Allens has advised hydrogen energy storage solutions provider LAVO in relation to protecting its world-first technology, LAVO Hydrogen Energy Storage System (HESS), with a comprehensive IP strategy to position and protect LAVO as a market leader.
The LAVO HESS – which took three wins at Australia’s Good Design Awards and was showcased at the COP26 Climate Summit in Glasgow – is now being commercialised in a world-first first hydrogen energy storage system for everyday use. It integrates with rooftop solar to capture and store renewable energy as hydrogen to be converted to electricity on demand.
Developed by leading researchers at UNSW and backed by Providence Asset Group, LAVO estimates the addressable market for its technology as $2 billion in Australia and $40 billion globally. It hopes to create 1,400 Australian jobs by 2025.
LAVO is an Australian technology and lifestyle company powered by hydrogen.
The Allens’ team was led by Partner Linda Govenlock (Picture) and included Joel Barrett (Partner), Kimberley Evans (Counsel), Robert Munro (Senior Associate), Cici Cui (Senior Associate), David Seeto (Associate).
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