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Q Power

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uuid000d9us

Namestring
Q Power
Legal namestring
Q Power Oy
Websiteurl
qpower.fi
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Q Power Oy is a privately held Finnish technology company, founded in 2019 and headquartered in Parainen, that develops biological (biocatalytic) methanation technology for the Power-to-X market. Its core product is a fixed-bed bioreactor system that converts green hydrogen and captured carbon dioxide into synthetic methane (e-methane) using proprietary microorganisms originally isolated from Finnish wetlands. The process is reported to operate at 50-70°C with 82-83% energy efficiency and without rare-metal catalysts, scaling modularly from 50 kW to more than 20 MW.

The company's commercial offering comprises turnkey methanation plant deliveries, a System-as-a-Service model in which Q Power owns and operates the plant while delivering renewable fuel to the customer on a recurring fee basis, and ancillary expert services (Power-to-X consulting, techno-economic analysis, piloting via the mobile QPilot unit, and a Qvidja research farm acting as an integrated R&D and demonstration site). The portfolio also includes oxygen gasification and syngas fermentation technologies, and in 2025 was expanded to cover hydrogen production via a Schaeffler PEM electrolyzer partnership, CO2 recovery, and syngas upgrading.

Q Power serves enterprise customers in heavy industry, renewable power, biogas and landfill operators, heavy transport and maritime, and district heating. Named reference customers include P2X Solutions (3.3 MW Harjavalta plant, operational from April 2025), ST1, Outokumpu, Fortum, Keravan Energia, LSJH, and RĪGAS SILTUMS, with a 17 MW project in Åland under LOI via RedRock Energy. The company is founder-owned by Ilkka Herlin and Saara Kankaanrinta, holds more than 50 international patents, and targets 500 MW of annual renewable synthetic fuel production capacity by the end of the decade.

Short descriptiontext

Q Power is a Finnish privately held technology company that designs and operates biological methanation plants converting green hydrogen and captured CO2 into synthetic methane, serving enterprise customers in heavy industry, energy, and waste management via turnkey deliveries and a System-as-a-Service model.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersParainen, Finland
HQ citystring
Parainen
HQ countrystring
Finland
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
biological methanation, power-to-methane technology, synthetic fuel production, renewable energy solutions, biocatalytic methanation
Industry4 codes
1Synthetic Methane (Methanation) & E-Gas Production
CodeEUAJAJAIPrimaryYes
2Industrial Electrification of Drives & Equipment (Motors, VFDs, Compressed Air, Pumps)
CodeEUABAJAEPrimaryNo
3Power-to-Gas (P2G) / Electrolysis Integration & Operations
CodeEUAJAJAHPrimaryNo
4Synthetic Methane (SNG/e-methane) Storage & Grid Injection Interfaces
CodeEUAFAFADPrimaryNo
NAICS code1 code
  • Industrial Gas Manufacturing325120
SIC code1 code
  • Electric, Gas & Sanitary Services4900
Product category
Power-to-Methane Renewable Fuel Technology
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1System-as-a-Service (SaaS)
TypeManaged Services
Description

Q Power designs, constructs, operates, and maintains methanation plants. Customers receive renewable fuel production services for a recurring service fee. This model provides customers with hassle-free fuel production without capital investment in plant ownership.

qpower.fi
2Plant Technology Delivery
TypeHardware Sales
Description

Sale and delivery of turnkey methanation plants and equipment including bioreactor modules, automation systems, and integration services. Example: 3.3 MW methanation plant delivered to P2X Solutions in Harjavalta.

qpower.fi
3Licensing and Consulting
TypeLicensing Royalties
Description

Technology licensing fees and expert consulting services including Power-to-X consulting, techno-economic calculations, project planning, testing, analytics, and piloting services.

qpower.fi
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
Pricing details1 tier
1System-as-a-Service - Full-service plant operation and maintenance
ModelOtherBilling cadenceMulti-year contract
Notes

Q Power handles plant design, construction, operation, and maintenance. Customers pay a recurring service fee for reliable renewable fuel delivery. No upfront capital investment required for customers.

qpower.fi
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Q Power develops biological (biocatalytic) methanation technology that converts renewable hydrogen and CO2 into synthetic methane (e-methane) using proprietary microorganisms in fixed-bed bioreactors operating at 50-70°C, achieving 82-83% energy efficiency. The company delivers this technology to industrial customers through turnkey methanation plants, modular bioreactor units, a System-as-a-Service offering that covers plant design, construction, operation and maintenance, and complementary expert services including Power-to-X consulting, techno-economic analysis and piloting.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 82-83% energy efficiency in hydrogen-to-methane conversion, outperforming competitors by up to 30 percentage points
+3 more records
Product overview1 text field

