NHOA Group is a company.
Key people at NHOA Group.
NHOA Group was founded by Carlalberto Guglielminotti (Founder & Group CEO).
Key people at NHOA Group.
NHOA Group was founded by Carlalberto Guglielminotti (Founder & Group CEO).
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]
