Mylight150 provides advanced solar energy solutions, including high-efficiency photovoltaic panels and a virtual battery system, enabling households to generate and store their own electricity. This technology reduces reliance on traditional energy sources and significantly lowers energy bills by maximizing solar energy utilization.
Funding
$108.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Households face rising energy costs and seek greater control over their electricity supply, but traditional solar energy systems often have limitations in storing and utilizing excess energy, leading to reliance on the grid. Existing physical battery solutions can be expensive and have limited lifespans.
Solution
Mylight150 offers a comprehensive solar energy solution that enables households to maximize self-consumption of solar power and reduce dependence on the grid. The system combines high-efficiency photovoltaic panels with a "virtual battery" system, allowing users to store excess solar energy in the cloud and draw upon it when needed, even when the sun isn't shining. This approach optimizes energy usage, lowers electricity bills, and promotes energy independence. The system also includes smart home integration to optimize energy consumption of devices like heat pumps.
Target Audience
The primary target audience is homeowners seeking to reduce their energy bills, increase their energy independence, and adopt sustainable energy solutions. Mylight150 also targets professional installers looking for a comprehensive and high-performance solar energy ecosystem to offer their clients.
Features
- High-efficiency photovoltaic panels designed to maximize energy production
- MySmartBattery virtual battery system for storing and accessing excess solar energy
- Mobile app for monitoring energy production, consumption, and virtual battery status
- Smart home integration with MySmartHeating to optimize heat pump energy usage
- Real-time energy consumption data and analytics
- Remote monitoring and maintenance support