Q Power offers a portfolio of biological Power-to-X technologies for renewable synthetic fuel production. The core offerings include biocatalytic methanation (82-83% efficiency, modular 50kW to 20+MW) and oxygasification with syngas fermentation, delivered through a system-as-a-service model. The company expanded in 2025 to include PEM electrolyzer solutions in partnership with Schaeffler. Expert services cover Power-to-X consulting, techno-economic analysis, project planning, and piloting. Q Power operates the Qvidja R&D Center in Parainen for technology development and demonstration.

Product and service6 records
1Biocatalytic Methanation Technology (Biokatalyyttinen metanointi)
CategoryRenewable fuel technology
Description

Biological methanation technology using microorganisms isolated from Finnish wetlands to convert CO2 and hydrogen into synthetic methane (e-methane). Achieves 82-83% energy efficiency at 50-70°C without rare metals or toxic catalysts. Designed for industrial customers in energy, heavy industry, biogas and transport sectors.

2Oxygasification and Syngas Fermentation (Happikaasutus ja synteesikaasun fermentointi)
CategoryRenewable fuel technology
Description

Oxygen gasification technology producing tar-free, nitrogen-free synthesis gas from solid biomass and carbon-containing waste at temperatures above 1000°C, combined with syngas fermentation to convert syngas into synthetic methane via Q Power's biological process. Targets industrial customers seeking to convert waste streams and biomass into renewable fuels.

3System-as-a-Service (SaaS) for Renewable Fuel Production
CategoryManaged service
Description

Full-service offering in which Q Power handles plant design, construction, operation, and maintenance for industrial customers, who pay a recurring service fee to receive renewable synthetic fuel reliably without capital investment or operational burden.

4Power-to-X Expert Services (Asiantuntijapalvelut)
CategoryConsulting services
Description

Consulting services including Power-to-X advisory, techno-economic calculations, project planning, testing and analytics, and piloting services for industrial customers exploring renewable fuel and methanation solutions.

5PEM Electrolyzer Solutions (with Schaeffler)
CategoryHydrogen production technology
Description

Turnkey hydrogen production solutions integrating Schaeffler's PEM stack technology, delivered by Q Power as system integrator covering installation, commissioning and hydrogen safety. Extends Q Power's offering into green hydrogen production for industrial customers.

6QPilot Mobile Pilot Unit
CategoryPilot and demonstration equipment
Description

Mobile pilot-scale methanation unit used for on-site testing, demonstration and feasibility studies at customer sites, enabling industrial customers to validate Q Power's biological methanation process on their own feed gases before full-scale deployment.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-20
Description

Letter of Intent for potential delivery of biological methane synthesis and liquefaction technology for EnergyPark Hellesby project in Åland, Finland. Project integrates renewable electricity, hydrogen production, and e-fuel production. Q Power acts as primary technology partner with planned 17 MW methanation facility producing ~10,000 tonnes e-methane annually. Project is part of ABB-led H2 Springboard ecosystem.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-09-29
Description

Formalized agreement for Q Power to act as system integrator delivering complete hydrogen production plants based on Schaeffler's proven and next-generation PEM stack technology. Q Power provides turnkey hydrogen production solutions addressing customer requirements for installation, commissioning, and hydrogen safety. This partnership expands Q Power's technology offering into hydrogen production while maintaining high standards comparable to their methanation technology.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-06-12
Description

Synferm project collaboration with Cortus and Biokraft International, organized by BEIC. Pilot project for biobased methane production from gasified wood waste using Cortus' WoodRoll gasification technology combined with Q Power's bioreactor technology.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-06-12
Description

Synferm project collaboration for pilot production of biomethane from syngas. Project aims to significantly increase biobased methane production in Sweden over 15 years. Biokraft operates anaerobic digestion biogas plants and seeks to expand raw material base.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-03-04
Description

Pre-feasibility study for synthetic methane production at Outokumpu's Tornio steel factory. Exploring carbon capture and utilization (CCU) to convert CO and CO2 emissions into synthetic methane as replacement for fossil LNG. Supports Outokumpu's climate neutrality goals.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2019-09-27
Description

Strategic cooperation agreement signed September 2019 to support development of renewable fuels. First target was showcasing mobile demonstration plant at Expo 2020 Dubai. Collaboration aimed at developing market and business opportunities for biomethanisation and synthetic fuels globally.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Delivered Finland's first industrial-scale 3.3 MW methanation plant to P2X Solutions in Harjavalta. e-methane production launched in April 2025. Q Power designed, built, and commissioned the plant as part of P2X Solutions' green hydrogen production facility.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Collaboration to transform biogas plants with high-efficiency methanation and hydrogen technology, targeting doubling biogas plant output. Joint development of solutions for biogas plant upgrades.

