Polarium

Polarium, founded in 2015, specializes in energy storage solutions using advanced lithium-ion battery technology. The company serves a diverse range of clients, including telecom operators, commercial and industrial sectors, and renewable energy providers. Operating in the global energy storage market, Polarium's business model revolves around providing high-density, long-lasting, and environmentally friendly battery solutions. These batteries are designed to replace traditional fossil fuel-based energy sources, thereby reducing operational costs and environmental impact. Polarium generates revenue through the sale of its battery products and associated cloud-based tools that enable clients to manage their energy storage systems efficiently. The company also offers services to turn energy storage into virtual power plants, optimizing power generation and usage. Polarium's recent strategic investments from Swedish pension company Alecta, Formica Capital, and Absolute Unlisted highlight its growth potential and commitment to innovation in the energy sector.

Keywords: lithium-ion batteries, energy storage, telecom networks, renewable energy, virtual power plant, cloud-based tools, environmental impact, cost reduction, high-density batteries, fossil fuel replacement.