Polarium sharpens focus on telecom and energy storage
Net sales fell to SEK 896M, but gross profit turned positive to SEK 114M, EBITDA loss narrowed to SEK 61M, and distributed energy revenues expected from Q3 2026.
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Battery energy storage and management solutions provider
polarium.comLast updated
In short: Polarium underwent major leadership changes and financial restructuring following heavy losses and a sharp decline in its valuation.
Net sales fell to SEK 896M, but gross profit turned positive to SEK 114M, EBITDA loss narrowed to SEK 61M, and distributed energy revenues expected from Q3 2026.
Polarium BESS connects buildings, batteries, and EVs in real time with partners like Volvo Cars and Buddy Energy. It demonstrates optimized energy storage and sharing.
They optimize distributed energy resources via cloud, supporting grid stability and renewables without extra hardware.
RWE optimizes 50 MW/135 MWh from over 1,600 aggregated batteries starting late 2026 to support renewable integration. Portfolio expected to grow significantly.
The battery company Polarium has raised 436 million kronor in a new share issue and its valuation is halved at the same time. Spotify profile takes over after Telias fd...
After recovering in 2024, 2025 became another heavy year for Polarium. Revenue decreased by a third, although losses fell, reports...
RWE and Polarium, a developer of distributed battery energy storage systems and flexibility solutions, are joining forces to market battery flexibility in the German power...
The management turbulence continues in Harald Mix's loss-laden battery company Polarium. Now the company is changing CFO again, with Jens Bruno becoming the third man...
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