MEMBER NEWS: Verlume – Delivering on company mission with significant growth in 2023

November 27, 2023
MEMBER NEWS: Verlume – Delivering on company mission with significant growth in 2023

Verlume, a specialist in clean energy system integration, intelligent energy management and energy storage, is fulfilling its mission to deliver clean energy to challenging locations and make things possible today that were impossible yesterday. With an increasing headcount and sales growth in 2023 across several markets including offshore wind, subsea monitoring, and offshore charging, the company has increased its orders booked ten-fold year on year and is on target to deliver a 400% increase in revenue for the financial year.

Following recent successful demonstrations of the company’s technology and securing significant commercial sales, the Verlume team is growing to further deliver on its mission. Verlume’s highly skilled team now has 30 dynamic professionals from a range of technical backgrounds from electrical, electronic, software and mechanical engineering to wider business functions such as project management and HR. There are 7 roles currently open within the business.

In terms of sales, the business won a significant contract from RWE, one of the world’s largest offshore wind developers and operators. Verlume will partner with RWE to engineer and integrate Halo subsea battery energy storage systems, incorporating Axonn intelligent energy management technology. These will be deployed within the 760MW wind farm OranjeWind in the Dutch North Sea.

Verlume’s subsea energy storage and Axonn solutions are intending to explore the applicability of these technologies for system integration for scalable and flexible demand of energy, to match the supply profile of an offshore wind farm.

Additionally, Verlume secured a contract to supply three of the ‘Charge’ battery systems for bespoke subsea monitoring applications. Charge is Verlume’s compact, rechargeable battery solution which provides reliable and safe energy in challenging locations to enable long duration seabed monitoring for stationary systems. Verlume has also developed a business stream for rental systems and has started building the first rental Charge systems, following receipt of the first rental order for this solution.

The company is also developing offshore charging stations powered by renewable energy for wind farm maintenance vessels and autonomous underwater vehicles. Two separate demonstration projects for these systems are scheduled for 2024.

The Renewables for Subsea Power (RSP), a joint industry funded project, connecting a Halo underwater battery system supplied by Verlume with Mocean Energy’s Blue X wave energy convertor to prove the concept of using renewables to power subsea equipment has been extended from 4 months to 12 months following the onboarding of several additional participants into the joint industry project.

Richard Knox, Chief Executive Officer at Verlume said: “These recent contract wins demonstrate the success of our strategy and continued growth at pace, in line with our company mission.

“We are excited to begin our journey in the offshore wind sector with RWE at OranjeWind and see this as a key growth market, both from the larger energy storage use cases, as well as the potential to decarbonise operations and maintenance activities. Thank you to the team at RWE for their support to date.

“We are also experiencing a strong pipeline of enquiries for our Charge offering and are delighted to be supplying units for sale, as well as developing the rental market. With a sales order book that is still growing, we are looking forward to further milestones for the business in the rest of the financial year.”

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AREG is the original energy transition organisation, working on behalf of members to empower the energy supply chain and champion its expertise. Please get in touch if you have any questions or would like to find out more about membership.

AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

Scottish Renewables

Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

Aberdeen & Grampian Chamber of Commerce

The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.


Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.


Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

Scottish Enterprise