TGN Energy

What TGN Energy does

TGN Energy AS is a Norwegian energy management systems provider founded in 2019 and headquartered in Nøtterøy, operating in Norway, Sweden and Spain. The company's flagship offering, TGN Grid, is a smart energy management platform that integrates battery energy storage systems (BESS), solar PV, EV chargers and flexible loads (HVAC, industrial processes) into a unified network. It is delivered via three software layers: TGN FlexControl (on-site microgrid controller using Modbus TCP/IP), TGN Aggregate (cloud-based virtual power plant platform with fleet management, reporting and energy-market participation) and TGN Optimize (behind-the-meter cost-minimization algorithm that learns from historical consumption and production data). The platform is sold in three tiers — TGN Basic, TGN Industry and TGN Power — targeting commercial and industrial businesses, property owners and developers.

TGN Energy generates revenue through a mix of hardware sales, EPC project delivery, Energy-as-a-Service (EaaS) recurring service contracts, software subscriptions via TGN Aggregate, and transaction-based revenue from monetizing customer batteries in Nordic ancillary service markets (FCR, FFR, mFRR) via Statnett, Elvia, Euroflex, NODES and Statkraft. The company pursues a sales-led GTM motion with dedicated field sales teams per geography, supported by a partner ecosystem of more than 20 hardware, installation and market-platform partners including Hitachi Energy Grid Edge Solutions, Pixii, CATL, Evyon, Bryte Batteries, Isola Solar, Eidsiva, 42 Energy and others. Reference deployments include Rørosmeieriet (1 MW / 1.1 MWh emergency power), Intility Arena (1 MW / 2.2 MWh EaaS), Revac AS (500 kW / 1.1 MWh plus 700 kWp solar), Sagamoen Eiendom, Fevang, Steiner Fastigheter, Logistea, JAFAB, Meny, Lett-Tak, Bygdin Høifieldshotell, and the 6 MW / 7.5 MWh BESST Linköping system, claimed as the fastest battery deployment of its size in Nordic history. The company was co-founded by Tommy Bønsnæs (CEO) and Fredrik Andersson (CTO) and operates with 1–10 employees.

Name

TGN Energy

Legal name

TGN Energy AS

Website

https://tgnenergy.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

TGN Energy AS is a Norwegian energy management provider serving commercial, industrial and property-owner customers with TGN Grid — an integrated BESS, solar and demand-flexibility platform — across Norway, Sweden and Spain, monetized via hardware sales, EPC, Energy-as-a-Service and Nordic ancillary-service markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Nøtterøy

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Management System Sales and Installation: TGN Energy designs, delivers, and manages complete microgrid solutions including battery storage, solar PV, peak shaving, EV charging. Revenue generated from system sales and installation services, with options for turn-key systems or standalone installations.
2. Energy-as-a-Service (EaaS): The company offers solutions on an EaaS model where customers do not make upfront capital investments. Instead, the company provides complete battery and control systems with customers paying for energy services, enabling new revenue streams from energy market participation without investment costs.
3. Software Platform Services: TGN Aggregate cloud platform provides fleet management, energy market participation, reporting, and monitoring services. TGN FlexControl enables local control and optimization. TGN Optimize provides behind-the-meter optimization.
4. Grid Support Services Revenue: Batteries participate in flexibility and reserve power markets including FCR (Frequency Containment Reserve), FFR (Fast Frequency Reserve), and mFRR through platforms like Statnett, Elvia, Euroflex, and NODES, generating additional revenue for customers.
5. EPC Contracts and Project Management: TGN Energy offers comprehensive solutions including complete EPC (Engineering, Procurement, Construction) contracts and project management services to ensure successful execution of energy projects.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

TGN Energy designs, delivers, and operates TGN Grid, an integrated smart energy management platform that combines battery energy storage systems (BESS), solar PV, EV charging, and flexible loads under a proprietary control stack (FlexControl, Aggregate, Optimize). Solutions are deployed as turn-key systems or standalone installations for commercial and industrial businesses and property owners, and are also offered under an Energy-as-a-Service (EaaS) model where customers pay for energy services without upfront capital investment.

