Repono is a pan-European energy company established in early 2024 by EIT InnoEnergy, focusing on large-scale energy storage systems across Europe. The company’s primary objective is to own and operate battery storage facilities that support grid stability and renewable energy integration. With an ambitious target to deploy and manage 100 GWh of energy storage capacity by 2030, Repono aims to capture 10% of Europe’s projected 1-terawatt hour storage market.
The company’s operations span three essential areas: managing short-term spot markets, providing ancillary services for grid stability, and integrating energy storage into Power Purchase Agreements (PPAs). This comprehensive approach ensures optimal electricity distribution and supports Europe’s transition toward sustainable energy sources while maintaining reliable power supply.
Battery Technology
Repono specializes in Battery Energy Storage Systems (BESS) deployment and operation, utilizing advanced software solutions for efficient management. The company’s technology portfolio includes systems for grid stabilization and capacity management, essential for integrating increasing amounts of renewable energy into power networks.
Through its acquisition of BatteryLoop, Repono has gained expertise in second-life energy storage solutions, repurposing used electric vehicle batteries for stationary applications. However, this represents only one aspect of their technological capabilities. The company’s primary focus remains on large-scale, new battery storage installations that can effectively respond to market fluctuations and grid demands.
The company’s unified software platform enables precise control and monitoring of energy storage systems, optimizing charge and discharge cycles based on market conditions. This technology allows Repono to participate effectively in energy markets while maintaining grid stability and preventing potential blackouts. Their systems are designed to support baseload power supply and fill gaps when solar or wind generation is insufficient.
Recent Projects
Since its launch in March 2024, Repono has initiated operations across European markets, focusing on deploying large-scale battery storage systems. The company has integrated BatteryLoop’s existing energy storage operations in the Nordic region, incorporating a team of 25 specialists into its operations.
The company is actively expanding its presence across strategic European locations, implementing standardized deployment processes for energy storage systems that align with EU Green Deal objectives.
Investors
Repono has secured backing from significant industry players, including Schneider Electric, SIPLEC E.Leclerc, Stena Metall, Boryszew Group, and NTM GmbH. These strategic partnerships provide not only financial support but also technical expertise and market access.
The company benefits from its connection to EIT InnoEnergy’s extensive network of over 1,200 partners spanning industry, finance, research, and academia. This ecosystem access strengthens Repono’s position within the European Battery Alliance and the broader energy storage sector.
Business Details
Location: Göteborg, Sweden
Website: https://www.repono.com/
LinkedIn: https://www.linkedin.com/company/100763020
