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3ti Energy Hubs Ltd, a leader in smart EV charging infrastructure, has completed a multimillion-pound divestment of its solar car park construction division to Phoenix Renewables Limited, trading as egg. This strategic move allows 3ti to focus on scaling its award-winning Papilio3 technology, a revolutionary solar-powered EV charging hub, to accelerate the UK’s transition to electric vehicles.
Key Highlights
- Strategic divestment enables 3ti to prioritize Papilio3 development.
- Papilio3 technology installs 12 EV charge points in one day.
- Partnership with egg ensures continued service for solar car park clients.
- egg’s advanced software streamlines solar car park project delivery.
- Transaction includes intellectual property and skilled employees.
Advancing EV Infrastructure
The divestment aligns with 3ti’s mission to provide accessible and reliable EV charging solutions. By transferring its solar car park division, 3ti can channel resources into its Papilio3 Smart Solar EV Charging Hub, which integrates solar power, battery storage, and EV charging. This technology, built around upcycled shipping containers with 19.3kWp of solar capacity, requires minimal groundworks, making it ideal for rapid deployment at workplaces, fleets, and destination locations.
Papilio3’s Market Impact
The Papilio3 has already gained traction, with installations at high-profile sites like Silverstone Circuits, NHS hospitals, and UK police forces. Its ability to install 12 charge points in a single day without new grid connections reduces costs and grid dependency, offering businesses complete control over their charging infrastructure. This innovation positions 3ti as a leader in the rapidly expanding EV charging market.
Egg’s Role in Solar Car Parks
Phoenix Renewables, trading as egg, brings expertise backed by Liberty Global Europe. Their advanced software enables quick design of solar car park layouts, calculating energy generation and CO₂ savings. This acquisition includes 3ti’s enterprise opportunities, intellectual property, and three skilled employees, ensuring continuity for clients. Egg’s financing solutions further simplify project delivery.
Commitment to Sustainability
As a certified B Corporation with a B Impact score of 98.9, 3ti remains dedicated to sustainable innovation. The company’s motto, “Leave Something Better Behind®”, reflects its commitment to future generations. With over 20 GWh of clean electricity generated by its solar car park portfolio, 3ti continues to drive the clean energy revolution.
Future Growth
The partnership with egg ensures complementary technologies continue to serve clients, while 3ti focuses on scaling Papilio3. This divestment marks a pivotal moment for 3ti, strengthening its position in the EV charging sector. For more information, visit 3ti’s website.
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