EASME

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.

Past deals in Electric Grid

Blixt

Grant in 2019
Blixt designs and manufactures semiconductor-based circuit breakers and household fuses to support smart metering and smart grid services. Its solid-state technology platform includes circuit breakers and next-generation battery system architecture, delivering a more reliable, flexible, and efficient electricity infrastructure and enabling software-defined power through real-time control of currents and voltages.

Greenbird Integration Technology

Grant in 2019
Greenbird Integration Technology AS is a software and solutions firm based in Oslo, Norway, with additional offices in Stavanger and Palo Alto. Founded in 2009, the company specializes in providing IT advisory services and integration solutions tailored for both public and private organizations across Europe. Its flagship product, Utilihive, serves as a domain-specific integration platform as a service (iPaaS) designed to support utilities in their digital transformation efforts. Utilihive empowers sectors such as smart metering, smart grid, smart cities, and the industrial Internet of Things, facilitating efficient data integration and operational processes. The company also offers consulting services that include strategic advisory, enterprise architecture, and solution design and development. Greenbird's technology is actively utilized by utilities serving over 65 million clients in various regions, including Scandinavia, Germany, the UK, the Middle East, and the Far East. In August 2023, Greenbird was acquired by GE Vernova and integrated into the Grid Software Business, enhancing its role in the ongoing energy revolution.

Place to Plug

Grant in 2019
Place to Plug is an innovative platform that connects electric vehicle (EV) drivers with public and private charging points worldwide. Powered by AI and blockchain technology, it enables users to find, book, and access charging points seamlessly, while allowing charging point owners to increase revenue and enhance their infrastructure's value.

envelio

Grant in 2019
envelio GmbH, founded in 2017 and based in Cologne, Germany, specializes in developing software solutions for the planning and operation of energy networks. The company offers the Intelligent Grid Platform (IGP), a modular software system designed to assist distribution grid operators in digitizing and automating their processes. This platform integrates algorithms based on artificial intelligence and mathematical optimization to facilitate the management of distribution grids, allowing for the seamless incorporation of numerous distributed energy resources and smart meter data. Key features of the IGP include applications for data quality management, automated grid planning, and operational support for congestion management in response to potential grid bottlenecks. By enabling grid operators to optimize their operations, envelio plays a crucial role in advancing the energy transition and enhancing grid sustainability and flexibility.

Passerro

Grant in 2018
Passerro is an electrical monitoring company focused on optimizing energy networks in Germany and Europe. It manufactures the Trafo Stick, a BDV sensor designed for monitoring mineral-insulating oil in transformers, which is essential for their operation. By providing technology solutions for the online monitoring of critical electric grid infrastructure, Passerro enhances the efficiency and reliability of energy systems. The company's innovations not only contribute to operational improvements but also have significant implications for daily life, promoting comfort and encouraging advancements in energy management.

Electrex

Grant in 2018
Electrex manufactures energy-saving technology solutions for energy efficiency and energy automation applications. They offer instruments and software for energy measurement, energy saving, consumption, and production management. Their monitoring and management solutions are used in energy efficiency and energy automation applications in industrial, commercial, residential, public buildings, and renewable energy systems and allow a quick return on investment.

3E

Grant in 2018
3E is an independent global consultancy and software company that specializes in asset performance management and analytics for renewable energy assets. It aims to support the cost-effective development of a fully renewable energy system by providing solutions that enhance the performance of renewable energy systems, such as wind and solar photovoltaic technologies. The company also focuses on optimizing energy consumption in building and site developments and facilitating interaction with the grid and market. Through its consultancy and software services, 3E helps clients achieve better performance, reduce costs, and improve returns on their investments in renewable energy.

