Germany-based E.ON has purchased a stake in b.ventus, a start-up that manufactures small wind turbines for business customers.
The investment has been made through E.ON’s innovation hub :agile, which supports energy-related start-ups.
The deal was completed though E.ON’s regional energy supply companies Avacon and E.DIS. E.ON Kundenservice Netz. Fallersleber Elektrizitäts-Aktiengesellschaft (FEAG) and Leitner Group also have shares in the startup.
E.DIS CEO Alexander Montebaur said: “We chose b. ventus as a partner because the company has developed a promising, innovative business idea that we want to ramp up.
“This also gives us the opportunity to work closely with other E.ON companies, a renowned medium-sized enterprise and one of our regional partners.”
b.ventus’ wind turbine is designed to enable business customers to produce their own power quickly and easily. Featuring a height of around 30m, the turbine can be integrated with a customer’s existing power generation facilities including a cogeneration unit or solar array.
Installation of the turbine also eliminates the need of lengthy permitting process.
b.ventus handles installation, repair, and maintenance of turbines.