Startup Profile
The problem we're solving
The fast adoption of residential solar systems in Australia, has lead to new regulations. The new regulations limit the amunt of energy that can be exported to the grid, impacting the repayment period of the solar investment and increasing the amount of solar energy waste.
Our solution
Paradigm Power uses the excess of solar generation to power up a 100% carbon free distributed data center that offers cloud services to companies as an strategy to offset their emission scopes 1, 2 and 3.
Our differentiator
Paradigm Power's solution offers a new and unique approach to the excess of residential solar generation by not requiring a change of behaviour in the energy usage of the household. In addition, Paradigm Power is the only company targeting the residential solar waste as an asset, making their solution a leading solution in the excess-to-data space.
Biggest achievement
Paradigm Power has sucessfuly developed and deploy their proof-of-concept unit. This PoC is operational, using excess of energy produced by a residential solar system to participate in a decentralized computing system and reporting real-time data to a monitoring dashboard.