TiLT invests €15 million in Nomad Solar Energy to decarbonize the off-grid market

Nomad Solar Energy

Nomad Solar Energy (NSE), a Spanish company specialising in manufacture and commercialisation of last generation mobile and off-grid solar generators, has secured a major investment of 15 million euros from TiLT Capital Partners, the french energy transition platform of the Siparex Group. This funding will enable NSE to strengthen its R&D efforts and accelerate its commercial development, marking a key step in its ambition to become a leading international player in the energy transition sector.

Founded in Madrid by Laurent de Thieulloy, NSE aimed to address a market seeking innovative technologies and energy solutions for energy production.

Its reference product, the Nomad Energy Box, offers a photovoltaic energy production solution that is quick to install and adaptable to any environment. This system is like a sea container that houses a 42 kWp solar panel structure for the 10-foot format, or 106 kWp for the 20-foot format. Thanks to its innovative ‘Plug & Play’ design, the structure can be deployed and retracted in less than 3 hours without the need for prior site preparation, permits or skilled labour on site.

These custom-built, CSC-certified containers are easily transportable by sea or land, allowing installation in isolated areas or locations requiring off-grid electricity production such as islands, humanitarian centres, construction sites, camps or mining sites. Nomad Energy Box can also supplement an existing but unstable grid and meet temporary power needs.  In addition, they can be interconnected to increase electricity production capacity.

This mobile solution provides a clean energy alternative to traditional diesel generators, reducing their operating time and contributing to the reduction of CO2, nitrogen oxides (NOx) and sulphur oxides (SOx) emissions that deteriorate air quality. With this approach, Nomad Solar Energy encourages companies to commit to the energy transition and achieve their ESG goals.

Supporting Nomad Solar Energy is directly aligned with TiLT Capital Partners’ strategic objectives, which are to invest in European companies actively engaged in the energy transition, to support solutions that improve the energy efficiency of our economy and the flexibility of energy systems, and to accompany them in their growth.

For Nathanaël Krivine, co-founding partner of TiLT Capital Partners: ‘By participating in NSE’s capital opening, TiLT is pleased to accompany an experienced entrepreneur like Laurent de Thieulloy, as well as to provide the team with the means to deploy its solutions based on mobile solar containers. This investment is aligned with TiLT’s intention to strengthen our presence in the solar energy ecosystem and with the strong conviction that the decarbonisation of decentralised energy is an important but insufficiently addressed challenge’.

For Laurent de Thieulloy, Chairman of Nomad Solar Energy: ‘Tilt Capital supports Nomad Solar Energy’s willingness to expand not only by providing the necessary capital for its development and research, but also its undeniable expertise in the renewable energy sector. Aware that water and energy are the two keys to the future of our planet and for generations to come, we will strive to create together a range of innovative products that respect our environment, contribute to a better distribution of energy and reduce poverty among the most disadvantaged populations.