News Formal

Irish smart energy firm in €10m bid to target Australian market | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Irish smart energy firm in €10m bid to target Australian market

Michael Phelan, founder and chief executive of GridBeyond: ‘Australia is one of the most volatile markets in the world in terms of price swings, so we can capitalise on this by helping to flatten the curve.’ Picture: Fergal Phillips

GridBeyond, an Irish smart energy company, is investing up to €10 million to enter the Australian market. The business, which doubled its revenues last year to around €25 million, believes there are “huge opportunities” in Australia, the fifth country it has entered after Ireland, Britain, the US and Japan.

Founded in 2007 by Michael Phelan, its chief executive, GridBeyond works with grid operators to help large, industrialised energy users reduce their power consumption...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Irish lamb and sheep meat to have full access to US market under new agreementMcConalogue to lead major agri-food trade mission to United States this week And Ireland didn’t even need to leave the EU …..imagine that! brexit
Source: IrishTimes - 🏆 3. / 98 Read more »