESG missions because they facilitate convenient and affordable daytime charging direct from on-site solar generation, fostering a fundamental shift in energy consumption habits so solar power is leveraged when it is locally generated and readily available. 

For corporations working to integrate rooftop solar installations into their energy supply, the Enteligent NMax Rapid Shutdown Device with Optimization dynamically switches in and out of optimization mode when required, resulting in an average of 10% higher electricity yield from a typical rooftop solar installation.  By offering the technology at a competitive price point without requiring a proprietary communications network, Enteligent has leveled the playing field, providing large corporations with more options when choosing a solar provider.  

Enteligent CEO Sean Burke said: “Enteligent offers two solutions that will help large corporations reduce their reliance on fossil fuels, helping them lower their utility bills and help incentivize employees to make a shift towards green EV alternatives. ESG strategies are an important tool for the private sector to make sure they contribute to the global fight against climate change, and both of Enteligent’s core products will help them meet their sustainability goals.” 

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