Storio provides turnkey energy storage systems for commercial and industrial customers, integrating battery hardware with grid connection and certification services. Their Energy Management System continuously monitors assets to optimize energy flows, reduce electricity costs, and maximize revenue from ancillary services. The company handles all phases—from data-driven sizing and supplier selection to installation, operation, and maintenance—under a profit‑sharing model.
Funding
$5.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
LCFounders
Product
Problem
Businesses with solar PV systems, independent power producers, and large electricity consumers face challenges in optimizing energy usage, maximizing revenue from energy sales, and managing the increasing volatility of electricity prices. Existing solutions often lack real-time management capabilities and the ability to provide balancing services to the grid.
Solution
Storio Energy offers end-to-end energy storage solutions, including battery installation and operation, designed to optimize self-consumption for solar PV systems, enhance EV charging station efficiency, and support independent power producers in maximizing energy sales. Their offering includes a smart energy management system (EMS) that supervises battery operations 24/7 and optimizes energy flows in real-time. By leveraging their EMS, clients can maximize savings, generate additional income, and benefit from revenue-sharing pricing models that align interests. Storio Energy also handles grid connection requests, oversees installation work, and performs commissioning and certification for system services.
Target Audience
The primary target audience includes businesses equipped with solar panels, independent power producers (IPPs), and large electricity consumers seeking to optimize energy usage and reduce costs.
Features
- Turnkey energy storage solutions including battery supply, installation, and grid connection.
- 24/7 supervision of battery operations via a proprietary Energy Management System (EMS).
- Real-time energy flow optimization to maximize savings and revenue generation.
- Technical and economic project studies to determine optimal storage sizing.
- Selection of best-in-class equipment from a network of manufacturing and installation partners.
- Revenue-sharing pricing model to align interests.