Annual production capacity
1-2GWh/yr
Bankability influence
Neutral
How the supplier's financials affect its products' bankability
Company Size
Middle
300-1000 headcount
Vertical integration
Medium
In-house production of key components
Company Overview
NHOA Energy, based in Milan, is NHOA Group’s energy storage business for utility-scale and industrial BESS. It began in 2005 as Electro Power Systems, later operated as Engie EPS, became part of Taiwan Cement Corporation in 2021, and by December 2022 had 1.4 GWh of projects under construction and more than 300 MWh under or near commissioning.
Headquarters
Milan, Italy
Legal entity
NHOA Energy S.r.l.
IPP / offtaker customers
Engie
Integration footprint
Italy
Adjacent product lines
O&M / services, cloud or digital services
Moderate presence in Europe and Central Asia & CIS; Minor presence in Middle East & North Africa; no recorded presence in North America, Latin America, Sub-Saharan Africa, South Asia, East Asia, Southeast Asia, and Oceania.
Cell & System Architecture
Cell format
Recent Developments
Neoen gave NHOA Energy notice to proceed for the Culcairn Battery, a 215 MW/963 MWh behind-the-meter BESS tied to the Culcairn Solar Farm in New South Wales, Australia.
Certifications
Management Systems (ISO)
ESG & Sustainability
NHOA Energy’s 2023 Sustainability Report says its systems have EPD-certified life-cycle assessments, and Atlante avoided 7,000 tCO2 in 2023, with avoided emissions expected to top 120,000 tCO2 by 2030.
Market Price Estimate
No modelled range is published for this product yet.
Financial Health
Derived from the five sub-metrics below: 1 moderate · 2 suboptimal · 2 healthy.
Corporate & Listing
Notable Shareholder
TCC Group Holdings
Notable Shareholder of NHOA Energy is TCC Group Holdings.
Reference Project
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Compare to Other Vendors
All vendors| Vendor | Tier | HQ | Capacity | Compare |
|---|---|---|---|---|
| Tier-1 | Milan, Italy | 1-2 GWh | This vendor | |
| Tier-1 | Shenzhen, China | 20+ GWh | ||
| Tier-1 | Ningde, China | 20+ GWh | ||
| Tier-1 | Richardson, United States | 2-20 GWh | ||
| Tier-1 | Shenzhen, China | 0.2-1 GWh |
How to Read the Vendor Page
This profile of NHOA Energy is assembled exclusively from public data to support early-stage screening and requires additional due diligence.
Always confirm these terms and technical specifications directly with the vendor and project stakeholders. Reflect all agreed-upon details in the legal agreements before making any investment decisions.