Sisener Ingenieros

Grant in 2018
Sisener Ingenieros is a consultancy and engineering firm born in Spain in the year 2000, when some experts in control engineering for hydroelectric plants and substations established a company clearly intended to provide comprehensive services in the energy sector: generation, transport / transmission and distribution of electric power and renewable energy. Afterwards new sectors have been added: waste treatmente and valorization and thermo-chemical process. Over these years, SISENER has consolidated itself as one of the benchmark companies in the sector, at both national and international levels, with 124 engineers to cover the following specialties: Electrical, Civil, Thermal, Structure, Piping, Industrial Process, Scada, and Instrumentation & Control.

Stignergy

Grant in 2018
Founded in 2012, Stignergy develops a Smart Energy Management System that monitors energy consumption patterns of various devices to reduce electricity bills for professionals. Its system consists of modules like terminals, submeter, and gateway, serving clients by optimizing power load demand dynamically.

Zaphiro

Grant in 2018
Zaphiro Technologies is a company specializing in the development of advanced monitoring and automation systems for electrical distribution grids. Founded in April 2017 as a spin-off from the Swiss Federal Institute of Technology in Lausanne, it was established by researchers Paolo Romano, Marco Pignati, and Lorenzo Zanni. The company's technology provides real-time visibility into energy flows within the grid and includes capabilities for accurately locating faults. By utilizing distributed sensing and a central grid controller, Zaphiro enhances the efficiency and profitability of grid operations, enabling clients to integrate renewable energy sources and electric vehicles effectively. The company's solutions help utilities respond swiftly to electrical faults, thereby minimizing the impact of power outages and transitioning grids from passive to proactive management.

Adaptive Balancing Power

Grant in 2017
Founded in 2016, Adaptive Balancing Power develops, manufactures, and sells innovative energy storage devices. Its flagship product is an adaptive flywheel system designed to stabilize power grids dynamically, enabling cost-effective renewable energy integration.

Ferntech

Grant in 2017
Ferntech GMBH, headquartered in Crailsheim, Germany, specializes in designing and manufacturing advanced monitoring and control systems for microgrids. Established in 2016, the company offers the Universal Monitoring and Control (UMC) solution, which facilitates the interconnectivity of various components, enabling power system operators to remotely monitor and control hybrid and off-grid power systems efficiently. The UMC technology stands out for its compatibility with components from any manufacturer and employs visual programming tools, allowing users of all technical skill levels to optimize grid performance. By centralizing data on a web-based dashboard, Ferntech's platform not only streamlines preventive maintenance tasks and reporting but also enhances productivity and scalability while reducing overall maintenance costs for its clients.

gridX

Grant in 2017
gridX develops an energy platform that connects distributed generation, storage, and consumption to optimize energy flows and form a decentralised, vendor-neutral virtual power plant. The platform enables intelligent control of generation assets and household energy flows, with integration of smart home solutions, and serves as a digital provider for decentralized energy. Founded in 2016 and based in Aachen, Germany, gridX aims to make renewable energies accessible and affordable while helping users reduce electricity costs and enable the energy transition. By linking millions of small producers and consumers on its platform, gridX creates transparency, efficiency, and resilience in energy systems while supporting scalable, local energy management.

depsys

Grant in 2017
DEPsys is a Swiss technology company based in Puidoux, located on the shores of Lake Geneva in the Lavaux region, known for its vineyard terraces. The company specializes in developing modular systems for power grids, focusing on integrating renewable energy sources like photovoltaic systems and wind turbines into traditional low-voltage electricity networks. Its network optimization platform is designed to measure, monitor, and control the low-voltage grid, allowing energy providers to adapt to the challenges posed by decentralized production and increased energy loads. By offering innovative solutions, DEPsys aims to support the evolution of energy systems in response to the growing demand for sustainable energy practices.

Easelink

Grant in 2017
Easelink develops and industrializes conductive charging technologies for electric vehicles, aiming to automate and accelerate the charging process. It centers on MATRIX CHARGING, an automated conductive charging system with no moving parts outside the vehicle, designed to be stationary and scalable. The technology uses a charging pad that enables automatic direct physical connection as soon as a vehicle parks on top, eliminating the need for manual plugging and enabling convenient, efficient EV charging.

eTactica

Grant in 2017
eTactica manufactures electrical products designed to monitor energy consumption at the device level. Their solutions provide insights into electricity usage, enabling businesses to achieve significant cost savings and enhance operational efficiency.

