NHOA

What NHOA does

NHOA Energy S.r.l., formerly ENGIE Eps and rebranded in 2021, is a vertically integrated utility-scale Battery Energy Storage System (BESS) provider headquartered in Milan, Italy. The company designs, engineers, manufactures, and commissions battery storage projects using a proprietary technology stack comprising the NHEXUS all-in-one Power Conversion Station, the fifth-generation C-BESS2000 inverter (>99% peak efficiency, grid-forming, black-start capable), the PROPHET control platform (IEC 62443-compliant, sub-400ms response), and pre-integrated batteries from tier-1 manufacturers. All R&D and production activities are concentrated in Italy at the Cosio Valtellino facility, with global delivery executed through four regional hubs covering EMEA, Asia, Americas, and Australia & Pacific, supported by wholly-owned subsidiaries in the UK, Belgium, Spain, Taiwan, the USA, Peru, and Australia.

The business model is anchored on turnkey Engineering, Procurement and Construction (EPC) delivery of projects ranging from 10 MW to 240+ MW power ratings and 2-10+ hour storage durations, complemented by multi-year Long-Term Service Agreements (LTSAs) that include preventive and corrective maintenance, AI-powered predictive maintenance via the K-Wize monitoring platform, and guaranteed availability commitments. Customers are primarily utilities, transmission and distribution system operators, independent power producers, and large industrial or mobility players (including ENGIE, Neoen, EnergyAustralia, Synergy, ERG, Eku Energy, Varco Energy, Red Eléctrica de España, and Stellantis). Projects are won through competitive tenders and capacity mechanisms such as Italy's MACSE, Belgium's CRM auction, and Australia's SWIS, with pricing negotiated on a project-by-project basis. NHOA Energy is a privately held subsidiary of NHOA S.A., itself owned by Taiwan-based TCC Group Holdings, and is recognized by BloombergNEF as a Tier 1 Energy Storage Provider, with reported FY2023 NHOA Group revenue of €194 million in the first nine months against a target of €250-280 million for the full year.

Name

NHOA

Legal name

NHOA Energy S.r.l.

Website

https://nhoa.energy

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

251–500 employees

Short description

NHOA Energy is a vertically integrated utility-scale battery energy storage system (BESS) provider offering proprietary power conversion and control technology, turnkey EPC delivery, and long-term O&M services to utilities, grid operators, independent power producers, and large industrials across four regional hubs covering five continents.

Ownership category

akta.pro rank

Product category

Utility-Scale Battery Energy Storage Systems

NAICS

Electric Power Generation, Transmission and Distribution (2211), Battery Manufacturing (33591), Electric Power Generation (22111)

SIC

Switchgear & Switchboard Apparatus (3613), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Motors & Generators (3621)

akta.pro primary industry

Utility-Scale BESS EPC & Integration (EUAEAEAA)

akta.pro secondary industries

BESS OEMs (Containerized Systems, Racks, Turnkey Solutions) (EUAFAAAC), BESS O&M and Lifecycle Services (Warranty, Spares, Monitoring) (EUAEAEAM), Energy Management Systems (EMS), SCADA & Dispatch/Optimization Software for Storage (EUAFAAAF)

Keywords

• Utility scale BESS
• Battery energy storage systems
• Power conversion systems
• Grid scale storage EPC
• Energy storage O&M

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. BESS Hardware Sales (EPC): Turnkey Engineering, Procurement and Construction (EPC) delivery of utility-scale BESS projects. The company designs, procures, constructs and commissions BESS systems for customers, providing a complete bankable wrap. Revenue recognized upon project delivery and commissioning. Projects span from 10 MW to 100+ MW power ratings with multi-hour storage durations (2 to 10+ hours).
2. Long-Term Service Agreements (LTA/OST): Comprehensive operation and maintenance contracts for BESS assets over multi-year terms. Services include preventive and corrective maintenance, predictive maintenance powered by AI, warranty and lifecycle management, integrated logistics for spare parts, advanced analytics dashboards, and guaranteed system availability commitments. Revenue is recurring over the contract term.
3. Professional Services: Training services on full product suite, empowering on-site teams with skills for seamless operations and long-term system success. Part of broader client partnership approach.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

NHOA Energy designs, engineers, procures, constructs, and commissions vertically integrated utility-scale Battery Energy Storage Systems (BESS) ranging from 10 MW to 100+ MW with 2 to 10+ hour storage durations, combining proprietary power conversion electronics (NHEXUS, C-BESS2000), the PROPHET control platform, and tier-1 batteries, delivered through turnkey EPC contracts and supported by multi-year O&M service agreements underpinned by the K-Wize AI-driven monitoring platform.

