Nokia’s new energy innovation venture Enscryb secures partner and first two customers

- Enscryb is partnering with NODES, a Norwegian technology company, and will be offering services to Nanuq, a charging infrastructure company, and Smartecon, a utility scale renewable energy construction / EPC company.
- Enscryb is a platform that uses digital twins and stream processing technology to enable real-time distributed energy orchestration in an era of increasing market volatility, demand and renewable production.
- Enscryb can simulate distributed energy systems of any size and complexity from grid, to meter, to connected assets.
Nokia announced its latest venture, Enscryb, an energy innovation platform, is partnering with NODES, an energy trading company. In addition, Enscryb has also secured and onboarded two customers: Nanuq, a charging infrastructure company, and Smartecon, a renewable energy provider.
Enscryb is an innovative digital toolbox that enables real-time distributed energy flexibility orchestration in an era of increasing market volatility, demand and renewable production by simulating electricity systems of any size and complexity. The Enscryb toolset also provides energy flexibility forecasting for battery energy storage systems and solar hybrid assets. By analyzing data from both markets and clients’ own infrastructures, Enscryb enables more accurate and bankable financial modeling for renewable energy projects.
Based on technology from Nokia Bell Labs, Enscryb is the latest Nokia venture to engage external partners and customers. These collaborations stem from Nokia’s internal venture incubator dedicated to innovation and new commercialization paths for Nokia Bell Labs technology.
By contributing to reducing energy expenses, increasing grid resiliency and transitioning toward Net Zero, Enscryb also emphasizes Nokia’s commitment to sustainable businesses.
NODES facilitates the trading of flexibility resources and Distributed Energy Resources (DERs) between System Operators and Flexibility Service Providers, aggregators and large Industrial and Commercial assets. This activity supports the sustainability sector and contributes to the development of emerging energy flexibility and congestion markets.
Nanuq helps its industrial customers transition to electrified fleets. They plan investment and operation of fleets with local generation resources and charge points to ensure maximum efficiency by lowering energy operation expenses.
Smartecon is a pan-Baltic EPC company specializing in utility-scale renewable energy projects. It helps developers and asset owners bring solar, battery, and hybrid power plants from concept to grid connection, with a strong focus on grid compliance, technical design, and hands-on project execution.
Chris D. Jones, Vice President for Strategic Partnerships at Nokia, said: “Enscryb is the latest proof-point that our venture incubator is finding new ways to commercialize Nokia Bell Labs technology. Nokia is very proud of Enscryb and its first partner and customers. We are looking forward to the opportunity to contribute to a sustainable energy future by helping the energy industry transition through digitalization.”
Svein Jørgen Sønning, Head of Technology at NODES, said: “This collaboration strengthens the foundation for a more resilient and dynamic flexibility market. Enscryb’s ability to optimize DERs investment decisions and operations by using real-time orchestration and advanced value stack strategies complement NODES’ market design. This synergy helps stakeholders unlock greater value from their energy assets.”
Hannes Aus, Chief Development Officer and co-founder of Smartecon, said: ” At Smartecon, we don’t just build — we help clients make sense of complexity. Enscryb complements our approach by turning market and infrastructure data into actionable insights. With this partnership, we can deliver not only bankable energy systems but also smarter planning and better performance from day one.”
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























