Top Energy Storage Companies

Energy storage solutions are becoming an integral part of most power generating systems, maximizing their efficiency and flexibility. For your convenience, we have compiled a list of the top-ranking companies specializing in energy storage. The list includes the global industry leaders with company descriptions.

See also: Storage News | Top Energy Storage Batteries Stocks | Best Solar Storage Products  | Top Energy Storage Batteries ETFs

The Best Energy Storage Companies 2020

Energy storage is essential for power grids, whatever energy source they use – renewable or conventional. Battery storage solutions allow consumers to cut expenses, increase flexibility and reliability, combine different power generating resources, and mitigate climate impact.

The fast-growing energy subsectors, such as EV and floating solar, have boosted the need for effective energy storage. As a result, there are many new battery manufacturers appearing as well as the existing ones adjusting to modern trends. A lot of conventional batt makers start shifting their production toward Li-ion batteries to meet the market demand.

Energy storage has become an important part of solar plants. Many large companies include storage systems in their solar projects.

Based on several important factors, we have collected the catalogue of the most attractive energy storage solution firms.

EEnovate Technology

EEnovate TechnologyThe start-up was established in 2017. The company’s goal is to create new tech start-ups specializing in energy and environment. The first start-up spun out by EEnotech is EnerVenue. It focuses on stationary energy storage solutions. Its batteries are reasonably priced, durable and climate-safe. Besides, it takes the batts just a few minutes to be charged and they can withstand temp limits -40…+60 degrees Centigrade.

Founded: 2017

Headquarters: 1153 Tasman Dr. Sunnyvale, CA 94089

Founders: Prof. Yi Cui and CEO Meng Sui. Professor Yi Cui

Number of employees: 11-50

https://eenovatetech.com/

Instant On

Instant OnIO’s innovative portable energy storage solution with a capacity of 5 kilowatt-hours is called IO-5M. It is intended for use during power cuts in multiple applications, ranging from domestic appliances (like fridges and air conditioning units) to medical devices (including continuous positive airway pressure machines and oxygen concentrators). The battery offers a new perspective of reserve power supply. Unlike traditional storage systems used in photovoltaic projects, it is meant specially for resilience needs. 

Headquarters: Santa Ana, CA 92701

https://instanton.energy/

Leoch Battery Corp.

Leoch Battery Corp.The company was established in 1999. It is a worldwide leader in manufacturing of lead-acid batts. The corporation is among the fastest-growing battery makers globally. The sales volume of stand-by batteries has exceeded 800mln USD in the current year. Leoch’s products are intended for all types of critical backup and stationary power applications. Among the solutions offered are: pure lead punched grid, gel and flooded tubular plate, gel and absorbent glass mat VRLA, lithium batts, and so on. Leoch makes all kinds of batteries, which are durable, can withstand high temps, operate continuously at PSoC, and can satisfy many other requirements.

Founded: 1999

Headquarters: 19751 Descartes, Unit A, Foothill Ranch, CA 92610

Number of employees: 11,000

https://www.leoch.us/

MPINarada

MPINaradaThe firm offers highly-demanded battery technologies and energy storage products, which can meet the particular needs of various enterprises.

The company does not only offer integrated turn-key solutions for energy storage, but also makes special modules, enclosures, and boxes.

The battery maker has manufacturing facilities in different countries.

Headquarters: 44 Oak St, Newton, MA 02458

https://mpinarada.com/

Black & Veatch

Black & VeatchBVSPC offers a wide range of energy storage techs, such as battery, pumped hydroelectric energy storage, FES, and CAES. It combines reliable engineering analytics with specific SW, and closely cooperates with equipment makers. BVSPC’s products are characterized by long life and high performance. The company deploys projects of any size from small to large-scale ones. It specializes in developing, installing, integrating into the grid, managing assets, and O&M.

Founded: 1915

Headquarters: Overland Park, Kansas

Founders: Ernest Bateman Black and Nathan Thomas Veatch

https://www.bv.com/

Bloom Energy

Bloom EnergyBloom Box is an easily customizable solution. Customization is possible either originally or in the process of using by adding auxiliary energy capabilities and accessories. The system is easy to integrate in any corporate environment because it is compact, aesthetically designed, noiseless, and climate-safe.

