Allye

Allye is a Renewable Energy and Energy Storage startup, founded in 2023 and headquartered in the United Kingdom. The company's slogan "An energy ally to the grid, consumers and the planet" encapsulates its mission to provide distributed energy storage at the grid edge, offering collective flexibility to the electricity network. This innovative approach is designed to accelerate the decarbonization of the grid while significantly reducing energy costs for industrial, commercial, and residential customers by up to 50%. Allye distinguishes itself with smartly designed energy storage systems that reimagine the way batteries are connected, distributed, and utilized. These batteries are flexible, modular, and self-learning, intelligently managed via the cloud to maximize cycle life and arbitrage on electricity prices. The use of digital twins, machine learning, and AI enables optimization of behavior and performance as a collective of assets, delivering benefits at both individual and system levels within the energy network. The company recently secured a £900.00K Seed Round investment on 10 July 2023, with participation from Elbow Beach Capital and Alpha Future Funds, positioning Allye for future growth and development. With its innovative technology and strategic partnerships, Allye is poised to play a significant role in shaping the future of the energy storage industry.