Co-Power
Co-Power (brand: BEO) is a Munich-based Battery-Energy-as-a-Service provider that finances, installs, and operates industrial battery storage systems for European industrial customers, delivering up to 50% energy cost reductions through an Energy Management System and a Virtual Power Plant.
- Company typePrivate
- Founded2024
- HeadquartersMunich, Germany
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Co-Power does
Co-Power, operating under the brand BEO (Battery Energy Organization), is a Munich-based energy technology company founded in 2024 that finances, installs, and operates industrial-scale battery storage systems at European industrial customer sites under a Battery-Energy-as-a-Service model. The company sells a modular product suite: BESS 1 (behind-the-meter storage, 200–5,500 kWh) for local optimization, BESS 2 (front-of-the-meter storage, 3,000–20,000 kWh) for electricity trading and balancing power, and BEO Power, a 100% green electricity tariff with origin guarantees. An Energy Management System (EMS) combines purchase optimization, grid-fee reduction, PV optimization, and Intraday/Day-Ahead trading and frequency-regulation services to deliver up to 50% electricity cost reductions, with contractually guaranteed savings and no upfront customer investment.
The company's technology architecture is built around a Virtual Power Plant that aggregates storage across multiple customer sites, enabling coordinated bidding into wholesale electricity and balancing-power markets that single-site operators cannot access. Co-Power states that more than 400 industrial companies trust BEO for their energy storage and optimization needs, with named customers spanning logistics (Voigt), automotive (Hörmann Automotive), tools manufacturing (Wiha), chemicals (Pulcra Chemicals), and glass (Frerichs Glas).
The business model is managed-services Battery-Energy-as-a-Service: Co-Power carries all capex, grid-expansion costs, and operating risk on its own balance sheet and recoups revenue from the savings it delivers plus trading revenues. Go-to-market is direct enterprise field sales with a 5-step onboarding process (360° potential analysis, grid application and authority management, financing and installation, go-live, continuous optimization), supported by a website-driven content marketing motion. In June 2025, Co-Power closed a €6.4M seed round led by Cherry Ventures to expand deployment across Europe and formally launch the industrial Virtual Power Plant.
Co-Power firmographics
Firmographics- Name
- Co-Power
- Legal name
- Co-Power Energy GmbH
- Website
- https://copower.energy
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Co-Power (brand: BEO) is a Munich-based Battery-Energy-as-a-Service provider that finances, installs, and operates industrial battery storage systems for European industrial customers, delivering up to 50% energy cost reductions through an Energy Management System and a Virtual Power Plant.
- Ownership category
- akta.pro rank
Co-Power industry classification
Industry- Product category
- Battery Energy Storage as a Service
- NAICS
- Electric Power Generation (22111)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)
- akta.pro secondary industry
- BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG)
Keywords
Where Co-Power is headquartered
LocationHeadquarters
- HQ city
- Munich
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Co-Power business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Infrastructure, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Battery-Energy-as-a-Service: BEO finances, installs, and operates battery storage systems directly at the customer's company site. Customers pay nothing upfront, bear no operational effort or risk. BEO generates revenue by delivering guaranteed energy cost savings while capturing additional revenue from electricity trading and balancing power services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | BESS 1 (BTM-Speicher) - Local optimization |
| Other | Multi-year contract | BESS 2 (FTM-Speicher) - Trading and balancing power |
| Subscription | Monthly | BEO Power - Green electricity tariff |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Co-Power product offering
Product offeringCore offering
Co-Power (BEO) finances, installs, and operates industrial-scale battery storage systems at customer sites in Germany and broader Europe, combining Behind-the-Meter and Front-of-the-Meter storage with a proprietary Energy Management System and a green electricity tariff. The company delivers up to 50% energy cost reduction through procurement optimization, grid-fee reduction, PV optimization, and trading of residual capacity on Intraday/Day-Ahead and balancing-power markets. Customers pay no upfront investment and receive contractually guaranteed savings under multi-year Battery-Energy-as-a-Service agreements.
Product overview
Co-Power (operating as BEO - Battery Energy Organization) offers a Battery-Energy-as-a-Service model consisting of three modular components: BESS 1 (Behind-the-Meter storage for local optimization), BESS 2 (Front-of-the-Meter storage for electricity trading and grid services), and BEO Power (100% green electricity tariff optimized for battery storage). The company finances, installs, and operates battery storage systems at customer facilities, combining these components to deliver up to 50% energy cost reductions through purchase optimization, grid fee reduction, PV optimization, and electricity trading.
Differentiator
Problem solved
Functional benefit
Products and services
- BESS 1 (BTM-Speicher) Behind-the-Meter battery storage system (typical 200–5,500 kWh capacity, 10–50 sqm footprint) installed on the customer's site and integrated into the local electrical infrastructure using the existing grid connection. Used for electricity procurement optimization, grid-fee reduction, PV optimization, and trading of residual capacity. Sold to European industrial companies as part of a managed service.
- BESS 2 (FTM-Speicher) Front-of-the-Meter battery storage system (typical 3,000–20,000 kWh capacity, 50–300 sqm footprint) connected to the public medium-voltage grid, used primarily for electricity trading and balancing-power services, and re-deployable to local applications when more profitable. Sold to European industrial companies as part of a managed service.