Founded: 2001

Headquarters: K. R. Sridhar (CEO), John Finn, Matthias Gottmann, James McElroy, Dien Nguyen

Founders: North San Jose Innovation District, San Jose, California, USA

Owner: Kleiner Perkins (15.85%),

Kuwait Investment Authority (10.73%),

New Enterprise Associates(8.78%),

Alberta Investment Management Corp. (7.53%),

Advanced Equities Financial Corp. (6.55%)

Number of employees: 1,524

https://www.bloomenergy.com/

e-On Batteries

e-On BatteriesIt is a well-known manufacturer and developer of LFP batteries. The technology firm is mostly focused on the safety of its products. The scalable module with a capacity of 6.4 kilowatt-hours is UL1973 approved. The system can be easily arranged into either a small energy storage solution for home use with a capacity of 12.8 kilowatt-hours or a huge system of 4.8 megawatt-hours or even larger. The company combines building management systems, contacts with expert engineers and certified installation specialists, which has resulted in more than 20mln developed projects and no catastrophic failure.

Founded: 2015

Headquarters: 1105 Bluemound Rd West, Suite 103Fort Worth, Texas 76052

Number of employees: 11-50

http://e-onbatteries.com/

NextEra Energy

NextEra EnergyIt is the U.S.’s biggest regulated utility according to the volume of generated and sold retail electrical power. The renewable energy company supplies electricity to over 5mln of Florida-based customers. NextEra Energy Resources, taken together with its affiliates, is the leading sun and wind power producer and battery storage maker globally. Besides, the utility has 8 nuclear stations in 4 states, where it produces eco-friendly, carbon-free electricity. 

Founded: 1984

Headquarters: Juno Beach, Florida, U.S.

Number of employees: 14,000

http://www.nexteraenergy.com/

Regent Power

Regent PowerThe firm integrates clean energy in projects of various sizes (ranging from small-scale industrial and commercial to MW-scale distribution-level systems). The energy storage projects offered include direct current distribution systems, CES, anti-idling retrofit and pole utility solutions. Among the latest innovations is the extremely fast EV charging solution with a storage system for the highest efficiency and a MEG for emergency use.

Headquarters: Saint Louis, US

Founders: Chuck Lee, US Drilling Products & Marketing and Laura Jones CEO

http://regent-power.com/

Toshiba

ToshibaThe battery energy storage solution by Toshiba is an essential element of any intelligent grid combining wind and PV power. The system is based on a combination of Toshiba’s patented SCIB tech and highly performing DC/AC converter, which makes the product long-living, highly dense and efficient. It is featured with peak load and stability controls.

Founded: 1875

Headquarters: Minato, Tokyo, Japan

Founders: Tanaka Hisashige

Number of employees: 141,256

https://www.toshiba.com/tai/

Tesla

TeslaThe United States’ listed company was established in 2003. The corporation is an EV and energy storage solutions designer, developer, manufacturer and seller. Besides, it specializes in installation and O&M of solar power and energy storage systems. There 2 segments of the holding’s operations: energy production and storage section is focused on designing, manufacturing, installing and selling or leasing of commercial and residential solar power and stationary energy storage systems, as well as selling solar power to consumers; while automotive section designs, develops, manufactures and sells EVs.

Founded: July 1, 2003

Headquarters: Palo Alto, California, U.S.

Founders: Martin Eberhard, Marc Tarpenning, Elon Musk, J. B. Straubel, Ian Wright

Owner: Largest Shareholder Elon Musk (21.7%) Publicly traded company

Number of employees: 48,016

https://www.tesla.com/

ElectrIQ Power

ElectrIQ PowerThe United States’ private company was established in 2014. It is focused on energy storage, as well as management and monitoring. The solutions offered are intended for smart, clean and effective homes and small businesses. ElectrIQ’s turnkey projects based on clean energy allow customers to save money on electricity bills.

Founded: 2014

Headquarters: 14451 Catalina St. San Leandro, CA 94577

Number of employees: 11-50

https://electriqpower.com/

Cambridge Graphene Centre, University of Cambridge

Cambridge Graphene Centre, University of Cambridge

The U.K.’s privately held company in a center for innovation and engineering. The center is working on two major problems, one of which is covering graphene’s particular properties needed for achieving the goal of an intelligent device augmented with graphene on a transparent or flexible substrate, having the required energy storage capacity for wirelessly connected autonomous working.

