Hybrid Energy Storage Solutions Ltd (HESS) has emerged from the solid technical foundations of Wind Inertia Technologies S.L., after financial issues in 2016. The new holders bring, along with financial support, direct connections to big energy operations and business opportunities in Europe, as well as the Middle East and U.S. markets.
HESS retains Win Inertia® as its flagship commercial brand, due to its recognition for developing hybrid energy storage systems and energy management solutions for utility scale, renewable integration and microgrids at different levels of the electrical grid.
“Win Inertia is one of the most creative energy storage vendors in the energy storage market. Based in Spain, the company’s project portfolio highlights fascinating applications for hybrid battery solutions, including both alternating current and direct current (AC and DC) systems for electric vehicle (EV) charging, railways, harbors, buildings and islands or renewable integration for, of course, microgrids”, said Peter Asmus, a Research Senior Analyst at Navigant Research.
In 2016, SmartGridNews selected Win Inertia as one of 15 Smart Grid Companies to Watch and the company was selected for the Energy Storage 100 by Energy Storage News. Win Inertia reached a valuable technological positioning on the market as a technological reference in enabling technologies, due to its breakthrough concepts and patented technologies such as the SHAD®, the IP-protected hybrid energy storage concept of HESS. Proof of this are Duke Energy’s Rankin Substation project or ENDESA-CEN Solutions' La Graciosa project.
The rebooted Win Inertia® business undertaking is a very different customer-focused company, with the sole purpose of providing cost-effective energy storage solutions based on Win Inertia’s hybrid approach and its knowhow and experience in the potentially huge energy storage market.
“The right success for us has been the possibility of keeping up with Win Inertia’s vision, through the support of partners that are truly interested in our technology and hybrid approach, recognizing the potential that the energy storage market is about to offer”, said Eugenio Domínguez, HESS’s Chief Operating Officer and the company's chairman of the board of directors.
The new backers are willing to put Win Inertia back on track. The research and development headquarters will remain in Seville, Spain, turning on the idea machinery and re-establishing connections with main actors in the value chain. However manufacturing and the sales force will move wherever the market is, achieving a more direct business path.
“As investors, we have seen an excellent opportunity to support the disruptive vision of Win Inertia. Its innovative enabling technologies, along with the market situation, make Win Inertia’s approach a winning horse to unlock the energy storage market,” said an investment advisor representative.
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