Company Performance Metrics
Jostein Eikeland: Founder & CEO
Alevo is a Swiss-based group of companies founded in 2009. Through its 9 subsidiaries, Alevo has established operations in the Americas, Europe and Asia. Alevo is building a vertically integrated manufacturing and deployment organization, creating a global energy storage business to work with the world’s largest energy companies. Alevo will also
provide mobile energy storage solutions for truck and bus fleets as well as the marine and offshore markets.
Alevo Energy is an energy service provider (ESP) that brings its innovative GridBank energy storage technology and intelligent grid data analytics to the electric grid. Alevo’s new source-agnostic architecture img-about2 seamlessly integrates fossil fuel and renewable generation. This architecture reduces waste and GHGs, creating more reliability and new efficiencies that lower costs for utilities and consumers.
The GridBank features the world’s first utility-grade battery. Alevo’s battery is based on a non-flammable, non-combustible 3rd generation lithium-ion technology with unique inorganic electrolyte chemistry that has demonstrated up to 10 times the life of competing technologies, while retaining its power capacity. Alevo holds multiple patents, and controls 100% of its IP.
