News -
Repono’s public launch
Repono, that acquired BatteryLoop from Stena Metall, was launched on March 6 and aims to capture a 10 percent share of an anticipated 1-terawatt hour (TWh) European market in 2030.
Repono is a newly established company, founded by EIT InnoEnergy, a venture capital company within clean tech and blue economy, supporting the energy transition to reach the environmental targets in Europe toward net-zero by owning and operating large scale battery storage.
Stena Metall is one of the investors in Repono, together with Schneider Electric, SIPLEC E.Leclerc, Boryszew Group and NTM GmbH.
"The European need for energy storage capacity is large and will grow. Repono will help accelerate the ongoing energy transition. As a founder of BatteryLoop, Stena Metall is proud to be part of Repono’s development and exciting growth journey as a co-owner," says Jonas Höglund, CFO Stena Metall.
