Nidec Conversion
nidec-conversion.com
Annual production capacity
0.2-1
GWh/yr · vendor-reported
Bankability influence
Neutral
Company Size
Large
1000-10000 headcount
Vertical integration
Medium
Company Overview
Founded in 2012 after Nidec Corporation acquired Ansaldo Sistemi Industriali, Nidec Conversion is based in Milan, Italy. Its battery storage business reports 4.3 GW of installed capacity and 11.0 GWh of energy storage across 174 projects in 27 countries, and the company supplies in-house power conversion and power management systems through turnkey or electrical partner delivery models.
Headquarters
Cinisello Balsamo, Italy
Legal entity
Nidec Conversion
IPP / offtaker customers
Engie, Gore Street Energy Storage Fund, Neoen, Kallista Energy
Integration footprint
China, France, India, Italy, United States
Production scale
0.2-1 GWh/yr
Moderate presence in Europe; no recorded presence in North America, Latin America, Central Asia & CIS, Middle East & North Africa, Sub-Saharan Africa, South Asia, East Asia, Southeast Asia, and Oceania.
Financial Health
Derived from the five sub-metrics below — all five neutral.
Reference Project
Project
Alfeld
Cell & System Architecture
Cell format
Battery Management System
Nidec Conversion’s BMS tracks voltage, current, temperature, SoC, SoH, and insulation resistance in real time, and it supports SoC and SoH estimates with high discharge efficiency.
Corporate & Listing
Parent Company
Nidec Corporation
Parent Company of Nidec Conversion is Nidec Corporation — Nidec Conversion is not separately listed; the exchange listing belongs to the other legal entity.
Share price of Nidec Corporation (6594.T), not Nidec Conversion.
Recent Developments
In June 2026, Nidec Conversion launched the ACBOX V4 utility-scale BESS platform and UniQube power conversion system at Intersolar Europe, adding European-made products for long-duration storage and grid-forming applications.
Certifications
Management Systems (ISO)
ESG & Sustainability
Nidec Conversion targets net-zero Scope 1 and 2 emissions by 2040 and Scope 3 emissions by 2050. It backs that plan with supply chain review, responsible sourcing, supplier ESG audits, and third-party checks, and its sustainability report says 98.81% of waste went to recycling or recovery while the company plans to join external ESG ratings.
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