Storm
- Company typePrivate
- Founded2013
- HeadquartersAntwerp, Belgium
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
Storm firmographics
Firmographics- Name
- Storm
- Legal name
- Storm Management NV
- Website
- https://storm.be
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Storm industry classification
Industry- Product category
- Renewable Energy Infrastructure
- NAICS
- Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211), Power and Communication Line and Related Structures Construction (237130)
- SIC
- Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Onshore Wind Power Generation (Utility-Scale) (EUACAFAA)
- akta.pro secondary industries
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA), Wind Farm EPC & Balance of Plant Construction (Civil, Electrical, Substations) (EUAMACAF)
Keywords
Where Storm is headquartered
LocationHeadquarters
- HQ city
- Antwerp
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
Storm business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Operations, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Wind Farm Electricity Generation: Storm develops, constructs, and operates wind farms across Belgium, generating revenue from selling electricity produced by wind turbines to the grid
- Battery Energy Storage Services: Large-scale battery parks provide grid balancing and energy storage services, storing electricity during low-demand periods and supplying during peak demand to maintain grid stability
- Fast-Charging Station Network: Storm develops and constructs fast-charging stations while Q8 operates them under leasehold agreements. Storm benefits from land lease payments and grid connection fees while Q8 handles day-to-day operations and customer charging revenue
- Solar Farm Electricity Generation: Storm develops agrisolar farms combining agriculture with solar energy production, generating revenue from electricity sales while providing farmers additional income streams over 20-30 year project lifespans
- Cooperative Share Investments: Storm CV sells shares (€125 per share, 1-24 shares per family member) to local residents near wind farms, providing patient capital for project development and returning 4-6% annual dividends to co-op members
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Storm CV cooperative shares for local residents |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Storm product offering
Product offeringCore offering
Storm develops, constructs, and operates renewable energy infrastructure in Belgium, including onshore wind farms (60+ turbines), large-scale lithium-ion battery energy storage systems (BESS) using Tesla units, agrivoltaic solar farms, and EV fast-charging stations built in partnership with Q8. The company also runs the Storm CV cooperative, which allows local residents near wind farms to invest in projects and receive annual dividends.
Product overview
Storm is a Belgian developer and operator of renewable energy projects offering four core product lines: wind farms (onshore), battery energy storage systems (BESS), solar farms (agrivoltaic), and EV fast-charging stations. The company operates a public participation model through Storm CV co-operative, allowing local residents near wind farms to invest. Storm expanded into energy storage with large-scale BESS projects (Ruien, Langerlo, Zeebrugge) featuring Tesla battery units, and partnered with Q8 to build up to 200 full-service EV charging stations across Belgium. Additionally, Storm launched the Storm Fund in partnership with the King Baudouin Foundation to support local sustainability initiatives.
Differentiator
Problem solved
Functional benefit
Products and services
- Wind Farms Onshore wind farms developed and operated by Storm across Belgium, with 60+ turbines supplying renewable electricity to the grid. Local residents can co-invest as Storm CV members and earn annual dividends.
- Battery Parks Large-scale lithium-ion battery energy storage systems (BESS) providing grid balancing and energy storage services, storing electricity during low-demand periods and supplying it during peak demand to maintain grid stability. Projects include Ruien (200MW/800MWh), Langerlo (100MW/400MWh), and Zeebrugge (100MW/400MWh) using Tesla BESS units.
- Fast-Charging Stations Full-service electric vehicle fast-charging stations developed by Storm and operated by Q8 under the Q8 electric brand via long-term leasehold. Up to 200 locations planned across Belgium, each with 6–16 charging points offering up to 400 kW ultra-fast charging, with select sites including shops, restaurants (McDonald's), and coffee service.
- Solar Farms (Agrivoltaic) Large-scale ground-mounted agrivoltaic (agrisolar) solar farms that combine agricultural activities with solar energy production on farmland. Maximum ground coverage is limited to ~40% to preserve soil fertility and vegetation growth, and farmers receive fixed annual lease fees over 20–30 year project lifespans.
- Storm CV (Cooperative Public Participation) Cooperative society enabling local residents near Storm wind farms to invest in renewable energy projects and become shareholders. Members receive annual dividends of 4–6% and participate in returns from sustainable energy projects. As of 2025, Storm CV has 3,846 co-operators who have collectively invested €10,415,375.
Quantifiable outcome
- 3,000 households powered annually per wind farm (Zoersel example)
- +4 more outcomes
Companies that use Storm
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
Storm technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Storm partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, flagship and minor.
- TeslacoreTesla is supplying and installing lithium-ion battery energy storage systems (BESS) for Storm's Ruien (200MW/800MWh) and Langerlo (100MW/400MWh) battery park projects in Belgium. Tesla's BESS units are a core component of Storm's entry into energy storage, with commissioning targeted for 2027.
- CLEF CooperativecoreStorm and CLEF cooperative partnered to develop the Mourcourt wind farm with three wind turbines. Financial close occurred November 2024, with construction starting 2025 and commissioning expected March 2027.