Strategic tierMinorTypeOthers
Description

Non-profit organization administering the Synferm project. Coordinates international R&D activities focused on innovative energy technology and renewable methane development.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

EnergyPark Hellesby project is part of ABB-led H2 Springboard ecosystem accelerating development, financing, and scaling of hydrogen-based clean energy solutions. Industrial partners collaborate on national/international funding applications, technology development, and value chain integration.

11Lounais-Suomen Jätehuolto (LSJH) and Lounavoima
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Successful landfill gas methanation pilot at Korvenmäki waste treatment centre in Salo. Demonstrated conversion of low-quality landfill gas into traffic fuel. Continued project preparation for Waste-to-Energy CO2 capture and methanation.

qpower.fi
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Pilot project for CO2 capture from waste-to-energy plant flue gases and demonstration of synthetic methane production pathway at Fortum's Riihimäki facility.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Swedish biogas producer and Synferm project collaborator; overlaps with Q Power in biogas upgrading and biomethane production from waste-derived feedstocks.

TypeDirect peer
Description

Developer of biological (biocatalytic) methanation technology that converts CO2 and green hydrogen into synthetic methane, directly competing with Q Power's core technology platform.

TypeBroad incumbent
Description

Established process technology and catalyst provider offering catalytic methanation (e.g., TREMP) and related Power-to-X solutions, competing in the same e-methane value chain with broader portfolio reach.

TypeBroad incumbent
Description

Industrial conglomerate with Power-to-X and catalytic methanation capabilities via its Uhde portfolio, offering end-to-end plant engineering that competes for the same industrial customers.

TypeBroad incumbent
Description

Engineering and plant EPC firm with methanation and renewable gas capabilities, competing for industrial Power-to-Gas projects across Europe.

TypeDirect peer
Description

German Power-to-X company developing co-electrolysis and methanation technologies to produce synthetic fuels, addressing the same hard-to-abate sectors as Q Power.

TypeEmerging player
Description

Finnish e-fuels developer and Q Power's flagship customer (Harjavalta 3.3 MW plant); operates in the same e-methane and green hydrogen value chain and is a downstream peer.

TypeBroad incumbent
Description

Marine and energy technology company with strategic cooperation agreement with Q Power; overlaps in synthetic fuel and engine applications for maritime decarbonization.

TypeEmerging player
Description

Hydrogen equipment specialist offering PEM and alkaline electrolyzers; competes in the upstream hydrogen production layer that Q Power's Schaeffler partnership now also addresses.

TypeEmerging player
Description

UK-based PEM electrolyzer manufacturer building green hydrogen capacity that feeds Power-to-Gas and methanation projects comparable to Q Power's integrated offering.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Q Power

Power-to-Methane Renewable Fuel Technologyqpower.fi

Q Power is a Finnish privately held technology company that designs and operates biological methanation plants converting green hydrogen and captured CO2 into synthetic methane, serving enterprise customers in heavy industry, energy, and waste management via turnkey deliveries and a System-as-a-Service model.

What Q Power does

Q Power Oy is a privately held Finnish technology company, founded in 2019 and headquartered in Parainen, that develops biological (biocatalytic) methanation technology for the Power-to-X market. Its core product is a fixed-bed bioreactor system that converts green hydrogen and captured carbon dioxide into synthetic methane (e-methane) using proprietary microorganisms originally isolated from Finnish wetlands. The process is reported to operate at 50-70°C with 82-83% energy efficiency and without rare-metal catalysts, scaling modularly from 50 kW to more than 20 MW.

The company's commercial offering comprises turnkey methanation plant deliveries, a System-as-a-Service model in which Q Power owns and operates the plant while delivering renewable fuel to the customer on a recurring fee basis, and ancillary expert services (Power-to-X consulting, techno-economic analysis, piloting via the mobile QPilot unit, and a Qvidja research farm acting as an integrated R&D and demonstration site). The portfolio also includes oxygen gasification and syngas fermentation technologies, and in 2025 was expanded to cover hydrogen production via a Schaeffler PEM electrolyzer partnership, CO2 recovery, and syngas upgrading.

