With plans for EUR 40 million in revenue in 2023 and over 10,000 systems installed, Viasol A/S brings valuable expertise and experience to the 1KOMMA5° team. In addition, CTO Emil Helgren and his team have developed a frequency optimization algorithm that is now part of the core offering. This algorithm, integrated into Heartbeat, unleashes the potential of dynamic tariffs and frequency regulation for Danish customers.
Our goal at 1KOMMA5° is to convert 500,000 buildings per year to climate-neutral power generation, heat, and mobility, with a sales target of 10 billion euros annually. And we're well on our way - currently, we operate 56 sites with around 1,200 employees in Germany, Sweden, Finland, Italy, and Australia. The expansion into Denmark marks the sixth market that 1KOMMA5° is operating in. This expansion strengthens the Nordic team and sets the standard for private consumers to actively participate in the electricity market.
Consumers can now directly use affordable green energy from wind and sun and support the stabilization of the grid through stabilization services that provide income from those services.
1KOMMA5° is already a market leader in Sweden, Finland, and Denmark and the number 3 provider in Germany. The addition of Viasol A/S and expansion into Denmark is an exciting development for 1KOMMA5°, providing more opportunities for consumers in Denmark and contributing to a sustainable, CO2-neutral future.
At 1KOMMA5°, we believe that solar energy is the future. That's why we're thrilled to introduce our innovative energy management system, Heartbeat, to the Danish market. With Heartbeat, homeowners can not only participate in the electricity market but also generate additional revenue from their solar panel installations.
Heartbeat is a cutting-edge energy management system that can be installed and connected to solar batteries, heat pumps, and EV chargers. Through direct connection to the Nord Pool pan-European electricity exchange, Heartbeat can analyze energy prices in real-time, taking into account weather forecasts to predict solar production. With this data, Heartbeat can automatically control the flow of electricity from the solar panel, battery, and grid, optimizing energy usage based on the availability of renewable energies.
At 1KOMMA5°, we aim to empower our customers to take control of their energy usage and participate actively in the electricity market. With Heartbeat, our customers can benefit from the fluctuations of electricity costs, taking advantage of cheaper, renewable energy sources whenever they are available.
By using Heartbeat, our customers can generate additional income while reducing their carbon footprint. We're excited to bring this innovative technology to the Danish market, and we can't wait to see how it will enhance the energy landscape in Denmark.