GEARS RES aggregator - AKUO Energy

Akuo SA is an independent global renewable energy power producer and developer. It has also been operating in Greece since 2018 (Akuo Energy Greece). The company is present across the entire value chain, including project development, financing, construction, and operation.

The company had invested more than EUR 2.5 billion to build a portfolio of over 1.3 GW of assets in operation or under construction and a robust 5 GW development pipeline. Akuo Greece has already proceeded with strategic partnerships with key local players of the Greek Market and is dynamically developing a portfolio of all three technologies.

GEARS SA, a subsidiary of Akuo SA, is a newly established aggregator that aims to provide optimal forecast for the production of RES Stations on both spot and derivatives market and be responsible for the submission of appropriate offers in the corresponding markets of the wholesale electricity market.

GEARS settles all management issues with the Hellenic Energy Exchange and the Clearing House. GEARS is a technology-based company that takes advantage of the latest developments in data analytics and uses new algorithms and real-time data to forecast generation and bring value to its customers. In parallel, GEARS offers monitoring, operation and maintenance services aiming to optimize assets performance.