Ads-Tec Energy says that Svelland Capital’s investment confirms its strategic direction and technological leadership in the field of decentralised battery buffered solutions. The successful completion of this private investment will strengthen Ads-Tec Energy’s financial position and provide the company with increased flexibility to execute strategic initiatives and secure profitable opportunities.
"We have full confidence that Ads-Tec Energy will maintain and strengthen its position as a technology leader in critical EV-charging infrastructure,” said Tor Svelland, CEO, Svelland Capital.
“Electricity demand is surging, and the grid capacity is a bottleneck to growth. The need for storage capacity becomes crucial as we move from on-demand, centralised power production to renewables and decentralised power production. The ability to store and boost energy becomes vital and we believe that Ads-Tec Energy is an industry leader in terms of performance and capability."