1st June, 2023

Polarium launches residential offering

Polarium, the leading energy storage developer, expands its operational strategy and launches a residential offering with the ambition to win in the consumer space with smart and compact energy storage solutions together with strategic partners. Polarium is joining forces with electricity company Tibber to launch a smart and user-friendly consumer battery – Homevolt.

Homevolt is the complete package: a high-quality consumer battery from Polarium, with all the brains from Tibber’s connected software that follows the market electricity prices hour by hour. Together, this makes for an unbeatable product that will revolutionize the energy storage market.

Homevolt combines cutting-edge battery technology with the latest energy-saving AI software. It’s the first battery that truly understands your home. Homevolt’s user-friendly interface gives consumers more control over their energy usage. It can lower costs and increase energy self-sufficiency for the user and contribute to stability and flexibility for the entire grid.

“I am incredibly proud that we together with Tibber are launching the world’s smartest and most user-friendly consumer battery. Adding to that, it’s developed with sustainability at heart. Energy storage is the missing link in the renewable energy system. Through Homevolt we will make energy storage solutions more accessible to residential homes and help households lower their energy costs, says Stefan Jansson, CEO, and co-founder of Polarium.

Lowering energy costs is on everyone’s mind. Electrification is putting immense pressure on electrical grids all over the world. As a result, prices are soaring. Building out production alone is, however, not enough for the transition to a more sustainable future. Households are facing challenges from heavily increased energy costs. In summary, consumers need an alternative, while our electric grids need flexibility – energy storage can help with both.

Homevolt is currently available for pre-order in Norway and Sweden. It will be available in Germany and the Netherlands at a later stage.

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