Neargrid Solutions - Comprehensive Analysis Report

Summary

Neargrid Solutions supports construction companies in their energy transition by developing tailored, integrated solutions. Their mobile battery systems power construction sites, facilitating the replacement of diesel generators with electric alternatives without straining the distribution grid. Neargrid aims to enable construction companies to become more sustainable. The company's solutions are utilized across numerous construction sites, significantly reducing CO₂ emissions and promoting greener construction practices.

1. Strategic Focus & Objectives

Core Objectives

Facilitate the energy transition within the construction industry.

Develop custom-made, integrated solutions tailored for construction needs.

Replace diesel generators with mobile battery systems to power construction sites electrically.

Promote sustainability and electrification of construction sites.

Specialization Areas

Integrated system solutions for the construction sector.

Mobile battery systems designed for on-site power.

Expertise in enabling the shift from diesel to electric power sources.

Target Markets

Construction companies seeking to adopt sustainable practices.

Construction sites aiming to reduce their carbon footprint.

Companies operating in Belgium, the Netherlands, Luxembourg, and France.

2. Financial Overview

Funding History

Most recent annual accounts were filed on July 30, 2025.

Employs 3.8 FTEs based on the most recent filing.

Gross profit is € 513.527,09 according to the most recent annual report.

3. Product Pipeline

This section is not applicable as the company operates in construction solutions market.

4. Technology & Innovation

Technology Stack

Plug-and-play battery systems designed to facilitate renewable energy transition.

Focus on creating more powerful, greener, and safer energy solutions for construction sites.

Neargrid Portal provides insights into on-site consumption, alerts, and advice.

Key Products/Services:

Neargrid Force: A high-performance battery system capable of controlling up to three tower cranes with a single grid connection. It connects to the Neargrid Portal via 4G.

Neargrid Boost: Delivers power to construction sites with one tower crane.

Neargrid Compact: Designed for self-erecting cranes.

Neargrid Charge: A mobile loading platform.

5. Leadership & Management

Executive Team

Gil De Backer: Business Developer

6. Competitive Analysis

Details about competitors were not found in the search results.

7. Market Analysis

Market Overview

The global smart grid market is projected to increase from USD 73.85 billion in 2024 to USD 161.15 billion by 2029, demonstrating a CAGR of 16.9%.

The global microgrid market is estimated at USD 31.3 billion in 2023. It is forecasted to grow from USD 37.6 billion in 2024 to approximately USD 87.8 billion by 2029, exhibiting a CAGR of 18.5%.

8. Strategic Partnerships

Van der Spek Vianen B.V. serves as a dealer of Neargrid battery systems.

9. Operational Insights

Neargrid’s systems are deployed across more than 160 construction sites.

Neargrid systems have accumulated 952,992 operational hours.

Neargrid systems facilitated a reduction of 5,684 tons of CO₂ emissions compared to diesel generators.

Solutions are used at more than 140 construction sites in Belgium, the Netherlands, Luxembourg, and France.

Plug-and-play battery systems support construction companies in accelerating the transition to renewable energy by providing the necessary power without overloading the electrical grid.