EIT InnoEnergy

CorPower Ocean AB, founded in 2009 and headquartered in Hägersten, Sweden, specializes in the development of high-efficiency wave energy converters (WECs). These innovative devices, designed to harness energy from ocean waves, utilize a heaving buoy that captures energy from both surge and heave motions. The buoy is connected to the seabed with a taut mooring line, featuring a pneumatic pre-tension module that enhances stability and efficiency. CorPower's WECs are noted for delivering five times higher annual energy output per ton compared to earlier wave power technologies, making them competitive with offshore wind in terms of cost-effectiveness. The company is currently testing its products in collaboration with Iberdrola and boasts a team with substantial expertise in energy generation, design, and system engineering. CorPower Ocean aims to contribute to the transition towards zero-carbon energy by providing a reliable and economical source of electricity derived from ocean waves.

Wattalps specializes in developing lithium power systems aimed at providing affordable battery solutions for small and medium series applications. The company's products prioritize passive safety, cooling efficiency, long life, and cell protection, facilitating the integration of these systems into vehicles and charging stations. With a focus on creating standard and modular designs, Wattalps aims to simplify installation processes, making them both fast and cost-effective. By advancing these technologies, the company contributes to the broader adoption of electric vehicles and sustainable transportation solutions.

Solaqua provides solution that focus on power electronics management, narrowing gap between large PV installations and irrigation systems.

FlexiDAO is a company that specializes in renewable energy tracking software, leveraging blockchain technology to certify and trace electricity from production to consumption. Its platform allows clients to make credible and verifiable claims about their energy's carbon footprint on an hourly basis. By providing real-time traceability and certification of origin for renewable energy, FlexiDAO enables customers to better understand the source and environmental impact of their energy usage. This capability supports businesses in procuring cleaner electricity and advancing their decarbonization efforts, ultimately making the goal of 24/7 carbon-free energy more attainable.

Enline is a global leader in Digital Twin technology specifically designed for power grids. The company focuses on simplifying complex operations through innovative solutions that enhance profitability and efficiency for its customers. Enline's technology enables the creation and management of Digital Twins for power system assets, providing insights into their electrical, mechanical, and thermal behaviors without the need for physical sensors. This capability allows for rapid deployment and monitoring in a fully remote manner, resulting in significant cost savings. Enline serves a diverse range of sectors, including transmission system operators, distribution system operators, power generation, industry, mining, and insurance, with clients across five continents. The company has established offices in Portugal, Germany, Brazil, and Peru, and maintains a presence in over 25 countries, highlighting its commitment to innovation and global reach in the energy sector.

SeaQurrent is a developer of technology that harnesses tidal and ocean currents to generate clean electricity. The company specializes in creating energy plants that can operate in both shallow and deep low-velocity water, providing an alternative energy source with minimal impact on wildlife and human activities. SeaQurrent's systems are designed for easy and cost-effective installation and maintenance, making them accessible for various industries seeking sustainable energy solutions.

Silbat is focused on developing innovative long-duration molten silicon batteries that utilize the latent heat of fusion of silicon for energy storage. These batteries are designed to provide a storage duration of up to 100 hours, making them an effective solution for integrating variable renewable energy sources into the power grid. Silbat's technology aims to achieve a capital expenditure of less than $10 per kilowatt-hour, positioning it as a cost-competitive alternative to conventional fossil fuel and nuclear power plants. By enabling efficient back-conversion of stored energy to electricity through thermophotovoltaics, Silbat's offerings help clients reduce energy storage costs and improve overall economic viability in the energy sector.

Elestor BV, founded in 2014 by Wiebrand Kout and headquartered in Arnhem, Netherlands, specializes in energy storage solutions aimed at facilitating the economical use of self-generated renewable electricity on a large scale. The company has developed a system that can be integrated with hydrogen infrastructures and electrolyzers, significantly reducing the costs associated with green hydrogen production. By offering cost-effective electricity storage technology, Elestor enables its clients to minimize their electricity storage expenses, thereby enhancing the viability of renewable energy sources.

FlexiDAO is a company that specializes in renewable energy tracking software, leveraging blockchain technology to certify and trace electricity from production to consumption. Its platform allows clients to make credible and verifiable claims about their energy's carbon footprint on an hourly basis. By providing real-time traceability and certification of origin for renewable energy, FlexiDAO enables customers to better understand the source and environmental impact of their energy usage. This capability supports businesses in procuring cleaner electricity and advancing their decarbonization efforts, ultimately making the goal of 24/7 carbon-free energy more attainable.

Bamboo Energy is a software platform provider that focuses on helping retailers and aggregators manage and trade distributed flexibility resources in the energy sector. Founded in 2020 in San Adrián De Besós, Catalonia, the company aims to facilitate the energy transition by democratizing access to cleaner and more affordable energy. Its platform enables clients to monetize the flexibility of their energy assets while integrating renewable energy sources. Utilizing artificial intelligence, advanced mathematical optimization models, and cloud computing, Bamboo Energy forecasts consumption, flexibility, and market conditions for effective portfolio management. The platform enhances operational efficiency for energy operators, allowing them to coordinate and valorize the consumption of a diverse portfolio of consumers across various electricity markets.

