Reverion Raises $175M to Scale Reversible Solid‑Oxide Systems for Dispatchable Clean Power

# What happened Reverion, a German energy technology company, raised $175 million in a Series B round to scale production of its reversible solid‑oxide power systems. The funds will mainly build a manufacturing facility to raise annual output tenfold to 250 MW.

# What the technology does Reverion's systems operate in two modes. In electrolysis mode they convert surplus electricity into hydrogen or other storable gases. In generation mode they run as fuel cells to produce electricity. The company reports a measured electrical efficiency of 74.2% in generation mode during live customer operation using pre‑series units.

# Commercial status and performance Reverion has seven commercial plants running in the field and has increased unit output to 500 kW per module. The company says the capital will help clear a backlog of orders and move toward long‑term profitability.

# Target customers and market positioning Reverion is pursuing three principal markets: utilities, heavy industry and data centres. The company highlights data centres as a growing commercial opportunity because of rapid computing growth, grid connection delays and local permitting or capacity constraints. Reverion's approach uses existing local gas infrastructure to deliver on‑site firm power, which the company says helps data centre operators meet reliability and climate commitments simultaneously.

Robert Trezona, CEO of Kembara (the lead investor), positioned data centres as central to Reverion's growth plans and emphasized the appeal of the company's carbon footprint to hyperscalers.

# Capital and partners

# Why this matters for power systems Reverion's product targets a persistent gap in decarbonized grids: firm, dispatchable power that integrates with renewables without fossil backup. By converting surplus renewable electricity into storable fuel and producing electricity on demand, the systems act as flexible assets that can participate in both power and gas markets. For customers facing constrained grid connections, the systems offer an on‑site alternative to expanding transmission capacity.

# Remaining questions and near‑term priorities Reverion aims to scale manufacturing to 250 MW annually and clear its backlog. Key near‑term priorities implied by the funding include industrializing production, expanding field deployments beyond seven plants, and commercial roll‑out to data centres and industrial clients.

# Bottom line The $175 million Series B funds a step change in manufacturing capacity for Reverion's reversible solid‑oxide technology. The company is selling a combined hydrogen production, storage and dispatchable power solution aimed at utilities, heavy industry and data centre operators that need reliable, low‑carbon on‑site power.