Peak Wind has made a strategic equity investment in the battery start-up company Hybrid Greentech, with whom a partnership was formed in the beginning of 2021.
Peak Wind acquires a minority equity stake with an option to increase to 27.5%, subject to the fulfillment of certain objectives. Hybrid Greentech was founded in 2018 by Rasmus Rode Mosbæk who has assembled a group of researchers from DTU specialising in energy storage management and virtual power plants. Since its inception, Hybrid Greentech has developed the software system, HERA, which enables the company to size and manage battery solutions with the aim to leverage the full revenue potential and optimise the lifetime cost of energy storage.