A Queensland company whose global award-winning and Arena-funded distributed energy optimisation technology underpinned Australia’s largest commercial solar and battery microgrid has been placed in liquidation.
Elexsys Energy, trading in Australia as Planet Ark Power, launched onto the scene in 2019 with plans to transform Australia’s legacy one-way grids into two-way renewable powered smart grids without the need to spend billions of dollars on infrastructure and equipment upgrades.
Instead, liquidator Travis Pullen from B&T Advisory was appointed by order of the Queensland Federal Court earlier this month, after an application to have Elexsys wound up was lodged by the Australian Taxation Office in May.
Co-founded by…
