EIT InnoEnergy

ATAWEY, founded in 2012 by Jean-Michel Amaré and Pierre-Jean Bonnefond, specializes in designing and manufacturing autonomous energy solutions specifically for isolated sites. The company employs established French technologies to provide innovative and sustainable energy products tailored to the unique needs of each client. ATAWEY focuses on delivering turnkey power supply systems, including hydrogen refueling stations, which offer a clean and reliable alternative to traditional energy sources. By addressing the challenges of energy availability in remote locations, ATAWEY ensures that businesses can access green energy even in situations where batteries may be depleted and diesel options have a substantial carbon footprint. The company is committed to project management that emphasizes adaptability, reliability, and environmental responsibility, aiming for economic viability and quick returns on investment for its clients.

Spottitt is a geospatial analytics company that utilizes machine learning and satellite imagery from over 200 satellites to provide real-time monitoring solutions for transmission and distribution utilities. By transforming a wide range of satellite and geospatial data into actionable metrics, Spottitt helps organizations monitor critical assets' safety and performance throughout their lifecycle. The platform addresses various risks, including vegetation hazards, pipeline leaks, third-party interventions, and climate conditions, making it a valuable tool for asset management. Spottitt offers a cloud-based, user-friendly service that integrates seamlessly with clients' internal systems. The company's revenue model is based on a "metrics as a service" approach, with affordable trial options designed to lower barriers for new customers. Spottitt has successfully acquired multiple significant clients and is poised to capitalize on the growing geospatial analytics market, particularly within the utility sector, where demand is driven by aging infrastructure and the need for enhanced reliability and safety.

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.

Suena Energy is a pioneering provider of algorithmic and AI-based solutions for marketing battery storage and renewable energy. The company's advanced trading autopilot leverages cutting-edge algorithms and precise forecasts to optimize trading decisions in real time, enhancing efficiency across various power and electricity markets. Suena Energy's technology facilitates optimized marketing for stand-alone storage, as well as integrated systems combining photovoltaics and wind energy with storage. By employing machine learning, the firm calculates optimal participation in energy and balancing markets, taking technical factors into account. This innovative approach not only maximizes revenues and extends the lifespan of storage systems but also minimizes risks for clients. Additionally, Suena Energy offers portfolio optimization and white-label partner solutions, positioning itself as a leader in the integration of energy storage and renewables into power trading.

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.

Suena Energy is a pioneering provider of algorithmic and AI-based solutions for marketing battery storage and renewable energy. The company's advanced trading autopilot leverages cutting-edge algorithms and precise forecasts to optimize trading decisions in real time, enhancing efficiency across various power and electricity markets. Suena Energy's technology facilitates optimized marketing for stand-alone storage, as well as integrated systems combining photovoltaics and wind energy with storage. By employing machine learning, the firm calculates optimal participation in energy and balancing markets, taking technical factors into account. This innovative approach not only maximizes revenues and extends the lifespan of storage systems but also minimizes risks for clients. Additionally, Suena Energy offers portfolio optimization and white-label partner solutions, positioning itself as a leader in the integration of energy storage and renewables into power trading.

Spottitt is a geospatial analytics company that utilizes machine learning and satellite imagery from over 200 satellites to provide real-time monitoring solutions for transmission and distribution utilities. By transforming a wide range of satellite and geospatial data into actionable metrics, Spottitt helps organizations monitor critical assets' safety and performance throughout their lifecycle. The platform addresses various risks, including vegetation hazards, pipeline leaks, third-party interventions, and climate conditions, making it a valuable tool for asset management. Spottitt offers a cloud-based, user-friendly service that integrates seamlessly with clients' internal systems. The company's revenue model is based on a "metrics as a service" approach, with affordable trial options designed to lower barriers for new customers. Spottitt has successfully acquired multiple significant clients and is poised to capitalize on the growing geospatial analytics market, particularly within the utility sector, where demand is driven by aging infrastructure and the need for enhanced reliability and safety.

Solarworx is a Berlin-based company founded in 2017 that focuses on developing smart solar solutions for rural off-grid households and businesses. The company manufactures modular and grid-based solar systems designed to meet both current and future electricity demands. These systems generate energy that enables users to harness solar power in a cost-effective and efficient manner, thereby improving energy access for those in remote areas.

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.

Eneida designs and develops smart sensors and artificial intelligence applications for resilient and agile low voltage grid. Its product called Deep Grid is a collaborative energy IoT platform for the remote and online optimization of the low voltage network. The company aims to help electric utilities to make the most of their low voltage network. Eneida was founded in 2012 and is headquartered in Coimbra, Portugal.

Solarworx is a Berlin-based company founded in 2017 that focuses on developing smart solar solutions for rural off-grid households and businesses. The company manufactures modular and grid-based solar systems designed to meet both current and future electricity demands. These systems generate energy that enables users to harness solar power in a cost-effective and efficient manner, thereby improving energy access for those in remote areas.

