September 2021. With Entech, the intermittent nature of renewable energy is no longer a problem. Located in Quimper (Finistère), this start-up was created in 2016 by Christopher Franquet and Laurent Meyer, two former employees of Vinci Energies. With one goal: to develop hardware and software technologies to ensure smart storage of photovoltaic electricity using batteries – for a few hours – or in the form of hydrogen – for longer.
To continue developing its hydrogen solutions and to go further internationally, particularly in West Africa, Entech announced its IPO on Tuesday 14 September, with the aim of raising €22 million.“We are in very buoyant markets. Going public will allow us to gain notoriety”, explains Christopher Franquet, CEO and founder of Entech. This is essential for gaining a place in the market, particularly faced with its competitor Nidec