
Terra One
Accelerating the expansion of renewable energy infrastructure to achieve climate neutrality starting with battery storage.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | $7.5m | Seed | |
Total Funding | 000k |
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Terra One is a pioneering company in the development and operation of large-scale battery storage systems in Germany. The company focuses on innovation and sustainability, aiming to drive the expansion of renewable energy infrastructure and contribute significantly to achieving climate neutrality. Terra One operates in the energy sector, specifically targeting the intraday trading market, which involves the buying and selling of electricity on spot markets for same-day delivery. This market allows electricity to be traded up to a few minutes before the delivery period, making it highly dynamic and suitable for battery storage systems that can profit from spontaneous price peaks.
Terra One's business model revolves around the deployment of battery storage systems on rented land, providing landowners with a long-term and stable source of income over a period of 20 years. This arrangement ensures reliable financial planning for landowners while contributing to CO2 reduction and the expansion of renewable energies. The company serves a diverse range of clients, including landowners, energy traders, and entities focused on sustainability and climate change mitigation.
Revenue generation for Terra One comes from the trading of stored electricity on intraday markets, leveraging the dynamic performance profile of battery storage systems to capitalize on price fluctuations. Additionally, the company benefits from long-term rental agreements with landowners, providing a steady income stream.
Keywords: battery storage, renewable energy, intraday trading, sustainability, climate neutrality, energy infrastructure, CO2 reduction, land rental, dynamic performance, Germany.