Endua founder and CEO Paul Sernia. Image Credits:<\/strong> Endua<\/p>\n<\/div>\n

Sernia said Endua\u2019s power banks are designed to integrate with existing energy systems, including renewable energy sources like solar panels and wind turbines, to capture excess energy. This helps ensure customers have a continuous power supply.<\/p>\n

Endua will use its new capital to scale its pilot systems and on hiring over the next 18 months. In addition to its funding, Endua has also received a total of $4.3 million in grands, including the Entrepreneurs\u2019 Programme Accelerating Commercialisation Grant, the Cooperative Research Centres Project and the Advanced Manufacturing Growth Centre Grant. All of its products are manufactured in Australia and it is currently establishing manufacturing facilities in Queensland.<\/p>\n

In a statement about the funding, Ampol managing director Matthew Halliday said, \u201cEndua\u2019s technology lays the foundation for off-grid and diesel energy users to meet decarbonisation commitments and become self-sustaining. We look forward to working with customers as the technology is scaled to further explore applications across our economy.\u201d<\/p>\n<\/p><\/div>\n

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