BOS Power

What BOS Power does

BOS Power is a Nordic systems integrator headquartered in Bergen, Norway, delivering power generation, battery energy storage, and marine propulsion solutions across Norway, Sweden, Denmark, and Finland. Founded in 1995 (under the current brand since 2020 via the acquisition of Holm Technoscan A/S), the company operates from 12 locations with 240 employees and is part of the Bertel O. Steen Group. As the sole authorized mtu/Rolls-Royce Power Systems distributor for the Nordic region, BOS Power packages diesel and gas generator sets, DRUPS, turnkey BESS, and electric, hybrid, and conventional propulsion systems into full-scope EPC deliveries covering design, installation, commissioning, and 24/7 lifecycle service.

The product portfolio spans three interconnected domains: power generation and emergency power (diesel/gas generators, DRUPS, hybrid power with heat recovery); energy storage (grid-scale and marine BESS including grid code compliance and ancillary services); and marine propulsion (mtu engines, Servogear Ecoflow CPP systems, SCR aftertreatment for IMO Tier III, and fully electric packages). A proprietary MOVEe Power and Energy Management System (PEMS) and a cloud-based digitalization platform unify control and remote monitoring across product lines. Seven wholly-owned subsidiaries (Servogear, Elektromatik, Eanor, Eptech, Mecmar, Gen Tech, PCBI) provide specialized capabilities in CPP, backup power, emergency power, and marine exhaust systems.

Revenue is generated through hardware sales (equipment supply and EPC delivery) and recurring service contracts (preventive and predictive maintenance, 24/7 monitoring, spare parts). Customers include data center operators, hospitals (e.g., Nye Rikshospitalet Oslo), transit and ferry operators (Molslinjen, Torghatten), Norwegian and Danish government agencies (DALO, Norwegian Directorate of Fisheries), renewable energy developers (Eurowind Energy, CIC, Twig Energy), shipyards (Fjellstrand, Oma Baatbyggeri, Maritime Partner), tourism operators, and aquaculture operators. Reported revenue was approximately NOK 1.1 billion in 2023, up from approximately NOK 200 million a few years earlier.

Name

BOS Power

Legal name

BOS Power AS

Website

https://bospower.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

BOS Power is a Nordic systems integrator headquartered in Bergen, Norway, delivering power generation, battery energy storage, and marine propulsion solutions across Norway, Sweden, Denmark, and Finland. As the sole authorized mtu/Rolls-Royce Power Systems distributor in the region, it serves data centers, hospitals, ferry operators, utilities, and governments with full-scope EPC and lifecycle service.

Ownership category

akta.pro rank

Product category

Power Generation and Marine Propulsion Systems

NAICS

Electric Power Generation (22111), Turbine and Turbine Generator Set Units Manufacturing (333611), Electric Power Transmission, Control, and Distribution (22112)

SIC

Motors & Generators (3621), Engines & Turbines (3510), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Utility-Scale Power Generation Asset Management (EUAEAMAA)

akta.pro secondary industry

Power Plant I&C / SCADA / DCS EPC (EUAEAAAN)

Keywords

• Power generation systems
• Marine propulsion systems
• Battery energy storage
• Emergency power solutions
• Systems integration services

Headquarters

HQ city

Bergen

HQ country

Norway

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Power Generation Systems: Sale and installation of diesel generator sets, gas generator sets, and DRUPS systems for emergency and backup power applications. Revenue generated from equipment supply, engineering, installation, and commissioning services for data centers, hospitals, and critical infrastructure.
2. Marine Propulsion Systems: Complete propulsion solutions including diesel-mechanical, diesel-electric, battery-electric, and hybrid systems. Revenue from propulsion systems, generator sets, propulsion engines, automation systems, and exhaust gas aftertreatment for commercial marine vessels.
3. Battery Energy Storage Systems (BESS): Turnkey BESS contracts for utility, industrial, and transportation applications. Full EPC delivery including design, civil works, mechanical/electrical installation, commissioning, and lifecycle services with 24/7 monitoring and maintenance.
4. Service and Aftermarket: Comprehensive lifecycle support including preventive and predictive maintenance, 24/7 remote monitoring, software updates, operational advisory, and spare parts supply. Service agreements (standard or customized) with 24/7 support from experienced technicians.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

