Enabling endless energy through great energy storage solutions
Polarium provides smart and sustainable turnkey energy storage solutions built on lithium-ion battery technology, that enable customers to optimise the way they use energy and power. The company is headquartered in Stockholm, Sweden, with factories in Mexico, Vietnam and South Africa. To date, Polarium has made more than 350,000 installations in over 70 countries – on all continents and in all climate zones.
The foundation of Polarium’s market leadership is an entrepreneurial spirit, coupled with a strong customer and technology focus. Pushing the technological boundaries forward, the company identifies new ways for energy storage to decrease energy costs and carbon dioxide emissions.
Storing renewable energy is one of the greatest barriers to the clean energy transition. That is why we are here. To create the best energy storage in the world. Using our solutions, customers can secure capacity, reduce energy costs and create new revenue streams – while enabling the transition to renewables.
Number of batteries installed
Net sales 2021 (SEK)
2021 was a record year
EBITDA 2021 (SEK)
Fast-growing and profitable
A new Swedish unicorn
On a rapid journey to empower a smart and sustainable world.
Polarium secures funding
Raises approx. SEK 1,175 million from the Swedish pension fund AMF and three additional investors, on a $1 billion valuation
New factory and expanded partnership with ATC Africa
Polarium starts production in its third factory in Cape Town, South Africa, and closes a multi-million dollar deal with American Tower Corporation (ATC) in Africa
Pilot project with Ariem
Polarium in pilot project with Nordic property owner Areim to deliver smart energy storage for large-scale real estate deployment
Partnering with Telia Company
Polarium and Telia Company launches a pilot project to develop energy optimization systems
Polarium and CTEK to develop energy storage for electric vehicle charging
Partnering with Northvolt
Polarium and Northvolt initiate a long-term partnership in which Northvolt will supply Polarium with green and recyclable lithium-ion battery cells
New factory in Vietnam
Polarium starts production in its second factory, in Hai Phong, Vietnam, to serve the increasing number of customers in the Asia-Pacific region
New business segment
Polarium moves from focusing on the telecom sector to also expanding into the C&I business segment
Polarium is recognised as the leading provider of reserve power for telecom operators and tower companies
Polarium opens its first factory
In Guadalajara, Mexico, with a manufacturing capacity of 300,000 batteries/year
First energy storage solution
Polarium develops and sells its first energy storage solution built on lithium-ion battery technology
Polarium is launched
With the purpose to empower a smart and sustainable world
Polarium is validated
The business case for energy storage solutions built on lithium-ion battery technology to secure much needed reserve power was validated by Stefan Jansson, Carl-Erik Lagercrantz and Harald Mix
Polarium and our solutions are enablers for a sustainable energy system. And we are determined to have a positive impact in the way we make that transition happen. We work towards a circular business model while taking responsibility and driving sustainability throughout our value chain.