Octopus Energy plans to create 1000 jobs for expansion of smart grid technology, renewable energy
Green energy provider Octopus Energy said it will add 1,000 new technology-focused jobs as part of a plan it said should “help make Britain the best place to invest in creating new clean electricity generation”.
The company, which is majority-owned by venture capital firm Octopus Group and has 1.7mln household energy customers, said it plans to double its existing workforce by the end of 2021.
A new Manchester-based technology centre will develop the “smart grid technologies required for a renewable system and the electrification of transport and heating”, with other tech jobs in London, Brighton, Warwick and Leicester.
The company, which in the summer agreed for Australia’s Origin Energy to invest £300mln for a 20% stake, specialises in providing energy using renewable sources.
Chief executive Greg Jackson said: “When Apple created the App Store, nobody knew that it would change the way we order food or transport forever.
“Through ‘Kraken’, our cloud-based energy platform, we’re revolutionising the energy industry in the same way, creating jobs not just through increased demand for affordable renewables, but by facilitating the development of new and emerging industries like electric vehicles, electric heating and vertical farming.
“Our technology is making the UK the Silicon Valley of energy, and along with a flourishing market, can help make Britain the best place to invest in creating new clean electricity generation.”
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/930643/octopusenergy-plans-to-create-1000-jobs-for-expansion-of-smart-grid-technology-renewable-energy-930643.html
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