Planet Ark Power > Frequently Asked Questions

Frequently Asked Questions

Change of name to eleXsys Group companies October 2019

What has changed?

GoZero Energy Pty Ltd trading as Planet Ark Power is a wholly owned member of the company group previously known as the Elevare Group.  In October 2019 the Board of Elevare Energy Holdings Pty Ltd, GoZero Energy Pty Ltd’s parent, resolved to change the names of the companies in the Group.  The group of companies are now known as the eleXsys Group.

The names of the companies in the eleXsys Group have been changed in accordance with the following table:

New Name Old Name ACN
New name:eleXsys Holdings Ltd Old name:Elevare Energy Holdings Pty Ltd ACN:160 907 746
New name:eleXsys R&D Pty Ltd Old name:Elevare Energy R&D Pty Ltd ACN:160 918 463
New name:eleXsys IP Pty Ltd Old name:Elevare Energy IP Pty Ltd ACN:160 918 598
New name:eleXsys Energy Pty Ltd (Planet Ark Power) Old name:GoZero Energy Pty Ltd (Planet Ark Power) ACN:160 084 195
New name:eleXsys Asset Management Pty Ltd Old name:GoZero Asset Management Pty Ltd ACN:606 456 455

There has been no change to shareholding or directorships for any company in the eleXsys Group.  The name change reflects the strategic vision of the company and its global expansion plans. The company will continue to trade as Planet Ark Power, having no impact on the ongoing relationships between our customers or suppliers.

Why "eleXsys Energy Pty Ltd": What does eleXsys mean?

The name change reflects the strategic vision of the company and its global expansion plans.

The name “eleXsys™” reflects Planet Ark Power’s technology which transforms rooftop solar into an investment grade asset, with innovations that increase bi-directional energy flows across the power grid. And enables the distributed renewable energy grid of the future.

eleXsys™ enables clean energy to be generated and consumed locally, increasing efficiencies and reducing costs. It encourages the creation of larger-scale urban rooftop solar farms and is globally recognised – read the news here –  as a key platform to enable the transition to clean energy around the world.

eleXsys™ stands for “Electricity Export System”. Learn more about our technology here.

Will this affect the corporate structure?

No, this will not affect the corporate structure of any entity in the eleXsys Group as there is no change to share ownership or director positions.

Will this affect ongoing relationships with customers and national or international suppliers?

No, this will not affect ongoing relationships with customers and national or international suppliers.

This does not invalidate any prior or ongoing contracts with GoZero Energy Pty Ltd trading as Planet Ark Power as it is a simple name change from GoZERO Energy to eleXsys Energy.

Contracts signed after October 2019, will reflect the name “eleXsys Energy Pty Ltd trading as Planet Ark Power”. Contract amendments or renewals hereafter will also reflect the new name.

What else is remaining the same?

Our great team, technology, and commitment to superior customer service will remain the same.

We continue to be an innovative engineering company with a remarkable depth of knowledge and experience in energy grids, batteries and solar power. Our focus remains providing comprehensive clean energy solutions that help businesses and organisations reduce electricity costs while speeding up the decarbonisation of electricity networks with our technology, eleXsys™.

How to keep up with Planet Ark Power's latest news and updates?

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