LightwaveRF plc announced that it has signed a technology licence agreement with Powerdiverter and has received a first order for the Australian market. The Powerdiverter helps owners of renewable energy systems such as solar PV, divert spare energy to their water heater, optimising the usage of excess electricity. Powerdiverter will build LightwaveRF technology in to its Powerdiverter controller unit to communicate directly with the LightwaveRF Link.

Consumers will be able to use the LightwaveRF App to decide where to divert surplus generated electricity using connected sockets and switches for maximum payback and convenience. A licence fee will be payable for each Powerdiverter product that is LightwaveRF-enabled. Powerdiverter Australian distributor, Apricus, will begin to sell associated LightwaveRF products with the Powerdiverter unit.

A first order for an initially limited range of LightwaveRF products of USD 250,000 (GBP 175,000) has been placed which brings the company's current order book to over USD 1.7 million (GBP 1.2 million).