NHOA Energy
nhoa.energy
Annual production capacity
1-2
GWh/yr · vendor-reported
Bankability influence
Neutral
Company Size
Middle
300-1000 headcount
Vertical integration
Medium
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
Production scale
1-2 GWh/yr
Adjacent product lines
O&M / services, cloud or digital services
Major presence in Europe; Moderate presence in Sub-Saharan Africa; no recorded presence in North America, Latin America, Central Asia & CIS, Middle East & North Africa, South Asia, East Asia, Southeast Asia, and Oceania.
Financial Health
Derived from the five sub-metrics below — 1 moderate · 2 suboptimal · 2 healthy.
Reference Project
Project
ENGIE and NHOA Energy break ground on 400 MWh battery project in Belgium ; Kallo, Beveren, Belgium
Cell & System Architecture
Cell format
Block architecture
Corporate & Listing
Notable Shareholder
TCC Group Holdings
Notable Shareholder of NHOA Energy is TCC Group Holdings.
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)
Product & Safety Standards
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.
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