Loading organizations...
Key people at NHOA Group.
NHOA Group was founded in 2005 by Carlalberto Guglielminotti (Founder & Group CEO).
NHOA Group develops solutions for the energy transition, specializing in utility-scale battery energy storage systems and electric vehicle fast-charging infrastructure. The company provides proprietary technology and engineering services, enabling renewable energy integration into power systems and supporting sustainable mobility.
Carlalberto Guglielminotti co-founded NHOA Group, serving as Group CEO for about twelve years until his 2024 transition, indicating its 2012 inception. His background, including a leadership role at Engie, informed the foundational insight to address the need for robust energy transition technologies.
NHOA's offerings serve utility and industrial clients for energy storage, and consumers utilizing their electric vehicle charging networks. The company's vision is to accelerate the global shift towards a sustainable energy future, providing essential infrastructure for widespread renewable energy adoption and e-mobility.
NHOA Group was founded in 2005 by Carlalberto Guglielminotti (Founder & Group CEO).
Key people at NHOA Group.
NHOA Group (NHOA S.A.) is a France-based company specializing in renewable energy solutions, focusing on energy storage, e-mobility, and EV fast-charging infrastructure.[1][2][3] It develops technologies like solar-plus-storage systems, utility-scale storage, industrial microgrids, HyESS platforms for renewable grid transformation, and Atlante eStations for ultra-fast EV charging, serving utilities, industries, and EV users globally with offices in France, Spain, the UK, US, Taiwan, Australia, and R&D/production in Italy.[1][2][3] With 588 employees (as of recent data), over 130 patents, and 1,200 industrial secrets, NHOA reported €124 million in H1 2024 revenues (up 7% YoY), €166 million full-year 2022 revenues, and growth in energy storage (€205M in 2023) and e-mobility (€64.68M in 2023), achieving breakeven EBIT in H1 2024.[1][2][4]
The company targets the energy transition, solving grid stability, renewable integration, and EV adoption challenges through scalable, high-margin solutions; its growth momentum includes a 25.3% H1 2024 gross margin, €50M capex for Atlante rollout, and improved EBITDA (12% or €3.7M).[2][4] Now 100% owned by TCC Group Holdings (delisted from Euronext Paris on December 10, 2024), NHOA benefits from Taiwanese battery expertise.[2][5]
Founded in 2005 as Electro Power Systems (EPS) in Italy, NHOA pioneered battery systems and energy storage amid early renewable challenges.[2] It faced US Chapter 11 bankruptcy in 2013 but rebounded under CEO Carlalberto Guglielminotti, completing a rapid financial restructuring in 2014 and listing on Euronext Paris in April 2015 with a €55 million market cap.[1][2]
Pivotal moments include ENGIE's 2018 acquisition of a majority stake for over €108 million EV (later >60% ownership), boosting scale as a global energy leader's arm.[2] In April 2021, Taiwan's TCC Group— a battery manufacturing powerhouse—acquired control for €240 million EV, rebranding to NHOA on July 20, 2021, with market cap peaking over €450 million that year.[2] This Taiwanese backing fueled expansion, hitting 500+ employees across 38 nationalities by 2022.[2]
NHOA rides the global energy transition wave, addressing renewable intermittency and EV proliferation amid net-zero mandates and grid modernization.[1][2][6] Its timing aligns with surging demand for storage (to firm renewables) and fast-charging (EV market growth), fueled by subsidies like US IRA and EU Green Deal, plus battery cost declines from Asian supply chains.[1][4]
Market forces favor NHOA: Asia-Pacific (50%+ 2023 sales) leverages TCC's batteries; US expansion taps IRA incentives.[1] It influences the ecosystem by deploying utility-scale storage and Atlante networks, stabilizing grids and accelerating EV adoption, while its delisting enables agile private scaling under TCC.[2][5][6]
NHOA is poised for accelerated growth under full TCC ownership, prioritizing Atlante rollout (already €50M invested H1 2024) and energy storage scale-up amid EV and renewable booms.[4][5] Trends like AI-driven grid demands, cheaper batteries, and policy tailwinds will shape its path, potentially driving revenues past €300M annually with margin expansion.[1][4]
Its influence may evolve from public innovator to TCC-powered global leader in sustainable energy infrastructure, solidifying the energy transition's hardware backbone—echoing its journey from near-collapse to €450M-cap powerhouse.[2]