Headquarters: Cambridge Graphene Centre, The University of Cambridge, 9 JJ Thomson Avenue, Cambridge CB3 0FA

http://www.graphene.cam.ac.uk/

BBOXX

BBOXXThe U.K.’s private company established in 2010 supplies green power to developing counties. The firm is focused on designing, manufacturing and distributing of solar-powered batteries to African and Asian nations.

Founded: 2010

Headquarters: 11 Pilgrim Street, London, EC4V 6RN

Founders: Christopher Baker-Brian, Laurent Van Houcke, Mansoor Hamayun

Number of employees: 101-250

http://www.bboxx.co.uk/

Fraunhofer IZM

Fraunhofer IZMThe German Institute for Reliability and Microintegration coordinates the MATFLEXEND project investigating innovative energy harvesters characterized by flexibility and durability. The materials can be processed into inks for printing applications. This is purposed to allow the mass production of devices intended both for converting mechanical energy into electrical and storing the energy.

Founded: March 26, 1949

Headquarters: Munich, Germany

Number of employees: 28,000

https://www.izm.fraunhofer.de/en.html

sonnen GmbH

sonnen GmbHThe German privately held company was established in 2011. The firm’s goal is to allow all the humans to determine their energy future on their own. This includes the affordable generation and storage of clean energy as well as the smart networking of power generating companies and customers, which is meant to set the humanity free from eco-unfriendly energy sources.

Founded: 2010

Headquarters: Wildpoldsried, Germany

Founders: Christoph Ostermann and Torsten Stiefenhofer

Owner: Royal Dutch Shell

https://sonnengroup.com/

General Electric

General ElectricThe U.S.-based listed company established in 1890 is a developer and manufacturer of solutions meant for producing, transmitting, distributing, controlling and utilizing the power. The company develops the perspective energy techs as well as enhances the ones utilized nowadays. They produce about 30 percent of global power, around nine tenth of the global transmitting utilities are equipped with GE’s tech, and its SW manages approximately four tenth of the global energy. GE offers unique Reservoir energy storage systems that can be easily integrated across power grids. The firm provides a wide range of customizable energy storage solutions that allow distributing and utilizing the energy efficiently and cost-effectively wherever and whenever necessary.

Founded: April 15, 1892 in Schenectady

Headquarters: Boston, Massachusetts, USA

Founders: Charles A. Coffin, Elihu Thomson, Edwin J. Houston, J. P. Morgan, Thomas Edison

Number of employees: 205,000

http://www.ge.com/

Vivint

VivintThe U.S.’s privately held company established in 1999 offers simple and reasonably priced solutions for intelligent buildings. The leader in the sector provides products for energy management, cloud storages, automation and security. It serves over 850 thousand of U.S. and Canadian inhabitants.

Founded: 1997

Headquarters: Provo, Utah

Founders: Todd Pedersen, Keith Nellesen

Number of employees: 11,000

http://www.vivint.com/

Siemens

SiemensGermany’s multi-national listed corporation was established in 1847. The headquarters are based in Munich, the branches are located in different countries. It is the biggest European industrial manufacturer. The conglomerate’s key business activities are energy, industry, health care, infrastructure and cities.

Founded: 1 October 1847

Headquarters: Werner-von-Siemens-Straße 1, 80333 Munich, Germany

Founders: Werner von Siemens

Number of employees: 385,000

http://www.siemens.com/

PrecisionHawk

PrecisionHawkThe U.S. private company was established in 2011. The headquarters are located in the capital of North Carolina – Raleigh. The firm is a leader in drone tech for enterprises. Its customer base consists of Fortune 500 and market leading companies from various sectors (like government, construction, energy, insurance, agriculture, etc.) in 150 nations.

Founded: 2010

Headquarters: Raleigh, North Carolina, USA

Founders: Christopher Dean and Ernest Earon

http://precisionhawk.com

Oracle

OracleThe U.S. listed company was established in 1977. In 2006, the firm completed acquisition of Net4Call. NIV has supplemented the telecommunications networks with multimedia services and products.