- King Baudouin FoundationcoreKing Baudouin Foundation manages the Storm Fund, a €100,000 annual grant program supporting 11 sustainable local projects near Storm wind farms and battery parks in areas of energy, mobility, and biodiversity.
- Q8flagshipStorm and Q8 partnership to build up to 200 full-service fast-charging stations across Belgium. Q8 operates stations under Q8 electric brand through long-term leasehold agreements with Storm, who oversees development and construction. Investment of up to €250 million.
- McDonald's BelgiumcoreMcDonald's Belgium operates quick-service restaurants at select Storm/Q8 fast-charging stations, providing dining options for EV drivers. First location opened in Heusden-Zolder. McDonald's uses 100% green energy and targets 36% CO2 reduction by 2030.
- NatuurpuntminorNatuurpunt organized tree planting campaigns at Storm wind farms, with 500 trees planted near Zoersel wind farm by Storm co-op members, volunteers, and employees, absorbing 12 tonnes of CO2 annually.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Storm competitors and assessment
Company assessmentDirect peers
- Boralex: Boralex is a Canadian-headquartered renewable energy developer with European operations including wind, solar, and storage assets in France and the UK. Comparable as a mid-cap multi-technology renewable developer with similar development-driven business model.
- Aspiravi: Aspiravi is a leading Belgian wind energy developer with a cooperative ownership model for local residents, directly comparable to Storm's Storm CV structure. Both companies focus on onshore wind in Belgium and use community co-investment to build social license for projects.
- Eolus Vind: Eolus Vind is a Swedish wind energy developer with operations across Northern Europe and North America. Comparable as a project-development-focused wind/solar developer that develops, finances, and sells renewable projects.
- Allego: Allego is a European public EV fast-charging network operator with hundreds of charging sites across Belgium, Netherlands, Germany, and France. Directly comparable for Storm's fast-charging station business line, though Allego focuses exclusively on charging while Storm bundles charging with generation.
- European Energy: European Energy is a Danish renewable energy developer active in wind, solar, and Power-to-X across Europe. Comparable as a multi-technology European renewable developer with project development, EPC, and ownership business lines.
- Luminus: Luminus is one of the largest Belgian energy companies with significant wind, solar, and flexible generation assets. Comparable as a Belgian renewable operator with multi-technology exposure and a focus on the energy transition, though Luminus is larger and gas/nuclear-influenced.
- Eneco: Eneco is a major Dutch/Belgian renewable energy developer and supplier with significant wind, solar, and heat assets in the Benelux region. Comparable multi-technology renewable platform serving similar low-carbon-transition customer base, though at much larger scale.
Broad incumbents
- Engie: Engie is one of Europe's largest utilities with extensive renewable generation (wind, solar) and battery storage operations in Belgium and globally. Comparable as a broad incumbent in the same Belgian energy market, though Engie also has gas, nuclear, and large-scale infrastructure.
- RWE Renewables: RWE is a major European utility with large-scale wind, solar, and battery storage operations. Comparable broad incumbent in European renewable energy generation, though RWE operates at much larger scale and has significant offshore wind exposure.
Others
- Tesla Energy: Tesla Energy is Storm's BESS technology supplier for the Ruien and Langerlo battery parks. Comparable as an ecosystem participant - while not a direct competitor, Tesla's Megapack technology and energy storage business is the platform on which Storm's battery strategy is built.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Storm social profiles
Digital presenceStorm financial estimates
Financial estimateRevenue estimate
Valuation estimate
Storm leadership team
Management profileNumber of profiles
Profiles2 records
Storm subsidiaries and ownership
Company hierarchySubsidiaries1 record
Storm funding detail
Funding detailFunding overview
Funding rounds2 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Storm 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 Storm
What does Storm do?
Storm develops, constructs, and operates renewable energy infrastructure in Belgium, including onshore wind farms (60+ turbines), large-scale lithium-ion battery energy storage systems (BESS) using Tesla units, agrivoltaic solar farms, and EV fast-charging stations built in partnership with Q8. The company also runs the Storm CV cooperative, which allows local residents near wind farms to invest in projects and receive annual dividends.
Is Storm a public or private company?
Storm is a private company. It is classified as unknown and is currently operating.
When was Storm founded?
Storm was founded in 2013. It employs 11 to 50 people.
Where is Storm based?
Storm is headquartered in Antwerp, Belgium, in the Europe region.
How does Storm make money?
Five revenue lines are on record. Wind Farm Electricity Generation is the primary driver. The others are battery Energy Storage Services, fast-Charging Station Network, solar Farm Electricity Generation and cooperative Share Investments.
Who are Storm's main competitors?
Direct peers on record are Boralex, Aspiravi, Eolus Vind, Allego, European Energy, Luminus and Eneco. Broad incumbents are Engie and RWE Renewables. Tesla Energy is listed as an others.
Does Storm have an API?
No public API is recorded for Storm.
What industry is Storm in?
Storm's product category is Renewable Energy Infrastructure. Its primary akta.pro industry code is EUACAFAA, Onshore Wind Power Generation (Utility-Scale), with a secondary code of EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer). Its NAICS code is 221115 and its SIC code is 4900.