Product overview

NHOA Energy offers a vertically integrated BESS technology platform consisting of the NHEXUS all-in-one Power Conversion Station, C-BESS2000 advanced inverter, PROPHET control system, Smart MV Connection, and Battery Integration capabilities. The platform combines pre-selected top-tier battery technology with proprietary power electronics and control systems, offering sizing flexibility from 2 to 10+ hour durations. Supporting the technology platform, NHOA provides turnkey EPC delivery services and long-term O&M services through its proprietary K-Wize cloud-based monitoring platform with AI-driven predictive maintenance capabilities. The company operates across four regional hubs (EMEA, Asia, Americas, Australia & Pacific) delivering utility-scale energy storage systems globally.

Differentiator

Problem solved

Functional benefit

Brands

• K-Wize: Proprietary web-based remote monitoring and supervision platform for BESS management, supporting predictive maintenance and AI-driven monitoring.

Products and services

• NHEXUS Power Conversion Station All-in-one Power Conversion Station condensing power electronics and power plant control into a single pre-assembled subsystem, with pre-integrated MV switchgear, transformer, and oil-retention tank, designed for utility-scale BESS deployment in IEC and UL configurations.
• C-BESS2000 Inverter Fifth-generation advanced inverter designed for seamless integration with multiple battery enclosures, featuring grid-forming operation, black start capability, short-circuit current injection, and peak efficiency above 99%.
• PROPHET Control Platform Integrated Power Plant Controller with data acquisition and plant supervision in a single cybersecure architecture (IEC 62443-compliant), with ultra-fast response time (<1 ms) for the most demanding TSO requirements and full interoperability with NHOA and third-party PCS/battery systems.
• K-Wize Monitoring Platform Proprietary web-based cloud platform for remote monitoring, supervision, predictive maintenance, and AI-driven analytics of BESS assets, enabling proactive decision-making and measurable performance gains for clients across the asset lifecycle.
• Engineering, Procurement, and Construction (EPC) Delivery Turnkey EPC service covering full-scope project and risk management, civil/mechanical/electrical installation, and commissioning for utility-scale BESS projects, with bankable project finance track record and on-time/on-budget delivery.
• Long-Term Service Agreement (LTSA) and O&M End-to-end multi-year operation and maintenance service for BESS assets including preventive and corrective maintenance, AI-powered predictive maintenance, warranty and lifecycle management, integrated spare parts logistics, advanced analytics, and guaranteed system availability.

Quantifiable outcome

• Delivered approximately 30% of total capacity awarded for Italy's Fast Reserve ultra-rapid frequency regulation pilot project (Terna)
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered core, minor and flagship.

