Nelinor Oy is an Espoo-based startup founded in 2020 that specializes in the production of plug-and-play smart home batteries. The company’s flagship product is a battery system designed to capture and store cheap electricity during off-peak hours and release it during peak hours, resulting in significant reductions in electricity bills, typically ranging between 50% and 90% depending on the disparity between daytime and nighttime electricity prices.
In addition to reducing electricity costs, the company’s battery system can store locally produced renewable energy from solar panels. This innovative product not only helps homeowners save money but also efficiently stores excess wind energy, allowing for more renewable sources to be connected to the grid and enhancing the grid’s capacity to absorb unpredictable renewable energy.
Nelinor Oy’s team is composed of highly motivated individuals passionate about bringing this latest innovation to users. The founder, a serial inventor with over a dozen tech patents, recognized the opportunity to use their skills and drive to create a product that would make a significant impact in reducing emissions.
As an urban tech startup, Nelinor Oy recognizes the importance of reducing emissions and is committed to creating a sustainable future by providing innovative solutions to challenges faced by homeowners and communities alike. The company’s dedication to sustainability is reflected in its products and its commitment to playing a role in creating a cleaner, more sustainable future.
Powering greener cities with Nelinor’s necessity-based energy storage solutions
Nelinor is committed to making the world a more sustainable place by revolutionizing the way energy is stored and utilized. The company’s energy storage impact will be noticeable when deployed in large numbers, creating a big distributed sponge that absorbs renewables. This will improve the resilience of the grid and increase sustainable energy consumption, contributing to a cleaner and greener future.
To measure the startup’s impact on sustainability, Nelinor focuses on the home battery, which stores excess renewable energy from big-scale wind farms and/or from locally produced renewable energy. This energy is released at the time of need, allowing the grid to avoid high-emission energy production peaks. By summing up the energy capacity of all its batteries, Nelinor can measure the size of its impact on sustainability.
Nelinor’s impact on a clean and sustainable Helsinki is significant. The company’s technology is reducing the use of fossil fuel in energy production and promoting the higher utilization of renewable energy, making a difference in creating a cleaner and more sustainable city.
To collaborate with the City of Helsinki, Nelinor plans to pilot some of its battery systems in city-owned apartments or buildings. This partnership will demonstrate the effectiveness of its technology in reducing emissions and increasing the use of sustainable energy sources, contributing to a more sustainable Helsinki.
Urban Tech Helsinki program shines a spotlight on Nelinor’s innovative approach toward sustainable energy
Nelinor has found the Urban Tech Helsinki program to be an invaluable experience, as it has given them the exposure and resources necessary to kick off collaborations with partners and bring its innovative product to the market. The program’s support has allowed Nelinor to leverage its knowledge and expertise in sustainable energy solutions and develop new and innovative technology that is both efficient and environmentally friendly.
Throughout the program, Nelinor has found participating in Spotlight and DemoDay events to be especially useful. These events have provided a platform for Nellinor to showcase its technology and connect with potential partners and investors. By demonstrating the practicality and efficacy of its solutions, Nelinor has been able to build a solid reputation and attract support from the sustainable energy community.
Looking towards the future, Nelinor is excited to achieve its goal of moving from the successful piloting phase to a commercially available product in 2023 and beyond. The focus is on developing sustainable energy solutions that prioritize efficiency and savings, while also addressing the unique challenges that hardware manufacturing companies face.
To achieve its goals, Nelinor is seeking talented and dedicated java developers and embedded systems engineers to join its mission. They have secured pre-seed funding, but would welcome additional investors to take part of the upcoming seed round.
If you want to learn more about Nelinor, you can visit their website here.