Selected as a GP Bullhound Cleantech Connect Company, 2009

TOP 30 EUROPEAN CLEANTECH COMPANIES 2009: RANKING NUMBER 11

Sector: Energy Storage – Fuel Cells

Location: Italy

Founded: 2005       

Staff: na

Revenue CAGR 06-08: 117%

Electro Power Systems develops, produces and markets fuel cell systems for power backup.

The company’s offering, Electro7, is the first multi-output fuel cell system for business continuity applications and provides 100% clean power with virtually unlimited autonomy. Electro7 provides up to 7 kW of continuous, on-demand power and is currently considered a class 1 UPS. The product is currently used by the telecommunications industry as a substitute to a traditional energy stations. Additionally, Electro7 holds a competitive advantage as the lightest and most efficient hydrogen stationary system on the market. The company’s product is targeted towards use by telecom operators, power utilities, IT infrastructures, and broadcasting infrastructures. The company’s customers include Telecom Italia, SMAT Torino, AEG Ivrea, and Total Deutschland. Management includes Adriano Marconetto (CEO), Emilio Paolucci (President), and Giuseppe Gianolio (COO). The company operates as a subsidiary of New World Resources and is backed by 360° Capital Partners and Net Partners.