Storage start up reveals product
Qinous, a Berlin based start-up company, is introducing a new energy storage system to the market in order to supply off grid regions with cost-efficient energy. The "plug & play" concept allows to save energy costs and CO2 emissions while using renewable energy sources.
The start-up is being financed by VC fonds technology Berlin that is managed by IBB Beteiligungsgesellschaft mbH.
"We were ultimately convinced by the idea as well as the spirit of innovation of the Qinous founding team. Their storage system considerably contributes to enabling a secure but also sustainable, environmentally friendly and cost efficient energy supply in off-grid regions. We are happy to support and accompany this promising technology", says Stephan Schulze, senior investment manager at IBB Beteiligunggesellschaft.
The system developed by Qinous makes it possible to provide up to 100% renewable energy to autonomous electricity consumers, among them remote villages, islands or single consumers such as hotels, factories and hospitals. The compact "žplug & play" solution is easy to install and can be integrated into existing island grids. In comparison to renewable energy solutions that are already on the market for island grids the Qinous system significantly reduces the planning, installation and commissioning costs.
"Being financed by VC Fonds technology Berlin is an important milestone in the development of our business and our technology that is eventually leading to a worldwide reduction of CO2 emissions. Today remote regions are generally supplied by expensive and polluting diesel generators. The Qinous system is a sustainable and cost-efficient alternative that is able to considerably reduce CO2 emissions in the target regions Asia-Pacific, South America, Canada and Africa", says Steffen Heinrich, founder and managing director of Qinous GmbH.