Megavatio Control

Grant in 2017
Megavatio Control is a software development company that specializes in solutions for the industrial and energy sectors. Founded in 2011 by two friends—one an electrical engineer and the other a code developer—the company launched MVScada, a web-based SCADA system designed to control renewable energy plants. Megavatio Control is guided by a philosophy emphasizing advanced technology at an affordable cost, and its software has undergone continuous enhancements to improve features and usability. In addition to MVScada, the company offers other software solutions that focus on energy consumption and provides customized solutions tailored to meet the specific needs of various clients. With a youthful and dynamic team, Megavatio Control is committed to innovation in the energy management industry.

ZapGo

Grant in 2017
ZapGo Ltd. is a technology company based in Oxford, United Kingdom, founded in 2013. The company specializes in the development and manufacturing of carbon-ion cells, which are designed for use in electric vehicles, smartphones, and grid energy storage. ZapGo's innovative approach focuses on enhancing supercapacitor performance to match that of conventional batteries while avoiding the use of lithium, cobalt, and rare earth materials. By employing nano-carbon materials and ionic electrolytes, ZapGo's products achieve a combination of long life, high power density, and rapid charging capabilities, along with energy densities comparable to leading batteries. Additionally, the design of their cells prioritizes safety, as they do not contain materials that can ignite, and they offer recyclability at the end of their life cycle. The company also operates an office in Charlotte, North Carolina, to support its growing business.

Zehus

Grant in 2017
Zehus is an Italy-based smart mobility company that develops propulsion systems and an all-in-one e-kit for electric bicycles. The BIKE+ all-in-one integrates a motor, batteries, electronics, and Bluetooth to connect with a smartphone, enabling users to monitor speed, odometer, road slope, and motor power while optimizing ride efficiency. The system emphasizes human-powered energy, drawing power from the rider rather than the electrical grid, to remain grid-independent, and it has demonstrated over 30% efficiency improvement and about 20% lower oxygen consumption. It positions its technology as a zero-emission solution driven by the efficient use of human energy to enhance the ride experience for electric bicycles and related mobility applications.

Be-Wind

Grant in 2017
Be-Wind designs and manufactures within the aerospace industry. Its state of the art vertical axis turbines produce 15-20% more power efficiently than any other turbine, while generating usable power starting at wind speeds of 5-7 mph. Its turbines have a propietary deflector system that creates optimum air flow and eliminates opposing wind. A unique aerospace design enables optimal operation in extreme wind conditions while ensuring the safety of the turbine by never exceeding a max RPM. It created their turbines in order to provide the growing urban environment with a source of renewable wind energy. In conjunction with providing sustainable energy within the United States, BE-Wind has reached beyond its borders in an effort to assist developing countries in producing sustainable energy where power resources are scarce.

Gesinne GS

Grant in 2016
Gesinne GS specializes in the design, manufacture, and sale of equipment aimed at optimizing electrical energy consumption. The company focuses on the intelligent stabilization of electrical voltage, which helps protect loads and prevent shutdowns. By enhancing the overall quality of power supplied from the electricity grid, Gesinne GS enables businesses to reduce energy costs while improving operational efficiency.

Laki Power

Grant in 2016
Laki Power ehf is an Icelandic company established in 2015, specializing in eco-friendly power solutions through innovative research and development services. Headquartered in Reykjavik, Laki Power focuses on advanced monitoring systems for overhead power lines, employing technologies such as real-time intelligence and specialized sensors. Their grid inspection solution enhances preventive maintenance by allowing drones to charge directly on high-voltage lines, facilitating autonomous inspections in remote areas where ground crew deployment is impractical. The company also addresses critical issues like icing, wildfires, and grid congestion by providing stationary monitoring solutions at essential grid points. Through these initiatives, Laki Power aims to optimize grid capacity and improve reliability without relying on external power sources.