BOS Power is a Nordic systems integrator delivering complete power generation, energy storage, and marine propulsion solutions. The company engineers, supplies, installs, and services integrated systems including diesel/gas generator sets, DRUPS, Battery Energy Storage Systems (BESS), and electric/hybrid marine propulsion systems for data centers, hospitals, ferry operators, shipyards, and utility customers across Norway, Sweden, Denmark, and Finland. Operating as the sole authorized distributor for mtu/Rolls-Royce Power Systems products in the Nordic region, BOS Power provides full lifecycle responsibility from design through commissioning to 24/7 aftermarket service.

Product overview

BOS Power operates as a systems integrator delivering three interconnected product domains: marine propulsion (electric, hybrid, and conventional propulsion systems), power generation and emergency power (diesel/gas generators, DRUPS), and energy storage (BESS). The product ecosystem is unified through proprietary management systems—MOVEe PEMS for power/energy management and PCS for propulsion control—that integrate across all product lines. The portfolio spans physical products (engines, generators, batteries, propellers) combined with lifecycle services (engineering, installation, commissioning, maintenance) across Norway, Sweden, Denmark, and Finland, with subsidiaries Servogear, Elektromatik, PCBI, and Gen Tech extending capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Electric Propulsion Complete electric and battery propulsion solutions for zero-emission vessel operations, including battery systems, electric motors, and power management for passenger vessels, ferries, and work boats.
• Hybrid Propulsion Hybrid propulsion combining battery power with conventional diesel or gas engines for reduced fuel consumption and emissions while maintaining operational flexibility.
• Battery Energy Storage System (BESS) Grid-scale and marine battery energy storage systems for load balancing, renewable integration, peak shaving, and backup power across utility, industrial, and transportation applications.
• DRUPS (Diesel Rotary Uninterruptible Power Supply) Continuous emergency power systems combining diesel generators with rotary UPS technology for uninterrupted power supply to critical infrastructure including hospitals and data centers.
• Diesel Generator Set Diesel-powered generator sets for emergency, backup, and prime power applications across data centers, hospitals, and industrial facilities.
• Gas Generator Set Gas-powered generator solutions for backup and prime power applications with lower emissions than diesel alternatives.
• Marine Generator Set mtu marine generator sets for ship propulsion and on-board power generation.
• Propulsion Engines mtu propulsion engines for marine vessels, including diesel-mechanical and hybrid configurations.
• BOS Power S2000 IMO Tier III Compact diesel engine combined with SCR aftertreatment achieving IMO Tier III emissions compliance for ECA area operations. Power range 720-1440 kW, certified by DNV.
• Hydrogen Solutions Hydrogen production through electrolysis and fuel cell technology for climate-neutral marine and power generation applications.
• Electrolyzers Green hydrogen production through water electrolysis, supporting renewable energy storage and sustainable fuel production.
• Fuel Cells CO2-free power generation using hydrogen fuel cells for primary and backup power in data centers and critical infrastructure.
• Methanol Solutions Green methanol fuel technology for climate-neutral marine propulsion using mtu series engines adapted for sustainable fuels.
• Hybrid Power Systems Integrated hybrid power solutions combining gas generators, battery storage, and heat recovery for enhanced efficiency and grid stability.
• Lifecycle Services Comprehensive services spanning engineering, installation, commissioning, preventive and predictive maintenance, 24/7 remote monitoring, and operational support.

Quantifiable outcome

• 500+ MWh of delivered and contracted BESS capacity across Nordic region
• +4 more outcomes

Named customers20 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered strategic and core.

