Helexia, a subsidiary of Voltalia (Euronext Paris, ISIN code: FR0011995588), and an international player in the energy transition; and Next Generation Energy Solutions (NGEN Group), a company specialising in the development of integrated energy storage and management solutions, announce the signing of a strategic and exclusive agreement for the development and implementation of a set of behind-the-meter energy storage solutions in Portugal.
With a pipeline in development exceeding 100 MW, this strategic partnership between Helexia and NGEN Group aims to accelerate the implementation of innovative solutions that combine energy generation, storage and management. These systems enable companies to reduce costs, achieve greater autonomy in managing their energy and provide services to the electricity grid, generating new sources of revenue.
In addition to promoting sustainability and energy efficiency for companies, this collaboration plays a key role in the stability of the national electricity system, helping to respond to the growing challenges of the energy transition and to build a more resilient and sustainable future.
“This agreement reflects our commitment to offering customers solutions that not only optimise their energy management but also make them active players in the security and stability of the electricity system.”
Luis Pinho,
Country Director, Helexia Portugal
A relevant aspect of this agreement is the fact that the storage solutions are aligned with the new Global System Management Procedures Manual (MPGGS), recently published by the Energy Services Regulatory Authority (ERSE). This compatibility ensures the integration of storage systems into system services, contributing to balancing and stabilising the national and European electricity grid. At the same time, it positions the partner companies and their customers at the forefront of regulatory and technological innovation.
“This agreement helps NGEN Group fulfill its mission to strengthen and digitalise the Portuguese and European grids. Thanks to Helexia customer base and innovative business models, NGEN Group can massively deploy smart energy storage systems in Portugal. Those batteries stabilise the grid and ensure attractive revenues and more reliable energy supply for these commercial and industrial customers.”
Nicolas Depoorter,
Country Managing Director, NGEN in Portugal and Spain
A ‘behind-the-meter’ solution consists of an energy generation, storage and management system that allows the company to consume the electricity produced internally before resorting to the electricity grid, thus reducing the need to purchase from the grid. The system is integrated with photovoltaic panels, allowing the battery to be charged whenever there is surplus solar production. With this partnership, advised by PLMJ, Helexia and NGEN Group aim to accelerate the implementation of storage solutions that respond to the growing challenges of the energy transition, strengthening the role of companies in creating a more sustainable and efficient future.
“Working with Helexia on this project was particularly exciting because it represents a real disruption in the sector due to the degree of innovation it brings, both in terms of existing business models and the combination of technologies.”
João Marques Mendes,
PLMJ, Responsible partner for the energy practice
“This partnership with NGEN Group marks a first milestone for the Helexia Group. We are delighted to be paving the way for new storage solutions that will enhance our customers’ energy independence and the resilience of the grid.”
Benjamin Simonis,
CEO of Helexia Group