Synvertec

Grant in 2016
Synvertec is an Israeli energy technology company founded in 2014 that develops control software and hardware to stabilize grids with high penetration of renewable energy and distributed energy resources. Its Synchronverter technology converts renewable-inverter outputs into grid-stabilizing devices by emulating the dynamics of a synchronous generator, enabling greater integration of RES and DERs and improving grid stability. The company targets diverse grids including islanded systems and microgrids and serves sectors such as remote communities, agriculture, and mining. By enabling inverter-based resources to replace traditional thermal generation, Synvertec aims to maximize electricity utilization, reliability, and the transition to modern, flexible power networks.

EKU Power Drives

Grant in 2016
EKU Power Drives GmbH is a Stuttgart-based company that specializes in developing and marketing gas-electric hybrid systems for industrial applications, particularly in the oil and gas sector. Founded in 2014, the company focuses on replacing traditional diesel power trains with innovative gas-electric solutions that utilize natural gas as the primary fuel. Their systems are designed to lower operating costs and reduce the environmental impact of hydraulic fracturing and gas flaring. EKU Power Drives combines robust gas engine technology with dynamic electric motors, featuring components such as an energy storage system, an electric drive, and an intelligent control unit. This technology enhances efficiency by managing power distribution between the generator, battery, and electric drive, while also improving engine performance and reducing idle time. The company aims to create cost-effective and resource-saving powertrain solutions by leveraging proven technologies and their extensive research and development experience.

FreeWire

Grant in 2016
FreeWire Technologies, Inc. is a manufacturer of mobile electric vehicle (EV) chargers, focused on providing innovative charging solutions that enhance the accessibility of EV charging infrastructure. Established in 2014 and based in San Leandro, California, the company produces several models, including the Mobi Charger v0, v1, and v2, which cater to varying charging needs and capabilities. FreeWire’s flagship product, the Boost Charger, integrates battery technology with power conversion systems, allowing for high-power charging without the need for extensive grid upgrades. This technology enables ultrafast charging at locations that typically lack sufficient electrical infrastructure. FreeWire has successfully deployed its battery-integrated chargers across the United States, serving Fortune 100 companies, commercial clients, fleets, and retail spaces, and has partnered with major organizations to expand its reach. Additionally, the company's systems provide clean and quiet power solutions, effectively replacing or supplementing diesel generators for various remote power applications, thereby supporting the transition away from fossil fuels.

Green City Ferries

Grant in 2016
Green City Ferries is a pioneering company focused on developing electric passenger vessels designed for sustainable and emission-free waterborne transport. With a capacity for up to 80 passengers and operating at speeds of 50 km/h, their vessels provide a quiet, zero-emission travel experience that enhances air quality and passenger comfort. The company was founded by a team dedicated to advancing electric transport solutions, and it has made significant strides in the industry, introducing the world's first supercharged passenger ferry, Movitz, in 2014, followed by the fastest supercharged ferry, BB Green, in 2016. Green City Ferries aims to revolutionize urban and inland waterway transport by utilizing market-ready technologies that allow for more frequent and enjoyable ferry services.

Soltigua

Grant in 2016
Soltigua specializes in solar tracking technologies, offering a diverse product portfolio that includes single-axis solar trackers for photovoltaic systems, as well as parabolic troughs and linear Fresnel collectors. The company focuses on providing innovative solutions capable of delivering heat up to 320°C, which can be utilized in various applications such as solar process heat, solar cooling, and both solar power generation and polygeneration. Soltigua’s expertise is demonstrated through its involvement in the design, setup, and operation of multiple solar systems across different sectors. The quality and effectiveness of its developments are further evidenced by participation in several European research projects, showcasing the company’s commitment to advancing solar energy technology and its contribution to European innovation in this field.