Founded: 1977

Headquarters: USA

Founders: Larry Ellison, Bob Miner, Ed Oates

Number of employees: 10001+

https://www.oracle.com/

UpTake Networks

UpTake NetworksThe United States’ privately held company was established in 2014. The firm is located in Chicago. It is the leader in predictive analytics SW development. UpTake’s products allow understanding and unlocking the value of the enterprises’ data, which saves their money and time. The developer has SaaS tools meant for a wide range of companies ranging from small-sized firms to such colossi as BHE. The company is aimed at raising standards for operational productivity, security, safety and reliability.

Founded: Jul 2014

Headquarters: Greater Chicago Area, Great Lakes, Midwestern USA

Founders: Bradley Keywell

Number of employees: 501-1000

http://www.uptake.com/

ChargePoint (formerly known as Coulomb Technologies)

ChargePointThe U.S. privately held firm was established in 2007. The company leverages the biggest global EV recharging network to make recharging of e-cars available to more individuals and locations. ChargePoint is involved in designing, building and supporting of all the technologies powering the network. This ranges from recharging point HW to energy management SW. The company’s mission is transforming the usage of energy and transport by allowing more humans to drive e-vehicles.

Founded: 2007

Headquarters: Campbell, California

Founders: Dave Baxter, Harjinder S. Bhade, Milton T. Tormey, Praveen Mandal, Richard Lowenthal

Number of employees: 501-1000

https://www.chargepoint.com/

Lockheed Martin

Lockheed MartinThe U.S.’s listed company was established in 1995. The headquarters are located in Bethesda (the state of Maryland). The aerospace and security firm has about 105 thousand employees worldwide. It is mostly focused on researching, designing, developing, manufacturing, integrating and sustaining the advanced tech services, products, and systems.

Founded: March 15, 1995

Headquarters: Bethesda, Maryland, USA

Founders: Lockheed Corporation with Martin Marietta

Number of employees: 10,000

http://www.lockheedmartin.com/us/what-we-do/emerging/nanotechnology.html

Panasonic

PanasonicThe Japanese listed corporation was established in 1918. It is a developer of various solutions and techs in such sectors as home electronics, devices and solutions for homes, cars and businesses. There are 5 segments of the company’s operations. These are: Eco-Solutions; Appliances; Audio, Video & Communications Networks; Industrial and Automotive Systems; Other.

Founded: March 13, 1918

Headquarters: Kadoma, Osaka, Japan

Founders: K┼Źnosuke Matsushita

Number of employees: 273,858

http://www.panasonic.com/

ABB

ABBThe Swiss listed company established in 1988 is a leading innovative technologies firm. It serves such sectors as utility, industries, infrastructures, and transport. The company is aimed at digitalizing the industry and value realization. 

Founded: 1988

Headquarters: Zurich, Switzerland

Founders: Ludvig Fredholm

Owner: Investor AB

Number of employees: 144,400

http://www.abb.com/

University of Minnesota

University of MinnesotaThe U.S. research university has synthesised and polymerised 2 dimethacrylate monomers to create degradable polymers, which is an eco-friendly option that can be used instead of conventional dimethacrylate-based polymers. These materials are mostly applied in dentistry. Their mechanical characteristics are close to those of their oil-derived rivals.

Founded: 1851

Headquarters: 3 Morrill Hall, 100 Church St. S.E., Minneapolis MN 55455

http://www.umn.edu/

AutoGrid Systems

AutoGrid SystemsThe U.S.’s privately held company was established in 2011. The enterprise specializes in analyzing the data produced by such devices as smart metres, BMS, thermostats, voltage regulators, etc. to enable utility companies and end-consumers to automatically control the electricity consumption.

Founded: 2011

Headquarters: 255 Shoreline Drive, Suite 350, Redwood City, CA 94065

Founders: Amit Narayan

Number of employees: 101-250

http://www.auto-grid.com

Johnson Controls

Johnson ControlsThe USA’s listed company was established in 1885. The main principles are productivity, security and sustainability. The firm focuses on smart houses, effective energy systems, integrated infrastructures and cutting-edge transport systems, easily compatible with each other to come closer to smart communities & cities.

