Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the energy industry. This time, you get to discover 5 hand-picked energy transition solutions.
Global Startup Heat Map highlights 5 Top Startups developing Energy Transition Solutions out of 461
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 461 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups developing energy transition solutions that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 456 energy transition solutions, get in touch.
Zeigo eases the Power Purchase Agreements (PPA) Process
Most businesses rely on utility companies for their energy requirements without having a clear understanding of the source of energy. Moreover, in the case of power supply, the change of service providers requires huge changes in infrastructure. This makes it difficult for organizations to meet the decarbonization goals set by the governments. Eventually, they rely on reducing the carbon footprint of their products and services using expensive materials and expensive. This is why startups and scaleups are creating clean energy platforms that make the sourcing of renewable energy easy and cost-effective for the energy transition.
Zeigo is a British startup that develops a climate-tech platform enabling businesses to quickly and conveniently source clean energy from wind and solar farms. The startup provides an extensive network of renewable energy generators and suppliers that provide traceable clean energy. Using machine learning (ML) algorithms, the solution scans market data and helps users find a suitable service provider. Zeigo then forms and signs transparent PPAs and certificates with energy producers. This also makes it simple for organizations to claim decarbonization subsidies or rewards.
Troes provides Sustainable Energy
Fluctuation in the power supply is a restricting factor that prevents full-scale adoption of renewable energy. Unlike fossil-fuel-based energy sources, in which energy production is regulated according to demand, solar and wind energy depend on weather conditions. Since the uncertainty of weather conditions is increasing every year, many renewable energy installations are not working at their full potential. This is why energy startups are developing storage solutions that help solar and wind farms supply uninterrupted power and enable the transition to renewable sources.
Canadian startup Troes provides battery storage solutions that enable a stable supply of renewable energy. The startup provides an internet of things (IoT) and artificial intelligence (AI)-powered battery energy storage system that helps renewable energy projects operate at maximum efficiency. Troes uses a proprietary Lithium battery design that includes a battery management system (BMS) with 3-layers of control and 3-layers of operation protection. The system’s AI-powered Dual Equilibrium technology improves battery life cycle and overall system efficiency. This provides renewable energy installations the ability to counter peak-time demands without fossil fuels backup, thus ensuring complete energy transition.
Emax digitalizes Energy Transition
With the increasing number of commercial and industrial establishments, energy network operators find it difficult to manage and make improvements to meet consumer demand. This is why startups are developing digital platforms that help network operators strengthen customer engagement and renewable energy integrations. These solutions give the end-users the ability to choose their preferred source of energy and the tariffs that best suit their usage.
Emax is a Belgian startup that provides digital solutions to accelerate energy network operators towards digital energy transition. The startup uses a combination of storage, the internet of things (IoT), and blockchain technologies to enable the efficient utilization of zero-emission renewable energy. The startup’s eFlexio platform helps network operators, market players, and prosumers come together and trade services in a flexible, transparent, and cost-effective manner. Kyla is another product with AI, IoT, and blockchain integrations that gives consumers an active role in the energy transition. Kyla allows users to monitor their consumption, interact with energy suppliers, and financial institutions, leading to more investment in renewables.
Wind My Roof provides Energy Transition Solutions for Buildings
Offices and commercial establishments consume a lot of energy. Since almost all office buildings operate at the same time, renewable energy sources are currently unable to meet the demand. This is why energy startups and scaleups are developing solutions that enable buildings to locally produce renewable energy on their own. Such solutions reduce the dependence on fossil fuels and facilitate the energy transition process.
Wind my Roof is a French startup that provides wind energy solutions installable on building roofs. The startup provides small roof wind turbines that are light and discreet. The startup’s turbines are also adaptable to any size of buildings, utilizing the unused roof space for producing clean electricity. Further, Wind my Roof turbines have the provision to be chained together to make the most of the available surface. The solution enables organizations to reduce electricity bills and take part in the energy transition.
Dens enables the Transition to Renewable Fuels
Although renewable sources like solar and wind are highly sustainable, they do not have the energy density to be as compact and portable as fossil fuels. In sectors like construction, powerful fossil-fired generators are necessary to operate heavy equipment. This is why energy startups and scaleups are developing zero-carbon alternatives for fossil fuel-based power generators. These solutions do not produce harmful emissions and are sourced from sustainable raw materials, thus, aiding the energy transition in the construction sector.
Dutch startup Dens provides hydrozine-powered generators as an alternative for diesel generators. Dens X2 is the startup’s hydrozine-powered generator that enables the supply of energy to a variety of off-grid applications. The burning of hydrozine is smooth and does not emit harmful gases like carbon dioxide, sulfur oxides, nitrogen oxides, or soot. This makes the solution a sustainable and silent alternative to diesel-powered generators. Since hydrozine is in liquid form, the fuel is easy to store and transport just like diesel and gasoline.
Discover more Energy Startups
Energy startups such as the examples highlighted in this report focus on renewable technologies to aid energy transition for building and construction, as well as tools to improve the energy transition process. While all of these technologies play a major role in advancing the energy industry, they only represent the tip of the iceberg. To explore more energy technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Energy Innovation Report to save your time and improve strategic decision-making.