Q Power serves enterprise customers in heavy industry, renewable power, biogas and landfill operators, heavy transport and maritime, and district heating. Named reference customers include P2X Solutions (3.3 MW Harjavalta plant, operational from April 2025), ST1, Outokumpu, Fortum, Keravan Energia, LSJH, and RĪGAS SILTUMS, with a 17 MW project in Åland under LOI via RedRock Energy. The company is founder-owned by Ilkka Herlin and Saara Kankaanrinta, holds more than 50 international patents, and targets 500 MW of annual renewable synthetic fuel production capacity by the end of the decade.

Q Power firmographics

Firmographics
Name
Q Power
Legal name
Q Power Oy
Website
https://qpower.fi
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
1–10 employees
Short description
Q Power is a Finnish privately held technology company that designs and operates biological methanation plants converting green hydrogen and captured CO2 into synthetic methane, serving enterprise customers in heavy industry, energy, and waste management via turnkey deliveries and a System-as-a-Service model.
Ownership category
akta.pro rank

Q Power industry classification

Industry
Product category
Power-to-Methane Renewable Fuel Technology
NAICS
Industrial Gas Manufacturing (325120)
SIC
Electric, Gas & Sanitary Services (4900)
akta.pro primary industry
Synthetic Methane (Methanation) & E-Gas Production (EUAJAJAI)
akta.pro secondary industries
Industrial Electrification of Drives & Equipment (Motors, VFDs, Compressed Air, Pumps) (EUABAJAE), Power-to-Gas (P2G) / Electrolysis Integration & Operations (EUAJAJAH), Synthetic Methane (SNG/e-methane) Storage & Grid Injection Interfaces (EUAFAFAD)

Keywords

  • Biological methanation
  • Power-to-methane technology
  • Synthetic fuel production
  • Renewable energy solutions
  • Biocatalytic methanation

Where Q Power is headquartered

Location

Headquarters

HQ city
Parainen
HQ country
Finland
HQ region
Europe

Offices2 records

Markets served

Q Power business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

  1. System-as-a-Service (SaaS): Q Power designs, constructs, operates, and maintains methanation plants. Customers receive renewable fuel production services for a recurring service fee. This model provides customers with hassle-free fuel production without capital investment in plant ownership.
  2. Plant Technology Delivery: Sale and delivery of turnkey methanation plants and equipment including bioreactor modules, automation systems, and integration services. Example: 3.3 MW methanation plant delivered to P2X Solutions in Harjavalta.
  3. Licensing and Consulting: Technology licensing fees and expert consulting services including Power-to-X consulting, techno-economic calculations, project planning, testing, analytics, and piloting services.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractSystem-as-a-Service - Full-service plant operation and maintenance

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Q Power product offering

Product offering

Core offering

Q Power develops biological (biocatalytic) methanation technology that converts renewable hydrogen and CO2 into synthetic methane (e-methane) using proprietary microorganisms in fixed-bed bioreactors operating at 50-70°C, achieving 82-83% energy efficiency. The company delivers this technology to industrial customers through turnkey methanation plants, modular bioreactor units, a System-as-a-Service offering that covers plant design, construction, operation and maintenance, and complementary expert services including Power-to-X consulting, techno-economic analysis and piloting.

Product overview

Q Power offers a portfolio of biological Power-to-X technologies for renewable synthetic fuel production. The core offerings include biocatalytic methanation (82-83% efficiency, modular 50kW to 20+MW) and oxygasification with syngas fermentation, delivered through a system-as-a-service model. The company expanded in 2025 to include PEM electrolyzer solutions in partnership with Schaeffler. Expert services cover Power-to-X consulting, techno-economic analysis, project planning, and piloting. Q Power operates the Qvidja R&D Center in Parainen for technology development and demonstration.