• HiTHIUMstrategicTechnology or Integration · 5 September 20253 GWh supply agreement signed for Nordic battery energy storage projects. HiTHIUM is a leading global battery manufacturer providing cells for BESS deployments.
• Gen Tech Oy (Subsidiary)coreTechnology or Integration · 1 January 2025Finnish company specializing in service and support for power generation equipment. Acquired to strengthen Finnish presence and service capabilities.
• PCBI Oy (Subsidiary)coreTechnology or Integration · 1 January 2024Finnish specialist provider acquired to expand Finnish presence. Location in Espoo serves industrial and marine customers.
• Mecmar AS (Subsidiary)coreTechnology or Integration · 1 January 2023Norwegian specialist in marine exhaust gas systems acquired to enhance marine portfolio. Has delivered 600+ systems globally to fast ferries, SAR vessels, navy vessels, and luxury yachts.
• Servogear AS (Subsidiary)coreTechnology or Integration · 1 January 2022Wholly-owned subsidiary specializing in controllable pitch propeller (CPP) systems, particularly the EcoFlow Propulsor. Servogear is a key component of BOS Power's marine propulsion offerings, delivering hybrid and electric propulsion solutions.
• Eanor AS (Subsidiary)coreTechnology or Integration · 1 January 2022Norwegian emergency power specialist acquired to expand capacity in Eastern Norway. Provides UPS and battery system solutions with 24/7 on-call service across Norway.
• Rolls-Royce Power Systems (mtu/RRPS)coreOEM/ Whitelabel/ Licensing Partner · 1 January 2020Sole authorized distributor and service partner for mtu/RRPS products and solutions in the Nordic region. Offers a wide range of products and services including genuine replacement parts, certified technicians, and training courses. This exclusive relationship provides access to proven propulsion and power generation technology.
• Elektromatik Power Generation AB (Subsidiary)coreTechnology or Integration · 1 January 2020Swedish subsidiary providing complete backup power solutions and services. Headquarters in Örnsköldsvik with additional office in Halmstad. Merged with Eptech to strengthen southern Sweden presence.
• Oma BaatbyggeristrategicStrategic or Co-development PartnerNorwegian shipyard partner for electric and hybrid ferry projects. Long-standing collaboration on propulsion system integration for aluminum catamarans.
• FjellstrandstrategicStrategic or Co-development PartnerNorwegian shipyard specializing in aluminum fast ferries. Partner for 55m electric catamaran project and Geirangerfjord II conversion.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wärtsilä: Finnish global leader in marine propulsion engines and energy storage systems. Directly comparable as a Nordic-headquartered systems integrator offering mtu/equivalent engines, BESS, hybrid propulsion, and lifecycle services to the same maritime and energy customers.
• ABB Marine & Ports: Global provider of electric and hybrid marine propulsion systems, power management, and automation. Competes head-to-head in the electric/hybrid ferry segment with overlapping propulsion, battery, and energy management offerings.
• Corvus Energy: Norwegian-Canadian supplier of marine battery energy storage systems for hybrid and fully electric vessels. Direct peer for the marine BESS layer of BOS Power's integrated offering, particularly relevant on ferry electrification tenders.
• Brunvoll: Norwegian manufacturer of marine propulsion and manoeuvring thrusters. Comparable as a Nordic specialist in vessel propulsion equipment with overlap on shipyard-driven electric and hybrid vessel projects.
• Fluence Energy: Global utility-scale battery energy storage system integrator with deep European presence. Direct peer for the grid-scale BESS EPC and asset management side of BOS Power's portfolio, including recent Nordic tenders.

Broad incumbents

• Kongsberg Maritime: Major Norwegian marine technology incumbent offering propulsion, automation, and vessel systems. A larger, broader-scope peer operating across many of the same Nordic shipyards and vessel operators.
• Vertiv: Global critical infrastructure power specialist offering UPS, DRUPS-adjacent solutions, thermal management, and monitoring services. Overlaps with BOS Power's data center, hospital, and emergency power business across the Nordics.
• Caterpillar Marine Power: Global manufacturer of marine engines and generator sets with broad service network. Comparable on diesel/gas generator sets and propulsion engines, competing for the same commercial marine and emergency power customers.
• Cummins Power Generation: Major global manufacturer of diesel and gas generator sets and integrated power systems. Overlaps directly with BOS Power's backup/emergency power and DRUPS business for data centers, hospitals, and utilities.
• MAN Energy Solutions: Global supplier of large-bore marine engines, turbochargers, and power plant solutions. Comparable as a competing propulsion engine OEM in marine and a relevant counterparty for hybrid and future-fuel vessel projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bospower

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about BOS Power