About us


PANECO was founded in 1994 in Sweden and has operations in Europe, North America and Asia.

We develop, deliver and optionally operate grid energy storage and renewable power solutions to meet the rapidly growing demand for renewable power generation. 

Solar and wind power are expected to create a demand for grid energy storage reaching 160GWh per year by 2030. The demand for grid energy storage will have to grow 37% per year from 2023 to 2030 and PANECO is ready to contribute to the renewable energy transition.

400KWh​
FlexCube
(2024)
3.0MWh​
PowerCombo
(2024)
<150​
Days
delivery
3+7
Years
warranty support

Technology

Battery monitoring

Our battery monitoring systems are designed to optimize cells over their entire life.

Battery Energy Storage

Our BESS water cooling and stacking technologies provide the most compact and energy efficient solution today.

Control systems

Our control systems are flexible and upgradable to support any size and any future storage technology. We provide critical communications backup systems where needed.

Renewable Energy

We integrate turnkey solar or wind power generation with the most advanced hardware available.

Battery Recycling

We have a full life cycle solution to reuse and then recycle batteries from BESS.

New Energy Technologies

We invest in the next generation of clean, renewable energy production.

Corporate Milestones

2023

Paneco secures renewable energy partnerships for turnkey projects.

2023

Paneco Green Energy Oy is setup in Finland starting in 2024.

2023

Paneco Energy Inc. opens in Dallas, Texas.

2023

Paneco Energie SA opens a new R&D centre in Toulouse France for renewable energy storage and generation.

2018

BESS co-developed with Hong Kong partner starts shipping to EU and US.

2016

Development of Battery Control and monitoring systems for grid storage.

1994

Paneco Green Energy AB is established in Sweden.

Meet our team

Sean Tieu
Founder
Executive Group Chairman

Founder and Executive Group Chairman, Sean is the driving force behind PANECO. He had 20+ years of experience in international technology projects and a clear vision to build PANECO into a world class renewable energy group.

James Shi
CEO
Paneco Green Energy AB

James graduated in political sciences and loves taking on human challenges. With 20+ years of business experience in Sweden and China, he brings strong negotiating skills to manage partners in Asia and Europe. 

Herve Jegou
CEO
Paneco Energie

A graduate from the French Air Force Academy, Herve has 20+ years of experience with battery management systems, software engineering and product development.

Marko Liimatainen
Director
Paneco Green Energy Oy

Marko brings a proven track record in global sales to consumers, corporates and institutions. Over decades in sales and marketing, he has accumulated a wealth of experience and understanding in relationship building and transaction closures across international borders.

Interested in renewable energies.

Join us and make our world a cleaner place.