Electricity Exchange has today (17 December) launched its rebrand to Viotas. The smart grid technology company will be extending its services to commercial and industrial clients in Australia in early 2021, where it opened its first international office in Melbourne earlier this year.
Viotas is set to hire at its headquarters in Limerick to fuel its ongoing expansion. Having already doubled its headcount since the start of 2020, it will recruit 60 new people over the next three years. A small number of positions will also open up in Dublin.
Vacancies will include roles in software development, electrical engineering, shift operations, sales and support.
Expansion at Viotas
Founded in Limerick in 2013 by Paddy Finn and Duncan O’Toole as a joint venture with Bord Na Móna, the firm has been facilitating customer transitions to renewable energy ever since. Its technology allows clients to integrate renewable energy sources and to pool additional electricity loads through a power system operator.
More recently, the company developed technologies for grid-scale battery storage and windfarm management. It also acts as a key demand-response and frequency-response service for EirGrid. Its rebrand is based on the Latin word for ‘via’, which means ‘to conduct’, combined with the original name of its flagship technology, Iotas.
Its grid-balancing capabilities are comparable in size to Ireland’s largest peat-fuelled power plant, according to its website, which says: “As this is delivered through the aggregation of flexible electricity customers, it was built without pouring an ounce of concrete or erecting a single pylon.”
Viotas currently employs 50 people across Limerick, Dublin and Melbourne. It plans for further global expansion beyond Australia in the future.
Moving closer to a low-carbon future
Commenting on the jobs news, Minister for the Environment, Climate and Communications, Eamon Ryan, TD, said: “Creating a low-carbon future is crucial not only for Ireland but for the global community.
“It is encouraging to see an Irish company like Viotas creating innovative ways to lower our carbon footprint while increasing employment in the renewable energy sector in Ireland and assisting other countries to further facilitate the use of renewable energy.”
Finn, the company’s CEO and CTO in addition to being a co-founder, added: “Our services are underpinned by our best-in-class technology that is designed from the ground up to meet the challenges associated with integrating increasing amounts of renewable energy onto the power system.”
To stay up to date on jobs news at Viotas, keep an eye on its website here.
Updated, 10.37am, Thursday 17 December: Viotas provided Siliconrepublic.com with additional information on its office locations.
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