Ngenic AB is an independent energy technology company that specializes in digitizing and optimizing energy systems. The company offers a smart thermostat system designed as an energy-saving solution, allowing users to manage their energy consumption through mobile devices, computers, or tablets. This technology can help users reduce energy waste by up to 15%. Ngenic serves a diverse clientele, including energy companies, property owners, tenant-owner associations, and homeowners, focusing on enhancing energy efficiency across various sectors.

Bamboo Energy is a software platform provider that focuses on helping retailers and aggregators manage and trade distributed flexibility resources in the energy sector. Founded in 2020 in San Adrián De Besós, Catalonia, the company aims to facilitate the energy transition by democratizing access to cleaner and more affordable energy. Its platform enables clients to monetize the flexibility of their energy assets while integrating renewable energy sources. Utilizing artificial intelligence, advanced mathematical optimization models, and cloud computing, Bamboo Energy forecasts consumption, flexibility, and market conditions for effective portfolio management. The platform enhances operational efficiency for energy operators, allowing them to coordinate and valorize the consumption of a diverse portfolio of consumers across various electricity markets.

CorPower Ocean AB, founded in 2009 and headquartered in Hägersten, Sweden, specializes in the development of high-efficiency wave energy converters (WECs). These innovative devices, designed to harness energy from ocean waves, utilize a heaving buoy that captures energy from both surge and heave motions. The buoy is connected to the seabed with a taut mooring line, featuring a pneumatic pre-tension module that enhances stability and efficiency. CorPower's WECs are noted for delivering five times higher annual energy output per ton compared to earlier wave power technologies, making them competitive with offshore wind in terms of cost-effectiveness. The company is currently testing its products in collaboration with Iberdrola and boasts a team with substantial expertise in energy generation, design, and system engineering. CorPower Ocean aims to contribute to the transition towards zero-carbon energy by providing a reliable and economical source of electricity derived from ocean waves.

Enline is a global leader in Digital Twin technology specifically designed for power grids. The company focuses on simplifying complex operations through innovative solutions that enhance profitability and efficiency for its customers. Enline's technology enables the creation and management of Digital Twins for power system assets, providing insights into their electrical, mechanical, and thermal behaviors without the need for physical sensors. This capability allows for rapid deployment and monitoring in a fully remote manner, resulting in significant cost savings. Enline serves a diverse range of sectors, including transmission system operators, distribution system operators, power generation, industry, mining, and insurance, with clients across five continents. The company has established offices in Portugal, Germany, Brazil, and Peru, and maintains a presence in over 25 countries, highlighting its commitment to innovation and global reach in the energy sector.

Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions, specifically through its development of patented catalyst technology. This technology enables the production of fuel cells that are sustainable and high-performing, entirely without noble metals. Celcibus's focus is on facilitating the global adoption of fuel cells by offering metal-free catalyst solutions suitable for various applications, including transportation, household use, and industrial purposes. The company's fossil-free products serve as a sustainable alternative for powering electrical applications, promoting the use of alternative energy in an environmentally friendly manner.

CorPower Ocean AB, founded in 2009 and headquartered in Hägersten, Sweden, specializes in the development of high-efficiency wave energy converters (WECs). These innovative devices, designed to harness energy from ocean waves, utilize a heaving buoy that captures energy from both surge and heave motions. The buoy is connected to the seabed with a taut mooring line, featuring a pneumatic pre-tension module that enhances stability and efficiency. CorPower's WECs are noted for delivering five times higher annual energy output per ton compared to earlier wave power technologies, making them competitive with offshore wind in terms of cost-effectiveness. The company is currently testing its products in collaboration with Iberdrola and boasts a team with substantial expertise in energy generation, design, and system engineering. CorPower Ocean aims to contribute to the transition towards zero-carbon energy by providing a reliable and economical source of electricity derived from ocean waves.

LeadCold follows the path of least resistance for nuclear power to disrupt traditional and renewable power sources

Energy Floors specializes in the design and construction of innovative flooring systems that convert kinetic energy from human movement and solar power into usable electricity. The company's products aim to engage the public in renewable energy production by making the energy-generating process visible and interactive. By developing, manufacturing, and selling these energy-converting floor systems, Energy Floors focuses on creating sustainable solutions that can be integrated into pavements and high footfall areas. Their approach not only promotes awareness of renewable energy but also encourages participation in energy generation through everyday activities.

Celcibus AB is a Swedish innovation company specializing in materials for clean energy solutions, specifically through its development of patented catalyst technology. This technology enables the production of fuel cells that are sustainable and high-performing, entirely without noble metals. Celcibus's focus is on facilitating the global adoption of fuel cells by offering metal-free catalyst solutions suitable for various applications, including transportation, household use, and industrial purposes. The company's fossil-free products serve as a sustainable alternative for powering electrical applications, promoting the use of alternative energy in an environmentally friendly manner.