ININ Group

Grant in 2015
ININ Group AS is a Norwegian industrial owner that focuses on acquiring and developing niche businesses within infrastructure services sectors such as Rail, Power supply, Electrification, and Testing, Inspection, Certification (TIC). The company operates through three segments: ININ Rail Infrastructure, ININ Power, and ININ Inspekt. It works closely with its portfolio companies to drive sustainable growth.

Elinta Motors

Grant in 2015
Elinta Motors, a Lithuanian company, specializes in developing and manufacturing electric and plug-in hybrid powertrains for commercial vehicles weighing up to 7.2 tons. They design and produce all key components in-house, including electric motors, battery modules, and electronics. The company's offerings also extend to electronic powertrain systems, battery systems, software, and other electronic components, aiming to improve vehicle power, range, and durability.

SmartAct

Grant in 2015
SmartAct is an energy efficient electric actuator.

Smarter Grid Solutions

Grant in 2015
Smarter Grid Solutions Ltd. is a prominent smart grid technology company based in Glasgow, United Kingdom, with additional offices in London and New York. Founded in 2008, the company specializes in developing and deploying active network management (ANM) products aimed at integrating Distributed Energy Resources (DER) into electricity grids. Its key offerings include ANM Strata, ANM 100, ANM 50, and CONNECT+, which facilitate the connection, control, and optimization of various DER types. These products enable electricity distribution companies to manage grid-connected resources effectively, supporting high renewable energy penetration and facilitating net-zero emission electricity. Additionally, Smarter Grid Solutions provides tools for capacity analysis and grid connection assessments, alongside consultancy services in strategic planning and smart grid training. The company collaborates with a range of power companies and utilities across the UK, Europe, and the US, contributing to both rural and urban smart grid projects.

Synvertec

Grant in 2015
Synvertec is an Israeli energy technology company founded in 2014 that develops control software and hardware to stabilize grids with high penetration of renewable energy and distributed energy resources. Its Synchronverter technology converts renewable-inverter outputs into grid-stabilizing devices by emulating the dynamics of a synchronous generator, enabling greater integration of RES and DERs and improving grid stability. The company targets diverse grids including islanded systems and microgrids and serves sectors such as remote communities, agriculture, and mining. By enabling inverter-based resources to replace traditional thermal generation, Synvertec aims to maximize electricity utilization, reliability, and the transition to modern, flexible power networks.

Ferroamp Elektronik

Grant in 2015
Ferroamp Elektronik AB specializes in developing and manufacturing innovative power electronics aimed at enhancing the efficiency of electrical energy use. The company's primary product is the ACE, a four-quadrant inverter that facilitates quicker electric vehicle charging and helps reduce grid fees. ACE is a component of the modular EnergyHub system, which can be expanded with solar cells and energy storage solutions according to user needs. This smart grid concept optimizes the versatility and economic viability of solar installations, benefiting both homeowners and utility companies. Additionally, Ferroamp offers a range of energy optimization solutions, including solar string optimizers, energy storage optimizers, and adaptive equalization, primarily catering to property companies, energy consultants, and electric power firms.

