Ferroamp Elektronik AB, founded in 2010 by current CTO Björn Jernström, is a fast-growing cleantech company that offers advanced energy and power optimisation solutions for homes, real estate and industry. The brain of the system – the EnergyHub – collects data from other components to optimise the energy flow between solar PVs, energy storage units and the utility grid, using advanced algorithms.
Competitors may launch similar or even superior technologies and gain market shares. It is still uncertain whether the company will manage to become profitable as it may fail to scale up production. Current government subsidies and tax-deductions for many of the company’s products could be reduced or removed entirely. Further expansion into Europe may not be successful.