Ecolog signs MOU with Centre of Organic Electronics for low-cost solar energy solution
ECOLOG International and the Centre for Organic Electronics at the University of Newcastle in Australia signed a strategic Memorandum of Understanding to commercialize its revolutionary low-cost, lightweight and highly portable solar energy solution.
With rapid manufacturing, inexpensive replacement, ease of integration into structural materials, buildings, combat ensembles, temporary facilities, vehicles or as retractable solar fields, the Ecolog Energy Solution will unlock potential in a wide range of applications across energy, defense, humanitarian and commercial sectors. The solution also reduces the need for generators or battery airlifting in remote operations.
Unlike most de-centralized energy infrastructure,which require considerable upfront investment, this energy-as-a-service (EaaS) solution by Ecolog is set to disrupt the energy business model and allows substantial growth in consumer base. Users could sign onto the Ecolog Energy Solution platform, where they determine their energy needs, customize the plan, pay a monthly service fee and power up. They do not need to pay for the infrastructure, equipment, installation, or even repair and replacement.
According to Ali Vezvaei, Group CEO of Ecolog International, "Energy plays a pivotal role in our lives. This revolutionary technology is going to change the relationship between people and energy. Whether printing energy for remote operations or peacekeeping missions or powering up consumers in developing countries, we are about to redefine the boundaries of what is possible."