Next Kraftwerke

THE POWER OF MANY

General Information
Company Name
Next Kraftwerke
Founded Year
2009
Location (Offices)
Koln, Germany +5
Founders / Decision Makers
Number of Employees
243
Industries
Energy, Clean Energy
Funding Stage
Grant
Social Media

Next Kraftwerke - Company Profile

Next Kraftwerke is a leading operator of one of Europe's largest Virtual Power Plants (VPP). With the slogan "THE POWER OF MANY," the company networks thousands of electricity producers, consumers, and storage facilities to form a strong team of renewables. Established in 2009 and headquartered in Germany, Next Kraftwerke doesn't just define itself as an electricity trader, energy service provider, or cleantech company – it embodies "the Power of Many" for the energy transition. The company's VPP aggregates over 15,000 small and medium-sized electricity producers and consumers, encompassing diverse sources such as solar and biogas plants, battery storage, natural gas CHP, hydro and wind power plants, as well as industrial consumers and power-to-X plants. Next Kraftwerke manages these networked plants through its central control system to ensure electricity production aligns with market demand. Moreover, the company participates in the balancing energy market and trades the plants' electricity through its own 24/7 power trading on various European exchanges like EPEX Spot and EEX. Notably, the company received a grant investment from BloombergNEF in July 14, 2020. As the largest PV trader in Germany, Next Kraftwerke is continuously expanding its portfolio and attracting new team members who are passionate about the energy transition. The essence of "the Power of Many" extends beyond the pursuit of 100% renewable energy; it signifies teamwork and the collaborative approach that fuels the company's operations.

Taxonomy: Virtual Power Plant, Electricity Trading, Energy Service Provider, CleanTech, Power Trading, Balancing Energy Market, PV Trading, Energy Transition, Renewable Energy Integration, Energy Management, European Energy Market, Teamwork, Cooperative Work, Energy Portfolio Management

Funding Rounds & Investors of Next Kraftwerke (4)

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Funding Stage Amount No. Investors Investors Date
Grant Unknown 1 BloombergNEF 14 Jul 2020
Corporate Round Unknown 1 Eneco Ventures 08 May 2017
Venture Round Unknown 2 HTGF | High-Tech Gruenderfonds 01 Oct 2013
Seed Round Unknown 2 HTGF | High-Tech Gruenderfonds 19 May 2010

Latest News of Next Kraftwerke

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