Differentiator

Problem solved

Functional benefit

Products and services

  • Biocatalytic Methanation Technology (Biokatalyyttinen metanointi) Biological methanation technology using microorganisms isolated from Finnish wetlands to convert CO2 and hydrogen into synthetic methane (e-methane). Achieves 82-83% energy efficiency at 50-70°C without rare metals or toxic catalysts. Designed for industrial customers in energy, heavy industry, biogas and transport sectors.
  • Oxygasification and Syngas Fermentation (Happikaasutus ja synteesikaasun fermentointi) Oxygen gasification technology producing tar-free, nitrogen-free synthesis gas from solid biomass and carbon-containing waste at temperatures above 1000°C, combined with syngas fermentation to convert syngas into synthetic methane via Q Power's biological process. Targets industrial customers seeking to convert waste streams and biomass into renewable fuels.
  • System-as-a-Service (SaaS) for Renewable Fuel Production Full-service offering in which Q Power handles plant design, construction, operation, and maintenance for industrial customers, who pay a recurring service fee to receive renewable synthetic fuel reliably without capital investment or operational burden.
  • Power-to-X Expert Services (Asiantuntijapalvelut) Consulting services including Power-to-X advisory, techno-economic calculations, project planning, testing and analytics, and piloting services for industrial customers exploring renewable fuel and methanation solutions.
  • PEM Electrolyzer Solutions (with Schaeffler) Turnkey hydrogen production solutions integrating Schaeffler's PEM stack technology, delivered by Q Power as system integrator covering installation, commissioning and hydrogen safety. Extends Q Power's offering into green hydrogen production for industrial customers.
  • QPilot Mobile Pilot Unit Mobile pilot-scale methanation unit used for on-site testing, demonstration and feasibility studies at customer sites, enabling industrial customers to validate Q Power's biological methanation process on their own feed gases before full-scale deployment.

Quantifiable outcome

  • 82-83% energy efficiency in hydrogen-to-methane conversion, outperforming competitors by up to 30 percentage points
  • +3 more outcomes

Companies that use Q Power

Customer profile

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Q Power technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Q Power partnerships and signals

Strategic signal

Partnerships

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

  • RedRock Energy AbcoreStrategic or Co-development Partner · 20 March 2026Letter of Intent for potential delivery of biological methane synthesis and liquefaction technology for EnergyPark Hellesby project in Åland, Finland. Project integrates renewable electricity, hydrogen production, and e-fuel production. Q Power acts as primary technology partner with planned 17 MW methanation facility producing ~10,000 tonnes e-methane annually. Project is part of ABB-led H2 Springboard ecosystem.
  • SchaefflercoreTechnology or Integration · 29 September 2025Formalized agreement for Q Power to act as system integrator delivering complete hydrogen production plants based on Schaeffler's proven and next-generation PEM stack technology. Q Power provides turnkey hydrogen production solutions addressing customer requirements for installation, commissioning, and hydrogen safety. This partnership expands Q Power's technology offering into hydrogen production while maintaining high standards comparable to their methanation technology.
  • CortuscoreStrategic or Co-development Partner · 12 June 2024Synferm project collaboration with Cortus and Biokraft International, organized by BEIC. Pilot project for biobased methane production from gasified wood waste using Cortus' WoodRoll gasification technology combined with Q Power's bioreactor technology.
  • Biokraft InternationalcoreStrategic or Co-development Partner · 12 June 2024Synferm project collaboration for pilot production of biomethane from syngas. Project aims to significantly increase biobased methane production in Sweden over 15 years. Biokraft operates anaerobic digestion biogas plants and seeks to expand raw material base.
  • OutokumpucoreStrategic or Co-development Partner · 4 March 2024Pre-feasibility study for synthetic methane production at Outokumpu's Tornio steel factory. Exploring carbon capture and utilization (CCU) to convert CO and CO2 emissions into synthetic methane as replacement for fossil LNG. Supports Outokumpu's climate neutrality goals.
  • WärtsiläcoreStrategic or Co-development Partner · 27 September 2019Strategic cooperation agreement signed September 2019 to support development of renewable fuels. First target was showcasing mobile demonstration plant at Expo 2020 Dubai. Collaboration aimed at developing market and business opportunities for biomethanisation and synthetic fuels globally.
  • P2X SolutionsflagshipStrategic or Co-development PartnerDelivered Finland's first industrial-scale 3.3 MW methanation plant to P2X Solutions in Harjavalta. e-methane production launched in April 2025. Q Power designed, built, and commissioned the plant as part of P2X Solutions' green hydrogen production facility.
  • ConvionminorStrategic or Co-development PartnerCollaboration to transform biogas plants with high-efficiency methanation and hydrogen technology, targeting doubling biogas plant output. Joint development of solutions for biogas plant upgrades.
  • Baltic Energy Innovation Center (BEIC)minorOthersNon-profit organization administering the Synferm project. Coordinates international R&D activities focused on innovative energy technology and renewable methane development.
  • ABB (H2 Springboard Ecosystem)coreStrategic or Co-development PartnerEnergyPark Hellesby project is part of ABB-led H2 Springboard ecosystem accelerating development, financing, and scaling of hydrogen-based clean energy solutions. Industrial partners collaborate on national/international funding applications, technology development, and value chain integration.
  • Lounais-Suomen Jätehuolto (LSJH) and LounavoimaminorStrategic or Co-development PartnerSuccessful landfill gas methanation pilot at Korvenmäki waste treatment centre in Salo. Demonstrated conversion of low-quality landfill gas into traffic fuel. Continued project preparation for Waste-to-Energy CO2 capture and methanation.
  • FortumminorStrategic or Co-development PartnerPilot project for CO2 capture from waste-to-energy plant flue gases and demonstration of synthetic methane production pathway at Fortum's Riihimäki facility.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Q Power competitors and assessment