Kumpan Electric, also known as e-bility GmbH, is a manufacturer specializing in electric scooters and e-mobility solutions, as well as portable energy storage systems, all produced in Europe. The company develops and sells stylish electric vehicles capable of speeds ranging from 20 to 120 km/h, catering to individual consumers, fleet operators, and sharing companies. Kumpan Electric aims to promote sustainable transportation alternatives by offering flexible battery technology, enabling users to travel in an environmentally friendly manner while achieving zero emissions.

Ener-Pacte specializes in the operation, security, and optimization of photovoltaic power plants. The company was established to address the increasing challenges faced by photovoltaic installations, particularly in France and other countries with extensive solar energy systems. Ener-Pacte offers a range of services aimed at enhancing the profitability of these power plants. By providing straightforward and effective support to owners of non-professional photovoltaic systems, the company enables clients to optimize their financial returns and secure their existing income. This focus on practical solutions positions Ener-Pacte as a key player in the renewable energy sector, particularly in the context of growing reliance on solar power.

FlexiDAO is a company that specializes in renewable energy tracking software, leveraging blockchain technology to certify and trace electricity from production to consumption. Its platform allows clients to make credible and verifiable claims about their energy's carbon footprint on an hourly basis. By providing real-time traceability and certification of origin for renewable energy, FlexiDAO enables customers to better understand the source and environmental impact of their energy usage. This capability supports businesses in procuring cleaner electricity and advancing their decarbonization efforts, ultimately making the goal of 24/7 carbon-free energy more attainable.

Verv Limited, founded in 2017 and based in London, operates a technology platform that focuses on enhancing the efficiency and sustainability of home appliances. The company specializes in high-speed data acquisition and artificial intelligence within the electrical domain, developing innovative predictive maintenance solutions for white goods manufacturers. Verv's patented technology captures detailed energy signatures of appliances, allowing it to detect performance anomalies and identify potential faults before they escalate. This capability provides manufacturers with real-time diagnostics, facilitating timely maintenance actions and reducing repair costs associated with warranty claims. By improving the longevity and energy efficiency of appliances, Verv contributes to a more sustainable consumer landscape while enhancing customer experiences through reduced appliance downtime. Its insights are also accessible via a smartphone application, streamlining maintenance for users and helping companies lower operational costs.

Volterion GmbH, established in 2015 and based in Dortmund, Germany, specializes in the manufacturing and sale of compact redox flow batteries for residential energy storage, primarily for renewable energy sources. The company produces redox flow stacks, modules, and systems, utilizing a unique, patented manufacturing process for weldable bipolar-graphite-electrodes. Volterion's innovative energy systems, such as the powerRFB, cater to diverse industrial applications and meet high-demand standards. The company's technology and business model have been recognized with several awards, including the ACHEMA Energy Founders Award and the TU Startup Award.

Klugit Energy focuses on providing efficient demand-response solutions for utilities and households through its innovative smart plug technology. This plug can be attached to any electric water heater, transforming it into a Wi-Fi connected and smart-grid compatible device. Electric water heaters are known to waste significant energy due to standby thermal losses, with millions installed across Europe contributing to substantial energy waste. By utilizing artificial intelligence, Klugit's system learns users' hot water consumption patterns and optimizes heating schedules, resulting in immediate cost savings for families. Additionally, Klugit offers a cost-effective solution for utilities seeking to implement peak shaving services, effectively converting electric water heaters into energy storage devices that can address challenges associated with renewable energy integration.

Verv Limited, founded in 2017 and based in London, operates a technology platform that focuses on enhancing the efficiency and sustainability of home appliances. The company specializes in high-speed data acquisition and artificial intelligence within the electrical domain, developing innovative predictive maintenance solutions for white goods manufacturers. Verv's patented technology captures detailed energy signatures of appliances, allowing it to detect performance anomalies and identify potential faults before they escalate. This capability provides manufacturers with real-time diagnostics, facilitating timely maintenance actions and reducing repair costs associated with warranty claims. By improving the longevity and energy efficiency of appliances, Verv contributes to a more sustainable consumer landscape while enhancing customer experiences through reduced appliance downtime. Its insights are also accessible via a smartphone application, streamlining maintenance for users and helping companies lower operational costs.

Solaris Offgrid addresses the critical issue of energy poverty, particularly in rural Africa, where over a billion people lack access to clean and affordable electricity. The company develops and installs solar energy systems that leverage smart technology and mobile payment solutions. Its pay-as-you-go solar home system provides households and businesses with essential services such as LED lighting, communication, and media access, as well as opportunities for enterprise and financial services. By offering an integrated and affordable energy solution, Solaris Offgrid empowers local entrepreneurs, equipping them with the necessary hardware, software, and technical expertise to establish and sustain micro-energy ventures. Through this model, Solaris Offgrid not only enhances energy access but also fosters economic development in low-income communities.

LeadCold follows the path of least resistance for nuclear power to disrupt traditional and renewable power sources