Reverion Raises €154M for Reversible Power Plants

Reverion has raised a large Series B to scale an energy system designed to operate in both directions: producing electricity from gas and producing renewable gas when excess power is available.

What happened

The German startup closed a €154.2 million Series B, led by Kembara, with participation from Allianz, KfW Capital, Aurum Impact and Carbon Equity.

Reverion builds reversible fuel-cell power plants that can generate dispatchable electricity from gases such as biogas.

In reverse mode, the system can use surplus electricity to produce renewable gases.

Why it matters

Power grids need more flexibility as wind and solar become a larger share of generation.

Renewables can produce too much electricity at some times and too little at others.

A reversible system could help absorb surplus power when supply is high and provide firm electricity when renewable generation drops.

That gives the technology a potential role in both energy storage and dispatchable generation.

The bigger picture

Climate infrastructure is moving beyond simply adding more renewable generation.

The harder challenge is balancing the system around it.

Technologies that can store energy across longer periods, provide backup power and make existing gas infrastructure more compatible with lower-carbon fuels are becoming more valuable.

Reverion's round reflects that transition from building renewable capacity toward building the flexible infrastructure required to operate a renewables-heavy grid reliably.