- BEO Power (Green Electricity Tariff) 100% green electricity tariff with origin certificates, optimally coordinated with BESS 1 for purchase optimization. BEO advises customers on the optimal pricing design (e.g., dynamic electricity tariff vs. forward-market tariff) based on the customer's load profile. Sold on a subscription basis to European industrial companies.
- Virtual Power Plant Aggregation of distributed battery storage systems across multiple customer sites into a single coordinated 'virtual power plant', enabling higher savings through pooled optimization and participation in electricity trading (Intraday, Day-Ahead) and balancing-power markets. Provided as part of Co-Power's managed service offering to European industrial companies.
Quantifiable outcome
- Up to 50% reduction in electricity costs
- +4 more outcomes
Companies that use Co-Power
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
Co-Power technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
Co-Power partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BEO Installation PartnerscoreBEO partners with installation partners who install the battery storage systems on-site at customer locations. BEO and its partners handle the complete installation process and ensure a smooth start-up.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Co-Power competitors and assessment
Company assessmentEmerging players
- Stem Inc. US-listed AI-driven clean energy storage and optimization provider for commercial and industrial customers, using machine learning to dispatch BESS for bill savings and grid services. Comparable AI/EMS optimization layer for industrial BESS, though operating primarily in North America.
Direct peers
- Lichtblick: German energy provider operating a large-scale Virtual Power Plant aggregating distributed assets (BESS, CHP, heat pumps) and selling flexibility to wholesale markets. Closest direct peer to Co-Power's industrial VPP model, though Lichtblick's historical focus is residential/SME rather than industrial behind-the-meter.
- Next Kraftwerke: Cologne-based VPP operator that aggregates distributed energy assets across Europe and trades them on Intraday, Day-Ahead, and balancing power markets. Directly comparable to Co-Power's trading/balancing power business line and a likely competitor for industrial flexibility aggregation in Germany.
- Sonnen (Shell-owned): German residential and small-commercial BESS provider now backed by Shell, offering integrated home storage, energy management, and VPP services. Comparable in BESS + EMS + VPP stack, though primarily residential rather than industrial scale.
- Energy Pool: France-based flexibility aggregator and BESS-as-a-service provider for industrial and commercial sites across Europe. Operates a similar industrial BTM storage model with VPP trading, making it a direct competitor for Co-Power's planned European expansion.
- GridBeyond: Ireland-based energy technology company providing AI-driven battery storage optimization and demand response for industrial and commercial customers across Europe. Directly comparable in targeting industrial energy cost reduction through BESS optimization.
Broad incumbents
- Fluence Energy: Global BESS integrator and IPP joint venture of Siemens and AES, delivering utility-scale and commercial storage projects with grid services software. A broader incumbent with overlapping capabilities in BESS deployment, trading, and asset management.
- Tesla Energy: Tesla's energy business (Powerwall, Megapack, Autobidder trading software) is a broad incumbent in BESS hardware, VPP trading, and behind-the-meter storage. Comparable in the industrial VPP and balancing-power domains, with much greater scale and balance sheet.
- E.ON: Major German/European utility with industrial energy supply, BESS solutions, and demand-side flexibility offerings. Overlaps with Co-Power's BEO Power tariff, industrial customer segment, and grid services capabilities, but as part of a much wider energy portfolio.
- EnBW: German integrated utility with significant investments in utility-scale BESS, industrial customer energy solutions, and renewable energy. Competes with Co-Power in the German industrial BTM and grid-services market from an incumbent position.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Co-Power social profiles
Digital presenceCo-Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Co-Power leadership team
Management profileNumber of profiles
Profiles1 record
Co-Power funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Co-Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Co-Power
What does Co-Power do?
Co-Power (BEO) finances, installs, and operates industrial-scale battery storage systems at customer sites in Germany and broader Europe, combining Behind-the-Meter and Front-of-the-Meter storage with a proprietary Energy Management System and a green electricity tariff. The company delivers up to 50% energy cost reduction through procurement optimization, grid-fee reduction, PV optimization, and trading of residual capacity on Intraday/Day-Ahead and balancing-power markets. Customers pay no upfront investment and receive contractually guaranteed savings under multi-year Battery-Energy-as-a-Service agreements.
Is Co-Power a public or private company?
Co-Power is a private company. It is classified as venture growth investor backed and is currently operating.
When was Co-Power founded?
Co-Power was founded in 2024. It employs 1 to 10 people.
Where is Co-Power based?
Co-Power is headquartered in Munich, Germany, in the Europe region.
How does Co-Power make money?
One revenue line is on record: battery-Energy-as-a-Service.
Who are Co-Power's main competitors?
Stem Inc. is listed as an emerging player. Direct peers are Lichtblick, Next Kraftwerke, Sonnen (Shell-owned), Energy Pool and GridBeyond. Broad incumbents are Fluence Energy, Tesla Energy, E.ON and EnBW.
Does Co-Power have an API?
No public API is recorded for Co-Power.
What industry is Co-Power in?
Co-Power's product category is Battery Energy Storage as a Service. Its primary akta.pro industry code is EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer), with a secondary code of EUAFAAAG, BESS Operations, Maintenance & Asset Performance Management (APM). Its NAICS code is 22111 and its SIC code is 4911.