Product overview

TGN Energy offers TGN Grid, a comprehensive smart energy management platform consisting of hardware and software components. The core system includes TGN FlexControl (intelligent local controller/microgrid controller), TGN Aggregate (cloud-based virtual power plant platform), and TGN Optimize (behind-the-meter energy optimization module). Three product tiers serve different market segments: TGN Basic (simple installations), TGN Industry (industrial facilities with complex load management), and TGN Power (large-scale/utility assets). The platform integrates battery storage, solar PV, EV charging, and flexible loads to enable peak shaving, energy arbitrage, reserve power market participation, and demand response. Solutions are delivered as turn-key EPC contracts or through an Energy-as-a-Service model.

Differentiator

Problem solved

Functional benefit

Brands

• TGN FlexControl: The intelligent microgrid controller and central command system for managing energy flows and optimizing operations.
• TGN Aggregate
• TGN Optimize
• TGN Grid
• TGN Basic
• TGN Industry
• TGN Power

Products and services

• TGN Grid Flagship smart energy management system that integrates local energy production (solar PV, wind), battery energy storage systems (BESS), and energy consumption into a unified network for commercial and industrial businesses and property owners. Enables buildings to become virtual power plants that store, manage, and sell surplus energy.
• TGN FlexControl Intelligent microgrid controller that manages dispatchable loads, solar production, and energy storage systems. Supports Modbus TCP/IP communication with hardware components including NXT Step CyberBox, TGN HMI operator panel, PLIO modules, and Carlo Gavazzi/Acuvim power meters. Enables islanding capabilities for backup power during outages.
• TGN Aggregate Cloud-based Virtual Power Plant platform that aggregates energy resources, enables participation in energy markets (intra-day trading, reserve power markets), provides fleet management capabilities, real-time monitoring, and comprehensive reporting with digital signatures for authenticity.
• TGN Optimize

Quantifiable outcome

• Reduced peak loads by up to 25% for Rørosmeieriet, resulting in significant electricity bill savings
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature6 records

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• EidsivacoreStrategic or Co-development PartnerCollaboration with Eidsiva on Intility Arena project - Norway's most technologically advanced football stadium. Delivered complete battery and control system via Energy-as-a-Service model enabling peak shaving, blackout prevention, and flexibility market participation.
• Hitachi Energy Grid Edge SolutionscoreTechnology or IntegrationStrategic partner providing BESS technology including e-mesh Energy Storage systems. Collaboration on BESST Linköping project (6MW battery) and multiple customer installations including Rørosmeieriet, Fevang, Logistea, and Revac.
• Isola SolarcoreChannel Partner/ Reseller/ DistributorSolar PV installation partner for multiple projects including Sagamoen Eiendom (1650 kWp), Lett-Tak Systemer (52 kWp), Revac (700 kWp), and Fevang Rosenkrantzgata (150 kWp).
• 42 EnergycoreStrategic or Co-development PartnerOwner of BESST Linköping project. Collaboration on deployment of 6MW battery system for Swedish reserve market participation - fastest deployment of battery system this size in Nordic region history.
• PixiimajorTechnology or IntegrationBattery storage technology provider for multiple installations including JAFAB (400kW/400kWh), Bygdin Høifieldshotell (100kW/100kWh), Dot Duozink (200kW/200kWh), Steiner Fastigheter (multiple PowerShapers), and Vestfold/Telemark fylkeshus.
• EvyonmajorTechnology or IntegrationBattery technology provider for projects including Lett-Tak Systemer (215 kWh) and Gran VVS (132 kWh).
• Skagrak EnergiminorStrategic or Co-development PartnerCollaborated on C. Christoffersen project including EV charging infrastructure development alongside TGN Energy solutions.
• CATLmajorTechnology or IntegrationBattery cell provider for Logistea project alongside TGN Power system and Hitachi Energy BESS (1 MW / 1.1 MWh).
• ElviamajorTechnology or IntegrationLocal distribution system operator enabling Intility Arena battery participation in local flexibility markets alongside national Statnett reserve markets.
• Solar NorgeminorChannel Partner/ Reseller/ DistributorListed as partner company in TGN Energy partner ecosystem.
• SolcellekraftminorChannel Partner/ Reseller/ DistributorListed as partner company in TGN Energy partner ecosystem.
• EnergihusetminorChannel Partner/ Reseller/ DistributorListed as partner company in TGN Energy partner ecosystem.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tgnenergy
• Facebookfacebook.com/tgnenergy
• LinkedInlinkedin.com/company/tgn-energy
• TikToktiktok.com/@tgn.energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 TGN Energy