# KanEL > Assets that charge. Energy storage that thinks ahead. So you don't have to. KanEL is a Swedish cleantech company (founded 2023, headquartered in Stockholm) delivering battery energy storage systems for commercial and industrial customers, together with a software platform that connects those batteries to the Nordic electricity markets. The platform performs multi-market optimization (MMO) across spot trading, grid tariffs, peak shaving, and ancillary services via Svenska kraftnät, maximizing the total economic outcome for each installation. KanEL operates in Sweden and Finland. ## Core offerings - [Battery Systems](https://www.kanel.se/en/products): Advanced battery technology for energy storage and management - [VPP Services](https://www.kanel.se/en/products): Virtual Power Plant solutions for optimized energy distribution - [Control Units](https://www.kanel.se/en/products): Smart control systems for efficient energy management - [Platform & Multi-Market Optimization](https://www.kanel.se/en/platform): Software platform that connects battery systems to electricity markets and optimizes across spot, capacity, and ancillary-services revenue streams. - [Control Unit hardware](https://www.kanel.se/en/platform): KanEL control units work with all types of battery systems and other energy resources. This gateway enables connection to the platform and manages battery operations, market connections, and real-time optimization algorithms. ## Key pages - [Home](https://www.kanel.se/en) - [About KanEL](https://www.kanel.se/en/about-us) - [Platform](https://www.kanel.se/en/platform) - [Products](https://www.kanel.se/en/products) - [Press & news](https://www.kanel.se/en/press) - [Contact](https://www.kanel.se/en/contact-us) ## Partners - [Siemens Financial Services](https://www.kanel.se/en/partners/siemens-finance) — financing for battery system investments - [WeCo](https://www.kanel.se/en/partners/weco) — Italian battery manufacturer, distributed by KanEL - Rexel Sweden — wholesale distribution partner - Bixia — electricity trading partnership ## Press releases - [2026-03-19] [KanEL enters partnership with Siemens Financial Services for battery system financing](https://www.kanel.se/en/press/kanel-enters-partnership-with-siemens-financial-services-for-battery-system-financing) - [2025-12-09] [KanEL and Rexel Sweden expand energy storage offering for Swedish companies](https://www.kanel.se/en/press/kanel-and-rexel-sweden-expand-energy-storage-offering-for-swedish-companies) ## Languages - Swedish (default): https://www.kanel.se/sv - English: https://www.kanel.se/en ## Contact - Email: support@kanel.se - Phone: +46 70 731 86 66 - Address: Peter Myndes Backe 16, 118 46 Stockholm, Sweden - LinkedIn: https://www.linkedin.com/company/kanel/