We bring CO2 reduction to places
where it really matters.

Clean energy and economic growth for emerging countries – that’s our mission.

GRIPS Energy is a renewable energy investor and contractor (IPP/ESCO). We substitute fossil-based electricity supply with reliable, affordable, and pre-financed renewables-based systems for companies in emerging markets. Our solutions are vendor neutral and technology agnostic in order to design and build power systems based on our customers’ specific requirements. Our goal is to foster economic growth and contribute to CO2 reduction worldwide, for which we won the 2016 Finance for Resilience (FiRe) Award sponsored by Bloomberg New Energy Finance. 

Our offer: easy renewable energy access for commercial and industrial companies

GRIPS gives its customers easy and risk-reduced access to renewable energies based on pre-financed contracting models. GRIPS finances, owns and operates the assets, to enable a maximum renewable energy share for its customers.

GRIPS provides the required know-how, experience and financing to achieve the renewable energy transition with and for its customers.

Renewable energy as a service

We supply energy on a “pay-per-use” basis to our customers in the form of pre-financed contract models, such as lease, PPA or lease to own.

GRIPS contracting key points


econnext group
For People. For Planet. For Profit

GRIPS is part of and supported by econnext group, an Industrial Holding with purpose, founded in 2016/17 to build profitable businesses supporting the achievement of the UN Sustainable Development Goals (SDGs). Econnext was built by entrepreneurs together with business angels and investors from German and Dutch families, including members of the Brenninkmeijer, Mohn, van Agtmael, and von Siemens family.


The GRIPS founders and management team combine the experience of implementation of more than 500 MW of renewable energy projects in 25 countries over the last 20 years.

Timon Herzog

Timon is a business economist with extensive international experience in the renewable energy industry and the development cooperation sector.

Before joining Grips he worked with the German Development Cooperation (GIZ). Prior to that he gained experience in the RE sector covering M&A project transactions, as well as development, implementation and operation of a portfolio of utility scale PV power plants. He started his career in the RE-Industry in 2002 at SOLON AG – one of the technology and business pioneers (manufacturer of inverters, PV-Panels, tracking systems, EPC) of the EU solar industry.

Michael Friedel
(Co-Founder, CTO)

Michael is a technology expert with international experience and a strong technological background on renewable energy hybrid- and energy storage systems (soft- and hardware, system design).

Before co-founding GRIPS he was one of the founding team members of Younicos (energy storage systems “ESS”) where he focused on different ESS aspects and projects dedicated to cost optimization, E-Mobility (charging infrastructure) and smart grid infrastructure. Before embarking into the renewable energy space in 2004 he spent more than 10 years in the IT hard- and software industry.


GRIPS collaborates with a number of organizations and companies towards the advancement of renewable energies and the reduction of energy poverty globally. Through the implementation of its projects, GRIPS also maintains and expands a global network of EPC partners and project developers.


GRIPS won the 2016 Finance for Resilience (FiRe) award at the Bloomberg New Energy Finance (BNEF) “The Future of Energy” summit in New York. FiRe is an international platform of ideas that accelerate finance for clean energy, climate, sustainability and green growth.

GRIPS was a finalist of the 2014 Global Innovation Lab for Climate Finance. The Climate Finance Lab is a global initiative that supports the identification and piloting of cutting edge climate finance instruments.