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Younicos
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Provider of intelligent energy storage and electrical grid solutions

Founded in 2005
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
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 Germany Berlin, Germany
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Updated by Lars Stephan at Younicos on 06/04/2015

Edited by Cleantech Group on 06/10/2021

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  • 1 M&A items
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Date Company
06/16/2015

WEMAG WEMAG

Younicos built Europe's first commercial battery park for the German Green utility WEMAG AG. With a rated-power of 5 Megawatts and a capacity of 5 Megawatt-hours, the battery helps to stabilize the grid frequency in wind-swept West-Mecklenburg.

Confirmed by WEMAG
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Date Partner Type
12/14/2016
Centrica Centrica
Energy storage pioneer Younicos has been selected by Centrica to design one of the world’s largest and most sophisticated battery-based energy storage systems. To be completed by winter 2018, the 49 megawatt (MW) lithium-ion system will respond to fluctuations in electrical demand in less than a second.
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Confirmed by Centrica
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Date Investors Type Amount
12/08/2015 First Solar First Solar , Grupo ECOS Grupo ECOS (2)
Post-money valuation of
The company will use the funds to further scale its deployment of intelligent energy storage solutions
 Growth Equity $50,000,000
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Energy-Storage-as-a-Service

The Younicos Development Company develops island, micro-grid and grid-scale power purchase agreements, providing “Energy-Storage-as-a-Service” (ESaaS) to grid operators, utilities and commercial, as well as industrial customers. Thereby we leverage our financial and industrial partnerships to pre-package solutions that enable customers to save operating and capital expenses by replacing fossil-fueled peaker plants and diesel generators.

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