Company

About Merus Power

Merus Power is a global green technology company headquartered in the city of Nokia, Finland. We design, manufacture, sell and provide Finnish innovative electrical energy storages, power quality systems, and services. Scalable and modular power electronics, intelligent software technologies, and electrical engineering expertise are the base of our business. Our innovative Merus™ technology enables the use of our products and services in a wide range of different application needs.

Our mission

Our Energy Storage and Power Quality solutions enable renewable energy growth, increase industry productivity, and create winning businesses for our global customers.​

Our Vision

We are a major smart grid solution manufacturer in the Nordics and recognized as a preferred supplier in the global battery energy storage and power quality markets.​

Our Values

  • Customer first
  • Easy to deal with
  • Power quality and LEAN excellence
  • Open and trustworthy
  • Employee satisfaction

CEO’s Message

Kari Tuomala

Kari Tuomala
CEO, Merus Power

Dear customer, business partner, supplier, consultant, other stakeholder or one of Merus Power’s valuable personnel. I welcome you to Merus Power website and hope that your time here is well spent, giving it the payback it deserves.

Merus Power exists to help customers to save energy, improve productivity and increase process efficiency while enabling high penetration of renewable energy through grid code compliance. Dynamic reactive power compensation and active harmonic filtering are in the DNA of our company – we excel in products such as active harmonic filters, STATCOMS, Static Var Compensators and UPQ energy storage solutions. Our technical capability and professional way of working with power quality play a significant role in our mission, vision and values, aimed at making our customers satisfied and helping them to reach their goals and targets. We are fortunate to be able to set honest, positive environmental objectives into the core of our business. Merus Power is an important player in the fight against climate change and in efforts to improve material and process efficiency.

Unlike large corporations, we are “easy to deal with”. We have the time to listen to our customers and we have the skills to solve their problems with a LEAN and cost-efficient way. Merus Power believes that the best results are achieved in teamwork between committed employees and business partners in an open and trustworthy environment. We welcome you to this power quality community to grow with us and to create winning business with power quality.

Certificates and awards

We are committed to continuous quality management and energy savings in all our processes – from the R&D phase to our daily operations.

Merus Power received Frost & Sullivan’s Technology Innovation Award both in 2016 and 2021. This award recognizes companies that have introduced the best underlying technology for achieving remarkable product and customer success while driving future business value. Read more

Merus Power was awarded two certificates in 2022 by Finland’s highly valued commerce-oriented newspaper, Kauppalehti.

Kauppalehti’s Achievers 2022 certificate is a recognition of the company’s stable operations, growth development, good results, profitability, strong financial structure, and liquidity. Only 8% of Finnish limited companies belong to Kauppalehti’s Achievers companies.

Merus Power has grown significantly over the past three years and thus earned its place as a 2022 Growth Company. Only 2% of Finnish limited companies belong to Kauppalehti’s Growth companies. Read more

Visible global handprint of Merus Power

We work committedly for the UN Sustainable Development Goals, and we also help our customers achieve their own sustainable development goals. We monitor the implementation of responsibility with key figures such as green energy capacity, the share of electricity storage capacity, and CO2 emission reductions.

We contribute to the sustainable and energy-efficient development of the economy and society globally. Our solutions that enable better power quality in industrial and commercial applications contribute to the reduction of CO2 emissions and improve the process efficiency of our customers’ companies.

Our quality system is certified with the ISO 9001 quality standard and our environmental system with the ISO 14001 standard. Our solutions comply with IEEE 519, G5/4, and EN 50160 standards and other power quality recommendations.

At Merus Power, we are fully convinced that technology has a significant role in creating a more sustainable future.

We keep track of our positive environmental impact through 3 different parameters:

  • The amount of renewable energy we helped to connect to the grid
  • Our share of the operating reserve in the Finnish electricity market
  • The amount of CO2 emission reductions we achieved by installing our different solutions around the world

1) Merus Power’s management assessment.
The company’s share is 12 MW of Finland’s frequency-controlled operating reserve, which is a total of 103 MW in 2022. (source: Fingrid).
2) Merus Power’s management assessment.
Emission reductions have been assessed from the perspective of the Company’s customers and with the Company’s current equipment.