Independent Power Producers and Energy Traders
Company Overview of Intelligent Energy Limited
Intelligent Energy Limited operates as a power technology company that develops fuel cell and hydrogen generation technologies. The company also provides systems design and integration services. It serves aerospace and defense, distributed generation and portable power, oil and gas, and motive power markets. The company has strategic alliances with Scottish & Southern Energy plc, and The Suzuki Motor Corporation. Intelligent Energy Limited was founded in 2001 and is based in Loughborough, United Kingdom.
Loughborough, LE11 3GB
Founded in 2001
Key Executives for Intelligent Energy Limited
Chief Executive Officer and Executive Director
Chief Financial Officer and Executive Director
Managing Director of Automotive Division
Managing Director of Consumer Electronics Division
Compensation as of Fiscal Year 2013.
Intelligent Energy Limited Key Developments
Intelligent Energy Launches Upp(TM)
Nov 12 13
Intelligent Energy launched Upp (TM) a personal energy device, to charge and power USB-compatible portable electronic devices, such as smartphones, feature phones, eReaders, tablets, portable gaming consoles, as well as digital cameras. With billions of USB devices used by consumers worldwide, Upp delivers at least one week of charge even to the most demanding, power-hungry smartphones. Building on innovative fuel cell technology, Intelligent Energy has chosen Africa to launch this empowering portable energy product, and will showcase the device at AfricaCom in Cape Town. With the ability to charge and power as fast as the mains, Upp helps to power mobile commerce and connectivity within the region. Upp provides instant energy on-the-go: so as long as user have fuel, user will have energy. Upp's Intelligent Auto Shutoff feature conserves energy and protects battery life of the electronic device it is charging. In addition, the Upp mobile app, which is free for both iOS and Android devices, provides predictive usage statistics as well as user profile information to enable better management of fuel levels. Upp-How it Works: The Upp fuel cell takes hydrogen provided by the Upp fuel cartridge and combines it with air to produce clean electricity with water vapour as a by-product. Users simply need to connect the fuel cell to a replaceable fuel cartridge to experience instant energy for their devices. In addition to the fuel cartridge being replaceable, Intelligent Energy has adopted a socially responsible approach to fuel replenishment, by enabling the reuse of each cartridge multiple times. Upp-Availability: Mobile phone subscriptions have risen to 475 million from 90 million in sub-Saharan Africa within the past seven years and worldwide the number of subscriptions has passed 6.5 billion. Launched at AfricaCom 2013, Upp is designed from the ground up to address the needs of global consumers who rely on their mobile devices for productivity, leisure and livelihood and will be initially rolled out in December 2013. Upp App: Upp also comes with an app, which provides users with fuel prediction capability, personal usage statistics, FAQs and overall customer support. It can be downloaded from the Apple App Store (iOS 5 and higher) or from Google play for Android devices (Android 4.0 Ice Cream Sandwich and higher).
Intelligent Energy Raises $51 Million in Private Offering
Oct 17 13
Intelligent Energy Limited has raised $51 million in a private offering transaction. Intelligent Energy intends to use the capital to fund and enable the commercial launch of the consumer electronics division, stationary power division and maintain and fund an expansion of core research and development activities. In addition, the company also intends to use the funds to develop further management risk control systems.
Intelligent Energy and Microqual Techno Pvt. Ltd. Sign Telecoms Collaboration Agreement
Jun 11 13
Intelligent Energy Limited and Microqual Techno Limited announced that they have signed a Memorandum of Understanding (MoU) to establish a partnership to provide telecoms infrastructure using equipment mounted on existing power transmission towers in India. Microqual has exclusive rights from Power Grid Corporation of India Limited and other state transmission companies to use their transmission tower infrastructure in Punjab, Rajasthan, Himachal Pradesh and Jammu and Kashmir - across a total of 85,000 towers. Telecoms equipment will be fitted to the transmission towers, a practice already widely adopted in other parts of the world. Based on its unique efficient power technology portfolio, Intelligent Energy will provide power to the equipment mounted on these towers. With the telecoms industry's growth focus in rural areas, this agreement between Microqual and Intelligent Energy to make use of the existing power grid infrastructure will significantly reduce the cost and set-up time of new telecoms sites. The partnership between Microqual and Intelligent Energy provides immediate access to approximately 85,000 towers and targets a pan-Indian presence in the next 12 months. The companies plan to work with telecoms operators to map their expansion plans to the geographies where the transmission towers presently exist. Telecoms companies can now look again at their expansion plans as using power transmission towers substantially reduces set-up costs with a much reduced start-up time when compared to conventional methods of installing towers from the ground up.
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October 17, 2013