MyNu Energy

MyNu Energy

Sustainable energy storage solutions using repurposed EV batteries, extending lifecycle and reducing landfill waste.

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Early VC
Total Funding000k
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MyNu Energy focuses on transforming the renewable energy landscape by repurposing electric vehicle (EV) batteries for sustainable energy storage solutions. As EV car sales surge, the company addresses the impending challenge of battery disposal by extending the lifecycle of these batteries by up to 10 years. This approach not only offers a better solution for businesses but also contributes positively to environmental sustainability. MyNu Energy's Battery Energy Storage Systems (BESS) provide a reliable and efficient alternative to traditional diesel generators, integrating seamlessly with existing infrastructure to deliver clean power on demand. The company rigorously tests all sourced EV batteries, ensuring safety and reliability, and employs a battery management system for 24-hour remote monitoring and safety controls. Operating primarily in the commercial sector, MyNu Energy serves businesses looking to replace diesel generators with a quieter, cleaner, and more efficient energy solution. The business model revolves around the acquisition, testing, and deployment of repurposed EV batteries, generating revenue through the sale and leasing of BESS units. By 2030, MyNu Energy aims to repurpose 10,000 batteries annually in Australia, tapping into a market with 2,500 MWh of usable EV batteries. Keywords: renewable energy, EV batteries, sustainability, energy storage, lifecycle extension, commercial solutions, battery management, diesel replacement, clean power, landfill reduction.

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