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Qbots Energy Ltd (Q Energy)
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Details
Legal residence:UK
Organization type:Supplier / manufacturer
Funding agencies: Other, Horizon Europe (2021 - 2027)
Sectors: Electrical Engineering, Energy, Information & Communication Technology
Nr. of employees:11-50
Status:
Active
About
Q Energy was founded by Dr. Li Yao and Vijay Natarajan, two visionary individuals driven by a shared mission to revolutionise the energy industry through the power of IoT and AI technologies. With a combined experience of nearly four years at Sparta Digital, an IoT solutions company in Manchester, Dr. Li Yao, as an investor and CTO, and Vijay Natarajan, as the marketing director, successfully built a thriving business. However, they felt compelled to create a specialised product within the energy sector, capitalising on their extensive knowledge and industry connections in the UK, EU, and Chinese markets.
At Q Energy, we recognise the pressing challenges faced by the energy industry, particularly in the UK. Presently, a mere 45% of the electricity bill in the UK can be attributed to actual energy costs, while the remainder consists of various charges associated with energy usage and government levies aimed at maintaining network stability. As the country endeavors to meet its decarbonisation targets, these challenges are expected to escalate, further compounded by the growth of renewables, electric vehicles, and electric heating. This multifaceted issue is not unique to the UK but is being actively addressed by countries worldwide, including the US, UK, Australia, and several nations in Western Europe.
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