• Varco EnergycoreChannel Partner/ Reseller/ Distributor · 1 June 2026Varco Energy, a UK-based battery storage asset owner and operator backed by Adaptogen Capital Battery Storage Fund, selected NHOA Energy (and IQA-Elecnor) for the 100 MW / 244 MWh Old Allen Road BESS in West Yorkshire, UK. NHOA serves as BESS supplier. This represents a strategic expansion of NHOA's presence in the UK market through a partnership with a specialized BESS asset operator.
• IQA-ElecnorminorImplementation/ SI/ Consulting Partner · 1 June 2026IQA-Elecnor, alongside NHOA Energy, was selected by Varco Energy for the 100 MW Old Allen Road BESS project in the UK. IQA-Elecnor provides installation and construction services while NHOA Energy supplies the BESS technology.
• EnergyAustralia and EnervencoreStrategic or Co-development Partner · 1 February 2026EnergyAustralia, Enerven, and NHOA Energy jointly launched the Hallett Battery project (245 MWh) in South Australia. EnergyAustralia provides project ownership and financing, Enerven delivers construction services, and NHOA Energy supplies the BESS technology. Financial close was reached in February 2026.
• ENGIEflagshipStrategic or Co-development Partner · 1 December 2025ENGIE is NHOA Energy's most significant strategic partner. NHOA has been awarded multiple BESS contracts from ENGIE including the Drogenbos 80 MW/320 MWh BESS (December 2025), Kallo 400 MWh BESS (2025), and Fast Reserve projects in Italy. The partnership spans EMEA markets (Belgium, Italy) and involves supply, commissioning, and long-term service agreements. NHOA serves as BESS technology supplier while ENGIE serves as project developer and owner.
• ERGminorStrategic or Co-development Partner · 1 November 2025ERG, a leading international independent renewable power producer, partnered with NHOA Energy for the Vicari BESS (12.5 MW/50 MWh) in Sicily. NHOA designed, built, and commissioned the project as BESS supplier and EPC contractor. 5-year service contract. The project couples BESS with ERG's wind farms and was commissioned November 2025.
• Eku EnergycoreStrategic or Co-development Partner · 1 August 2025Eku Energy, a global energy storage specialist, partnered with NHOA Energy to commission two BESS projects in the UK: Basildon (28 MW/56 MWh) in Essex and Loudwater (39 MW/55 MWh) in Buckinghamshire. Total 130 MWh. NHOA supplies BESS equipment and provides long-term O&M services under separate service agreements. Both projects reached commercial operation in August 2025.
• Elecnor (Elecnor Australia)coreImplementation/ SI/ Consulting Partner · 1 April 2025Elecnor (and Elecnor Australia) is a long-standing implementation partner for NHOA Energy, particularly in Australia. The companies jointly delivered the Blyth Battery (477 MWh) for Neoen in South Australia. Elecnor provides construction and civil works capabilities that complement NHOA's BESS technology and EPC delivery model.
• Red Eléctrica de EspañaminorStrategic or Co-development Partner · 1 November 2024NHOA Energy signed agreements with Red Eléctrica de España (Spanish TSO) for the supply of two BESS projects in the Balearic Islands. Total power of 140 MW and 105 MWh energy capacity. Execution activities started November 2024.
• SynergycoreStrategic or Co-development Partner · 1 January 2023Synergy, Western Australia's state-owned energy producer and retailer, partnered with NHOA Energy for the Kwinana BESS (K-BESS) project — the first utility-scale BESS connected to the SWIS. Commissioned in 2023, K-BESS provides critical FCAS and Fast Frequency Regulation to the Western Australian grid.

Scale indicators9 records

Recent moves6 records

Expansion highlights2 records

Direct peers

• BYD Energy Storage: BYD is a vertically-integrated BESS manufacturer with in-house LFP cell production, supplying utility-scale storage globally — directly competing with NHOA and offering the in-house cell advantage NHOA lacks.
• Tesla Energy (Megapack): Tesla's Megapack business is a direct competitor in utility-scale BESS, leveraging in-house LFP cells and integrated controls — competing on scale, cost and speed-to-deploy against NHOA's vertically-integrated NHEXUS platform.
• Wärtsilä Energy Storage: Wärtsilä's energy storage business delivers grid-scale BESS with proprietary GridSolv hardware and GEMS digital platform — competing directly with NHOA's EPC + NHEXUS + K-Wize stack in Europe, Australia and the Americas.
• Saft (TotalEnergies): Saft is a Tier 1 BESS provider (under TotalEnergies) manufacturing in-house battery systems with utility-scale storage projects — directly competing with NHOA in European tenders, especially for ENGIE and other French utilities.
• Fluence Energy: Fluence is a direct BESS peer, co-founded by AES and Siemens, delivering utility-scale energy storage with proprietary hardware, software and services globally — competing head-to-head with NHOA in tenders and customer accounts.
• Sungrow Power Supply: Sungrow is one of the world's largest BESS integrators and a BloombergNEF Tier 1 provider, supplying utility-scale storage with proprietary PCS and inverters — direct competition across EMEA, Asia-Pacific and the Americas.

Emerging players

• CATL (Contemporary Amperex Technology): CATL is the world's largest battery cell maker expanding aggressively into utility-scale BESS systems — emerging as both a potential battery supplier to and competitor of NHOA in Tier 1 utility tenders.
• Eos Energy Enterprises: Eos is an emerging BESS player targeting long-duration utility-scale storage with proprietary zinc battery chemistry — competing for the same utility customers as NHOA but focused on a different cell technology and use case.

Broad incumbents

• ABB: ABB is a broad incumbent in power electronics and grid infrastructure offering BESS PCS, switchgear and grid-forming inverters — overlapping with NHOA's C-BESS and NHEXUS as part of a wider portfolio rather than a dedicated BESS platform.
• Siemens Energy: Siemens Energy offers BESS solutions through its grid technologies and Siemens Gamesa heritage — a broad incumbent serving similar utility customers with storage as part of a wider generation and T&D portfolio.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/nhoaenergy
• LinkedInlinkedin.com/company/nhoa-energy

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NHOA