Alfen; Pioneers in Green Technology
5 min read 17 Nov 23
Why do we invest?
Alfen has been an innovator in the field of transformer substations, which convert bulk power (high voltage) to local power (lower voltage). The growing prevalence of intermittent, decentralised renewables in the grid is fuelling the need for its energy storage solutions, which allow power to be delivered at the same rate that it is consumed. And as more people make the switch to EVs, there will be increasing need for charging infrastructure at home and in the workplace.
What is their impact?
Alfen has developed a power distribution automation module that gives operators real-time insights into their grid, enabling optimal energy management. This helps operators to perform preventative maintenance, and to localise and fix problems in the event of a power outage. In its EV division, Alfen’s software gives charging points the ability to synchronise with the local grid – charging when electricity is abundant and reducing power at other times, to ensure demand does not outweigh supply. Alfen is in the unique position of offering integrated solutions across smart grid, EV charging and energy storage technology
1.6 million tonnes
Alfen’s clean energy products helped to avoid 1.6 million tonnes of CO2e emissions in 2021.
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*Source: M&G Climate Solutions Fund - Annual Climate Measurement Report 2023
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