Founded: 1885

Headquarters: Milwaukee, Wisconsin, USA

Founders: Warren S. Johnson

Number of employees: 105,000

http://www.johnsoncontrols.com

Veeco Instruments

Veeco InstrumentsThe United States-based listed company established in 1945 specializes in designing, manufacturing and marketing of thin-film process equipment used to produce and develop high-technology gadgets throughout the globe. 

Founded: 1989

Headquarters: 1 Terminal Drive, Plainview, NY 11803

Founders: Edward H. Braun

Number of employees: 501-1000

http://www.veeco.com/

MarkLogic

MarkLogicThe United States-based privately held company established in 2001 is a developer of Enterprise NoSQL database, enabling the enterprises to convert their data to the form of actionable and valuable info. The product enjoys confidence of companies globally. ML’s headquarters are located in Silicon Valley, there are branch offices in three different states of the U.S., as well as in the U.K., Germany, Netherlands and Japan.

Founded: 2001

Headquarters: San Carlos, California

Founders: Christopher Lindblad

Number of employees: 500

http://www.marklogic.com/

Peloton Technology

Peloton TechnologyThe U.S.-based privately held company established in 2011 is focused on technologies for vehicle automation. The firm has developed a pre-crash system for pairs of lorries, which provides maximum safety and saves fuel for both lorries in a pair. 

Founded: 2011

Headquarters: Mountain View, California

Founders: Josh Switkes, Dave Lyons, Steve Boyd

Number of employees: 11-50

http://www.peloton-tech.com/

The Pennsylvania State University

The Pennsylvania State UniversityThe U.S.’s research university established in 1855 is focused on R&D of programmable composites, which can be used in various applications, including energy, biotech, transport, medicine and cosmetics.

Founded: 1855

Headquarters: University Park, Pennsylvania, USA

http://www.psu.edu/

Phononic

PhononicThe U.S.-based private company established in 2009 is a developer of innovative solid-state heating and cooling technologies. Among the solutions offered are refrigerated storage and transportation, comfort climate controls, and others.

Founded: 2009

Headquarters: 801 Capitola Drive, Durham, NC 27713

Founders: Tony Atti

http://www.phononic.com/

Fluence

FluenceIt is the worldwide leader in energy storage tech and service. Fluence’s energy storage tech is the base for building of considerable solutions and systems intended for extremely demanding industrial applications and are time-proved. The 6-generation tech stack offered by the company allows deploying storage in a fast and cost-effective way, which does not make it less qualitative or configurable. There are 3 different pre-configured systems provided for various customers and applications.

Founded: 2018

Headquarters: 4601 N. Fairfax Drive, Suite 600, Arlington, VA 22203

https://fluenceenergy.com/

BYD Company

BYD CompanyThe company provides clean energy storage solutions, the key features of which are safety, efficiency and stability. It specializes in photovoltaic-plus-storage projects intended for generation, storage and application of renewable energy. The China-based firm started as a battery manufacturer and has expanded into diversified sectors like alternative energy, electric vehicles, and others.

Founded: February 1995

Headquarters: Shenzhen, Guangdong, China

Founders: Wang Chuanfu

Owner: Berkshire Hathaway[2] (24.6%), Xiang Yang Lü (21.6%), Wang Chuanfu (15.7%)

Number of employees: 220,000

http://www.byd.com/en/index.html

Samsung SDI

Samsung SDIThe world’s leader in Li-ion energy storage market provides innovative clean energy products. Its ESS tech is intended to satisfy multiple user demands. The company offers advanced clean energy and ES systems based on next-generation technologies. Storage solutions for residential use enable connection to the grid and PV arrays for maximum saving of energy consumption.

Founded: 1 March 1938

Headquarters: 40th floor Samsung Electronics Building, 11, Seocho-daero 74-gil, Seocho District, Seoul, South Korea

Founders: Lee Byung-chul

Number of employees: 309,630

https://www.samsungsdi.com/index.html

Parker Hannifin

Parker HannifinThe American energy company is the leading maker of control and motion techs and solutions. The firm takes active part in developing of clean-energy-powered EVs and HEVs. The company has deployed its own power-conversion tech in a few large-scale energy storage systems not only in Americas, but in Europe as well.

