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Hybrid Energy Storage Solutions
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Developer of a hybrid energy storage solution platform

Founded in 2018
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Company type Private Public ()
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Industry Group energy & power

Sector energy storage

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Spain Seville, Spain
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Updated by Rafael Gonzalez at Hybrid Energy Storage Solutions S.L. on 12/10/2018

Edited by Cleantech Group on 02/16/2023

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IPO INFORMATION

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Date Investors Type Amount
05/27/2021 Elewit Elewit , RIC Energy RIC Energy , Capital Energy Quantum Capital Energy Quantum (3)
Post-money valuation of
Series A $2,721,231
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SHAD®: Hybrid Energy Storage Solution (HESS) for an optimal integration of energy storage at different levels of the electrical grid

Hybrid energy storage solutions, optimized in economic terms thanks to the integration of several energy storage technologies, enhanced power electronics and patented energy management algorithms in an exclusive, flexible hardware and software platform

Pilot/Early Revenue Products - Wholesale
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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