Smart home and energy storage company Savant Systems has acquired POMCube, a solar battery and inverter company.
“As part of our vision to create brighter lives and a more sustainable world, we’re continually looking to improve energy efficiency and independence on the path to net zero,” said Bob Madonna, Savant Systems CEO. “No home can be truly intelligent without smart power and by bolstering our energy technology portfolio we have taken another important step toward our goal of making every home smart.”
For nearly 10 years, POMCube has been developing and deploying energy storage systems (ESS) throughout North America and Asia. Moving forward, POMCube will function under the Savant brand and management.
“We’re excited to become part of the Savant Systems family and join their renowned culture of tech innovation,” said Andy Li, POMCube Founder. “From day one we set out to speed up the energy transition with a state-of-the-art inverter and battery technology, and now as part of Savant we can broaden our reach to make a greater impact.”
Savant will enhance its current power system with its newly acquired technology. Featuring a scalable inverter from 7.5 kW to 125 kW with battery storage scaling from 10 kWh to 200 kWh of LFP batteries, the Savant Power System can provide back up power to any size home for days.
The complete Savant Power System and components are eligible for tax credits, as well as other government subsidies via the Inflation Reduction Act (IRA). Savant is currently investigating opportunities under current government programs to manufacture Savant inverters and backup batteries domestically within the United States.
News item from Savant
