A California-based startup that harvests cheap abundant solar energy from the grid to power a single super efficient electric heat pump and water storage tank is one of six startups selected for EnergyLab’s new Climate Solutions Accelerator.
Harvest Thermal’s co-founder and chief executive officer, Jane Melia, has joined the Australian-based accelerator program with the intention of entering the Australian market.
The solution delivers cheap, clean and efficient home heating and hot water by controlling highly efficient heat pump and water storage systems with smart software that determines the cheapest, cleanest time to run these devices according to changing weather patterns and other factors.
For the US market, it’s delivering a 90 per cent lower carbon footprint compared to standard gas furnace and water heater and 20-40 per cent savings on heating and hot water costs.
Selected startups include Brisbane-based Bloom Impact Investing, a fintech startup making climate impact investing easy and accessible for Australians. The impact investment company is led by Camille Socquet-Clerc, who was previously working for Energy Labs as marketing manager.
Also on the line up is Carbon Asset Solutions, also based in Brisbane and chaired by Ian Jones, which uses a collection of technologies to capture, certify and sell soil-based carbon credits.
The other three founders are all Sydney based and include Skye Blackburn from Circle Harvest, which is farming crickets on a farm in Western Sydney and turning them into nutritious, sustainable food products.
Cameron Van Der Berg’s Infravision, which deploys drones for power line construction, will also join the program along with Ben Shepherd from Hygrid Energy, which provides control technology that’s effectively like an “engineer in a box” for managing renewable energy and battery storage assets.
“What we’ve seen over the years at EnergyLab is truly inspiring and demonstrates the talent and desire here in Australia for creating world-leading innovations,” chair of EnergyLab, Piers Grove, said.
“This program ensures that startups with world-class teams, products and vision get the support they need to take their solutions to a global market.”