CleanSpark launches mVoult as a more affordable home microgrid controller
CleanSpark is scaling its robust microgrid controller software to better serve the residential market with the launch of mVoult — a standalone energy management controller that is capable of directing the operations of both existing and new energy assets. mVoult will be offered as a smart controller and mobile app specifically designed for residential applications. The company also plans to launch a fully integrated mVoult branded battery energy storage and controls solution. The home power solution will enable the selection of optional add-ons such as solar integration or back-up generators. The systems are expected to continue to support the company’s energy and vendor agnostic solutions. CleanSpark’s residential microgrids will be capable of integrating into new or existing energy management assets or systems.
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CleanSpark’s smart controls technology has been used in commercial applications, as well as mission-critical military deployments for a number of years. There has been a significant increase in demand for such solutions from homeowners, especially in California and now possibly Texas, to add solar and storage solutions to provide backup power due to blackouts or utility outages due to wildfire risks and high electricity usage rates during heat waves.
More on CleanSpark … CleanSpark has already been offering mPulse to large and estate-sized residential microgrids. The launch of mVoult is expected to significantly expand the Company’s reach into the residential market and create a product that has the ability to help benefit homes of all sizes. CleanSpark has already created and staffed a direct-to-consumer sales division over the past 30 days to support the Company and its partners’ growth.
A home microgrid with a smart controller can provide significant flexibility in managing cost savings and resilience for the homeowner. With the expected expansion of government incentive programs under the Biden administration and the decreasing cost of energy assets, a home microgrid has become an even more viable option for homeowners to consider.
“This is not our first foray into residential energy systems, but the focus on revenue growth in the home microgrid solutions is expected to make significant contributions to the company’s revenue mix,” stated Zach Bradford, CleanSpark’s President and CEO.
CleanSpark expects to begin taking pre-orders for both the stand-alone controls and the fully integrated solution in April 2021. Installations of the solution are expected to begin summer 2021.
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