Energy major AGL will invest $150 million for a 20% stake in smart energy platform Kaluza in a move the utility hopes will radically transform its retail operations and deliver significant savings.
AGL has announced a joint venture with the UK’s Ovo Energy for exclusive Australian rights to its Kaluza smart energy platform. The partnership comes at a time when grid stability is a hot topic and energy management systems are a key tool for owners of rooftop solar to optimise their investment.
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