Power Transition's History
Founded in 2018, Power Transition Ltd (“Power Transition”, “PT”) was developed by friends and colleagues who have known and worked together for some time, bringing together a deep industry knowledge and experience across the energy and software development industries. PT brings together a team with common goals: to develop sustainable business frameworks that generate profitable revenues whilst having positive social and environmental impact.
In early 2018 Power Transition raised seed funding which was match funded by Innovate UK; these funds were used to develop and deploy its technology at a 47-unit eco-home development in Corby, Northamptonshire. Following the success of this project, Power Transition now plans to roll out its platform beyond the microgrid use case and is in talks with numerous parties including commercial estates and local authorities, Distributed Network Operators, energy aggregators, and energy producers. Power Transition has spoken with the UK government about the potential use of its platform at national level.