Company assessment

Emerging players

  • Biokraft International: Swedish biogas producer and Synferm project collaborator; overlaps with Q Power in biogas upgrading and biomethane production from waste-derived feedstocks.
  • P2X Solutions: Finnish e-fuels developer and Q Power's flagship customer (Harjavalta 3.3 MW plant); operates in the same e-methane and green hydrogen value chain and is a downstream peer.
  • Nel ASA: Hydrogen equipment specialist offering PEM and alkaline electrolyzers; competes in the upstream hydrogen production layer that Q Power's Schaeffler partnership now also addresses.
  • ITM Power: UK-based PEM electrolyzer manufacturer building green hydrogen capacity that feeds Power-to-Gas and methanation projects comparable to Q Power's integrated offering.

Direct peers

  • Electrochaea: Developer of biological (biocatalytic) methanation technology that converts CO2 and green hydrogen into synthetic methane, directly competing with Q Power's core technology platform.
  • Sunfire: German Power-to-X company developing co-electrolysis and methanation technologies to produce synthetic fuels, addressing the same hard-to-abate sectors as Q Power.

Broad incumbents

  • Topsoe: Established process technology and catalyst provider offering catalytic methanation (e.g., TREMP) and related Power-to-X solutions, competing in the same e-methane value chain with broader portfolio reach.
  • Thyssenkrupp: Industrial conglomerate with Power-to-X and catalytic methanation capabilities via its Uhde portfolio, offering end-to-end plant engineering that competes for the same industrial customers.
  • Hitachi Zosen Inova: Engineering and plant EPC firm with methanation and renewable gas capabilities, competing for industrial Power-to-Gas projects across Europe.
  • Wärtsilä: Marine and energy technology company with strategic cooperation agreement with Q Power; overlaps in synthetic fuel and engine applications for maritime decarbonization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Q Power social profiles

Digital presence

Q Power financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Q Power leadership team

Management profile

Number of profiles

Profiles11 records

Q Power funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Q Power M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Q Power

What does Q Power do?

Q Power develops biological (biocatalytic) methanation technology that converts renewable hydrogen and CO2 into synthetic methane (e-methane) using proprietary microorganisms in fixed-bed bioreactors operating at 50-70°C, achieving 82-83% energy efficiency. The company delivers this technology to industrial customers through turnkey methanation plants, modular bioreactor units, a System-as-a-Service offering that covers plant design, construction, operation and maintenance, and complementary expert services including Power-to-X consulting, techno-economic analysis and piloting.

Is Q Power a public or private company?

Q Power is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Q Power founded?

Q Power was founded in 2019. It employs 1 to 10 people.

Where is Q Power based?

Q Power is headquartered in Parainen, Finland, in the Europe region.

How does Q Power make money?

Three revenue lines are on record. System-as-a-Service (SaaS) is the primary driver. The others are plant Technology Delivery and licensing and Consulting.

Who are Q Power's main competitors?

Emerging players on record are Biokraft International, P2X Solutions, Nel ASA and ITM Power. Direct peers are Electrochaea and Sunfire. Broad incumbents are Topsoe, Thyssenkrupp, Hitachi Zosen Inova and Wärtsilä.

Does Q Power have an API?

No public API is recorded for Q Power.

What industry is Q Power in?

Q Power's product category is Power-to-Methane Renewable Fuel Technology. Its primary akta.pro industry code is EUAJAJAI, Synthetic Methane (Methanation) & E-Gas Production, with a secondary code of EUABAJAE, Industrial Electrification of Drives & Equipment (Motors, VFDs, Compressed Air, Pumps). Its NAICS code is 325120 and its SIC code is 4900.

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