Founded: 1917

Headquarters: Mayfield Heights, Ohio, USA

Founders: Arthur L. Parker

Number of employees: 57,170

https://www.parker.com/

LG Chem

LG ChemThe company offers an optimised ESS battery solution, which provides highly qualitative power and saves energy consumption. The product provides maximum energy efficiency by means of improving clean energy quality and stabilizing the power supplies. ESS by LG Chem is based on the most innovative technologies, is characterized by long life and excellent quality. The firm is the worldwide leader in the energy storage market, it has deployed multiple successful energy storage projects, and the track record continues to grow.

Founded: 1947

Headquarters: Seoul, South Korea

Number of employees: 20,000+

https://www.lgchem.com/

GreenSmith Energy Management Systems

GreenSmith Energy Management SystemsGreenSmith has developed its own set of HW, SW and service for construction, monitoring and intelligent operation of power generating stations and energy storage systems. The platform allows power generating companies to optimise the diversified grid assets through cost reduction and ROI maximization. 

Founded: 2008

Headquarters: 485 Springpark Place, Suite 1500, Herndon, VA 20170

Number of employees: 11-50

https://www.greensmithenergy.com/

ComEd

ComEdCommonwealth Edison Company supplies electricity to over 4mln consumers in Northern Illinois, which constitutes about 70% of inhabitants of the state. The company provides a battery storage tech purposed for reduction of power failures impact on residents who suffer from power interruptions, especially under extreme weather conditions.

Founded: 1907

Headquarters: Chicago, Illinois, USA

Founders: George H. Bliss

https://www.comed.com/Pages/default.aspx

NEC Energy Solutions

NEC Energy SolutionsThe company is a leading provider of intelligent energy solutions characterized by efficiency and cost effectiveness, meant to transform the energy markets and improve the social infrastructures globally. The firm has over 12-year experience and has implemented more than 950 megawatts of energy storage projects in different countries.

Founded: 2009

Headquarters: Westborough, MA

https://www.neces.com/

RES

RESThe biggest global independent clean energy firm has a portfolio of more than 16 gigawatts. It is developing, engineering, constructing and operating the projects worldwide. The company utilizes a variety of energy techs, which includes both on-shore and off-shore wind, solar, energy storage, power distribution and transmission. RES provides ESSs ranging from one-day modelling and in-house engineering to constructing and managing through the life cycle of the system. The solutions are tailored to satisfy the particular needs of any specific client.

Founded: 1981

Headquarters: Beaufort Court, Egg Farm Lane, Kings Langley, Hertfordshire, WD4 8LR, England, UK

Founders: Sir Robert McAlpine

https://www.res-group.com/en/

Invenergy

InvenergyThe company is among world’s leaders in developing and operating of renewable energy solutions. It provides innovative ESS technologies adding flexibility and adaptability to power grids. The North American firm is a pioneer of advanced battery solutions. It is focused on large scale energy storage systems absorbing and injecting energy instantly, which helps to manage electrical grids and minimize the infrastructural cost. The large-scale storage solutions provided make grids more reliable, they regulate frequency and balance solar and wind generation variability.

Founded: 2001

Headquarters: One South Wacker Drive, Suite 1800, Chicago, IL 60606, USA

Founders: Michael Polsky

https://invenergyllc.com/

Xtreme Power

Xtreme Power (part of Aggreko)Xtreme Power was acquired by Younicos (part of Aggreko) in 2014. The company offers solutions for micro-grid and energy storage. During its over-10-year existence, Younicos has developed nearly 50 projects with a total battery storage capacity of 220 megawatts. The firm introduces innovative modular and mobile ESS. The integrated solutions based on the principle ‘plug and play’ guarantee optimum energy efficiency and effectiveness. Optimization of each component enables delivering maximum performance, operational cost reduction and CO2 footprint minimization. The intelligent energy management systems are meant for a wide range of applications, including micro-grid powering, making hybrid systems more reliable and business optimization.

Founded: 2004

Headquarters: 15600 John F Kennedy Blvd, Suite 600, Houston, TX 77032

Founders: Alexander Voigt, Clemens Triebel

https://www.aggreko.com/en-us/microgrid-and-storage-solutions

 

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