Esave Corporation

Grant in 2015
Esave Corporation was formed in April 2012 with the initial focus of developing electricity energy optimization systems for behind-the-meter installations in buildings. In 4Q 2012, Esave secured an exclusive international license with Dublin Institute of Technology (DIT) for the commercialization of its Unified Power Quality Conditioner (UPQC) technologies that were designed for the optimization of renewable energy sources. Esave is an IBM Business Partner and was a finalist in the IBM Global Entrepreneur Program in 2012. In parallel, Ireland’s Transmission System Operators progressed their ‘Delivering a Secure Sustainable Electricity System’ (DS3) program to enable up to 75% instantaneous wind energy on the grid. DNV-GL (Kema) was engaged to carry out an international review of the System Services regimes adopted in a number of international (island) markets. To date during 2014, we finalized the design of the Esave Hybrid Energy Storage System. In May 2014, Mainstream Renewable Power, the world’s largest independent renewable energy company with a portfolio of more than 17GW of wind and solar development projects agreed to partner with Esave and install 3MW Demonstration System in its 9.2MW windfarm in Kerry. In July 2014, they completed the financial modeling of DS3 System Services. They also applied for Horizon 2020 funding for the Demonstration Project that will be validated by EirGrid and DNV-GL. Wind and solar power are leading the global transition to renewable energy, forcing fossil fuel and emissions take a back seat to a smarter, greener, more efficient electricity generation. Renewable energy sources bring new challenges, as you can’t control the supply of wind or solar – despite their infinite abundance. Electricity grids are finding it increasingly difficult to manage fast growth renewable energy integration as they cannot function unless they are able to balance supply and demand. An imbalance results in voltage fluctuations, or worse. New ancillary services are being introduced to control the variability, uncertainty and asynchronism of renewable energy to ensure the continuous, secure operation of the grid. Their vision is to design and deliver smart grid network solutions that can maximize renewable energy integration. Their technology can break down one of the last barriers to 100% renewable energy by removing the need to run fossil fuel generation to control the ‘frequency’ of the grid and other system services such as inertia, ramping and voltage control. Clean, green, affordable, definitely the future. Their mission is to design and develop Smart Grid Network Solutions that deliver superior power quality and energy storage to enable wind and solar plant assets to overcome their inherent intermittency and low capacity factors to become dispatchable ‘grid friendly’ maximized capacity energy plant with increased revenues and reduced operational costs. Grid balancing, power quality and energy storage that provide active power control of renewable energy sources to stabilize the grid faster, with greater precision and at a fraction of the cost of fossil fuel generation. Solutions that optimize renewable generation power plant performance to facilitate the controlled dispatch of energy, making it more predictable, flexible, fast responding, and ‘grid friendly’. Their job is saving the planet for fun and profit, by delivering solutions that help toward the global goal of abundant, affordable, clean, efficient, and reliable electric power anytime, anywhere – through Smart Grid Network Solutions. Their economic, ecological, and social success is captured in the triple bottom line of People, Planet and Profit and in their promotion of good energy management for the economic, social and environmental well-being of the planet.

Florafuel AG

Grant in 2015
Florafuel AG has developed an innovative process that enables municipalities, farmers, compost plant operators and traders to use biomass and biogenic residues (such as grass, leaves, reeds, wet meadows, roadside greens and silage) as high-quality renewable CO2-neutral energy sources To prepare pellets and briquettes. The required systems and dryers are developed by florafuel AG and distributed on the market. The worldwide patented florafuel process (first patent application 2003) opens up completely new possibilities for regional bioenergy production for companies, cities and municipalities. In this way, previously unused energy resources will become economically viable and environmentally friendly in terms of energy. The optimized by the florafuel process and environmentally friendly fuel stands out not only by a comparatively high fuel value, but also by an extremely positive energy balance. Since the florafuel process is geared solely to the energy recovery of organic residues and waste materials, the florafuel technology is also not in competition with agricultural feed and food production. In addition, as an alternative to composting and fermentation, the process supports the reduction of polluting emissions such as nitrous oxide, methane and ammonia. Another advantage of the florafuel process is that the bioenergy or energy sources that can be supplied via the process are suitable for baseload. Since the combustion or gasification of florafuel fuels is decentralized, it is possible to provide precisely the energy that is needed in the form of electricity and heat on site at any time. Thus, the florafuel process is an ideal addition to the bioenergy mix from an ecological as well as an economic point of view.

Nur Energie

Grant in 2015
Nur Energie is a developer of multi-technology solar power plants, focusing on the Mediterranean region, Southern Europe, North America, and the Middle East. The company specializes in constructing utility-scale power plants, along with associated storage and transmission facilities, to facilitate low-carbon energy generation. By establishing itself as an independent solar power producer, Nur Energie aims to deliver significant returns while contributing to climate change mitigation and fostering regional integration and development.

SmartAct

Grant in 2014
SmartAct is an energy efficient electric actuator.
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