AMPnet offers a comprehensive suite of tools tailored for cooperatives, facilitating the management of payments, invoicing, smart metering, demand side management, crowdinvesting, and community governance. The company provides an integrated hardware and software solution that includes web applications, mobile apps for iOS and Android, and a blockchain payments and governance platform. Additionally, AMPnet features an open-source smart meter hardware specification, allowing for a straightforward implementation process that minimizes onboarding complexities and operational costs. By focusing on decentralized finance, AMPnet also supports asset management and emissions trading, enabling businesses to effectively manage digital tools and decentralized assets within a robust blockchain infrastructure.

AMPnet offers a comprehensive suite of tools tailored for cooperatives, facilitating the management of payments, invoicing, smart metering, demand side management, crowdinvesting, and community governance. The company provides an integrated hardware and software solution that includes web applications, mobile apps for iOS and Android, and a blockchain payments and governance platform. Additionally, AMPnet features an open-source smart meter hardware specification, allowing for a straightforward implementation process that minimizes onboarding complexities and operational costs. By focusing on decentralized finance, AMPnet also supports asset management and emissions trading, enabling businesses to effectively manage digital tools and decentralized assets within a robust blockchain infrastructure.

Volterion, founded in 2015 as a spin-off from the Fraunhofer Institute UMSICHT, specializes in the development and manufacturing of redox-flow battery stacks and systems aimed at commercial bulk energy storage. The company focuses on creating efficient energy converters that serve as the foundation for scalable and compact battery solutions, such as the powerRFB, which meets rigorous industrial standards. Volterion employs patented materials and advanced manufacturing processes, including fully automated systems for producing welded and seal-less stacks. This technology enables both private users and power suppliers to optimize the use of self-generated renewable energy while providing cost-effective and durable storage solutions. The founders, Sascha Berthold, Thomas Gebauer, and Thorsten Seipp, alongside management member Kees van de Kerk, have been instrumental in the company's technological advancements. Volterion has garnered multiple accolades for its innovative technology and business model, reinforcing its position within the energy storage sector.

Klugit Energy aims to deliver simple, quick and cheap demand-repose solutions to utilities and families with immediate benefits. Klugit is a smart plug that can be connected to any electric water tank, converting it into a smart one, Wi-Fi connected and smart-grid ready. Electric water heaters/tanks (EWS) waste a lot of energy in standby thermal losses (438 kWh/y for an 80L). Only in Europe there are around 28 mio EWS installed, equivalent to 12 TWh/y of wasted energy (same emissions as 2 mio cars per year). By installing Klugit and placing our sensor in external contact with hot water pipe, we use AI to learn your hot water usage routine and heat up water when you will actually need it, delivering immediate savings to families (>45 EUR/y). More importantly klugit is the cheapest and quickest way to provide “peak shaving” services for utilities, since it converts electric tanks into smart grid energy storage devices, solving one of renewable energy biggest problems.

Eneida designs and develops smart sensors and artificial intelligence applications for resilient and agile low voltage grid. Its product called Deep Grid is a collaborative energy IoT platform for the remote and online optimization of the low voltage network. The company aims to help electric utilities to make the most of their low voltage network. Eneida was founded in 2012 and is headquartered in Coimbra, Portugal.

SEPIN specializes in providing a utilities platform that facilitates digital transformation for energy providers. This enterprise software, combined with IoT devices, streamlines business and operational processes, enabling utilities to manage data and automate workflows effectively. By offering accurate, real-time data from a centralized source, SEPIN's platform supports various teams, including billing, marketing, and sales. Additionally, it enhances customer experience through mobile applications and gamification features, helping utilities engage with their customers more effectively. Overall, SEPIN aims to position its clients competitively in an evolving digital landscape.

Ferroamp Elektronik AB develops, manufactures, and markets innovative power electronics for a more efficient use of electrical energy. Its first product is ACE. Based on our 4-quadrant inverter technology ACE enables faster EV charging and reduced grid fees. ACE is part of the modular EnergyHub system that can be expanded with solar cells and energy storage as the need arises. This smart grid concept improves the versatility and profitability of solar cell installations and it brings benefits to homeowners as well as grid companies.

HYGEN is a developer of innovative home fueling appliances aimed at transforming the conventional gas distribution grid into a decentralized refueling infrastructure for gas-powered vehicles. Their patented liquid piston gas compression technology enhances the efficiency of gaseous fuel compression and eliminates issues such as maintenance and breakdowns. This technology allows for the rapid refueling of vehicles in just three minutes, making it a convenient option for users at home or in offices. By providing a low-cost solution for at-home fueling, HYGEN enhances the appeal of natural gas vehicles, positioning them similarly to electric vehicles. The company enables gas utilities to tap into the transportation fuel market, offering carbon-neutral and economical biomethane directly to consumers. As a result, HYGEN not only extends the service life of their appliances significantly but also reduces the total cost of ownership, creating a new segment within the gas industry focused on clean and affordable fuel delivery.