Flower International

Flower has signed a long-term Power Purchase Agreement (PPA) with SEB Nordic Energy’s portfolio company Locus Energy, acquiring 180 GWh per year of wind power from 11 of the asset management company’s onshore wind farms. The newly acquired wind power will further support Flower’s efforts to balance supply and demand in the energy system while serving as a springboard for the launch of Flower’s own unique PPA solution. “This is the first step to build a truly scalable financing solution for wind power,” says John Diklev, founder and CEO of Flower.

Flower, Sweden’s leading player in battery storage trading and optimization, has been named one of the leading companies representing a sustainable future by UNESCO World Engineering Day.

The Swedish energy tech company Flower has closed its Series A funding at €45M with additional €20M, bringing total investment in the company to €100M.

Advancing towards enabling the renewable energy transition in Sweden, the energy tech company Flower is now acquiring one of Sweden’s largest battery projects. The project, which is a Ready-to-Build 40 MW / 80 MWh BESS site being developed by the renewable energy actor Arise, will play a crucial role in supporting the Swedish energy system. “This will be a breakthrough asset for our portfolio that will make all the difference for the Swedish energy system in the years ahead,” says John Diklev, founder and CEO at Flower.

Energy tech company Flower continues to accelerate towards the fossil-free energy transition. Adding three new battery parks with a total capacity of over 70 MW to its portfolio, the company is now optimizing over 200 MW of energy assets, making it Sweden’s biggest battery portfolio. “This marks the beginning of a new era for Swedish renewables”, says John Diklev, founder and CEO at Flower.

The energy tech company Flower is expanding its offerings and targeting the residential market. With the new Flower Hub service, homeowners with battery systems can contribute to a more sustainable energy system while earning money. The launch comes shortly after the Swedish Tax Agency's decision to approve deductions for green technology. "The need for a solution like this is enormous," says John Diklev, founder and CEO of Flower.

Flower’s application to become a Balance Responsible Party (BRP) in Sweden has been approved by the Swedish TSO Svenska Kraftnät. “This opens up completely new revenue streams for asset owners like wind and solar power producers”, says Emma Hellström, Chief Strategy Officer at Flower.

Flower takes a significant step in the company's evolution by acquiring the nation's largest battery park, Bredhälla, from OX2. This acquisition marks a pivotal moment in Flower's journey toward enabling and balancing tomorrow's renewable energy systems. The investment further solidifies Flower's position as the leading battery optimizer in the country.

Energy technology company Flower is a leader in the optimization and management of energy assets. They are now securing new financing for further expansion in Sweden.

Flower announces a new partnership with Kalmar Energi to strengthen the local power grid with a new innovative battery storage system. This is the first of many exciting projects from the leading company in energy resource optimization and management in 2024 — an important initiative where innovative technologies pave the way for the energy transition.

Together with the Swedish distribution partner for renewable energy projects, Senergia, Flower takes an important step towards a reliable and flexible fossil-free energy system. Our new partnership is boosting opportunities for homeowners to leverage the potential for flexibility within batteries and solar. Senergia and Flower contribute significantly to the energy transition by combining flexibility and support services for more efficient utilization of the electricity system. Flower's technology enables the aggregation and optimization of flexible resources in the electricity system to contribute most effectively to increased profitability for those who have invested in an energy storage system. Through the collaboration between Senergia and Flower, solar installers gain access to the Flower Hub product, with software that, with the help of AI, controls the battery's charging and discharging. Flower's unique software optimizes batteries across multiple markets simultaneously (multi-m

Flower is proud to release its new website as a part of taking the next step with its new brand identity. The website will act as a platform and hub for all industry stakeholders, partners and employees, establishing Flower as a thought-leader shaping the energy system of tomorrow. www.flowertech.se

With a new brand identity, we now take the next step on our growth journey. The new identity weaves our innovative core with our vision to be the pioneering force powering the energy system of tomorrow. The energy system of tomorrow relies on a high share of renewable energy production, and with that comes a new set of uncertainties. Grid owners, producers and consumers are all affected by these uncertainties, and enabling that system relies on stability in grid frequency, prices and volume. Combining and solving these problems is what we call flexibility, and is now also incorporated into our brand.

Flower is proud to be exhibiting at one of Europe's largest events for the energy transition. We will be a part of the Energy Storage Hub together with several other key industry players. The event will take place in Expo Porte de Versaille Pavillion 7, in southern Paris, France. Don't hesitate to come by to discuss solutions for a sustainable future and how we enable a society powered by clean energy.

Energy company Ellevio Energy Solutions AB is doubling its ownership in the young energy technology company Flower Technologies, specializing in flexibility and support services in the electrical system. The market for new energy services is growing explosively, and Flower is one of the companies that has experienced strong growth during the year. - Tomorrow's energy system will be much more complex and dynamic, and there is a high demand for new technology and energy services. This is the background for both our increased ownership in Flower and our investment in the new business area Ellevio Energy Solutions, says Kristofer Fröjd, Head of Business Development at Ellevio. As the share of electricity from weather-dependent energy sources such as wind and solar increases, the ability of the electricity system to handle large variations in electricity production must be strengthened, while demand for electricity increases as transportation and industries shift to electric power. However,

The energy transition and electrification of everything are central to combating climate change. Strong financial performance pushes the share of wind and solar power ever higher. As these energy sources grow, power networks and system operators struggle to keep pace with the system's quickly changing conditions and requirements. Tech startup Krafthem has received approval to supply Swedish system operator, Svenska kraftnät, with frequency containment reserve (FCR), a product essential to balancing the increasing volatility within supply and demand of power. Krafthem's solution is to aggregate thousands of electric vehicle charging stations and other distributed energy resources to coordinate charging within their Virtual Power Plant (VPP). Price levels for FCR, and other ancillary services, have risen rapidly. Krafthem's VPP is a hardware-agnostic platform that enables flexibility assets to offer ancillary services to power networks and system operators. An increase in the supply of f

Krafthem has in August been hand-picked to Nvidia Inception accelerator. The program is a virtual community of global startups all leveraging AI to revolutionize their respective industries. Nvidia offers these startups their expertise, training, network and more. Krafthem is building technology to efficiently manage the electricity system. The industry is set to leverage data driven solutions and business models as even the smallest player in the industry is faced with billions of individual decisions yearly. Today these decisions are generalized and vastly simplified, or even ignored, resulting in dirtier electricity, missed opportunities, increased costs, and decreased system stability. - Everything is getting more and more data driven and we’re excited to have Nvidia join us as the vanguard of this transformation within the electricity system here in the nordics, says David Evholt, Krafthem CTO. There are several plans to drastically increase the amount of data collected, but few p