iwell accelerates German energy transition with smart battery systems

The European distribution centre of a globally known clothing brand in North-Rhein Westfalen will be equipped with smart solutions for energy control and storage from iwell

Düsseldorf, 28 November 2023 – iwell, a Dutch provider of smart energy storage solutions, is rebuilding the European energy infrastructure. The Utrecht-based company is now expanding into Germany and opening its second location in Düsseldorf. iwell is starting right away with a major project: to make the new European zero-waste distribution centre of a globally known clothing brand  more sustainable, iwell is implementing its smart solutions for energy management and storage.

The company has been working with Sunrock, a European investor, developer and owner of PV solar roof systems, as well as project developer Delta Development, to equip the clothing brand’s new 70,000 m² European distribution centre with its smart battery system. The ESG-compliant building will be equipped with a system that manages energy sustainably, locally and efficiently. It controls solar panels and charging stations to optimise the use of the clean energy generated. Surplus solar energy is stored so that it can be used at less sunny times. The centre in Dorsten, North Rhine-Westphalia, will be completed in April 2024.

Making the energy transition profitable

Companies in Germany are faced with an increasing urgency to become more sustainable. According to the EEG, the share of renewable energies in the electricity supply should increase to at least 80 per cent by 2050. “German entrepreneurs must act. But they are concerned about the affordability of the energy transition,” says Jan Willem de Jong, co-founder and CEO of iwell. “That’s why the demand for sustainable solutions that pay for themselves quickly is growing. After all, investments have to pay off. If you also consider that entrepreneurs are confronted with the current volatility of energy prices, it becomes clear why the affordability of the energy transition is so strongly linked to feasibility.” iwell enables its customers to switch to renewable energy profitably. With the battery storage system, users can increase the efficiency of their energy supply and gain more transparency about their costs.

Avoiding dependence on overloaded power grids

The energy transition is also challenging the electricity grid. Sustainability and electrification harbour the risk of overloading power grids across Europe. As a result, the demand for battery storage is increasing rapidly. Over 250 Dutch companies are currently using a battery storage system from iwell with a capacity of 70 MWh. This means that many of them are less dependent on the overloaded Dutch electricity grid. De Jong: “Grid congestion is a major challenge in the Netherlands. This will also be the case in Germany if the energy transition continues to gather pace. In addition to the cost and availability of energy, this is an additional reason for us to roll out our solutions throughout Europe, starting with the Levi’s zero-waste distribution centre.”

Expansion across Europe

With the expansion to Germany, iwell aims to realise an energy capacity of 500 MWh within five years. This is equivalent to supplying around 1,500 industrial estates with local, clean energy. However, the ambitions are not limited to the energy transition and climate change in the Netherlands and Germany. iwell is currently participating in Europe-wide tenders and is looking at expansions and projects in several countries. “For us, expanding into Germany is the first step of many. If we want to prevent the ambitions of the European Green Deal from stalling, we need to roll out our solutions across Europe, starting with Germany,” says de Jong.

About iwell

iwell develops and sells smart battery storage systems that enable companies to generate and consume more electricity on site and reduce their energy costs. In doing so, they promote their growth and sustainability. iwell has set itself the goal of tackling the biggest challenges of the energy transition: Grid congestion, rising energy prices, dependence on other countries for energy supply, deteriorating business climate and the likelihood of a decline in employment, pace of the energy transition and more. Over 250 projects with a revenue model for entrepreneurs have already been realised.

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