Inion Software is a fast-growing Lithuanian firm specialising in energy management solutions for the renewable energy sector. Revenue rose from €181,000 in Q1 2024 to €267,000 in Q1 2025 – a 48% increase. The company reported €1.2 million in revenue for the full year 2024. Following the strong start to 2025, Inion expects to surpass that figure as demand for European-made digital energy solutions grows.
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Clear trend towards more AI in energy management
According to Dr. Stanaitis, the company’s growth is driven not only by rising demand for advanced digital tools that collect, process and display data from solar and wind power systems. The software also serves a growing market for smart batteries and storage systems requiring data processing, alongside increased awareness of cybersecurity in renewable energy infrastructure. Dr Šarūnas Stanaitis, CEO of Inion Software, says: “More and more energy producers and users are turning to smart, secure and AI-based platforms to manage energy flows, optimise storage and make informed trading decisions.”
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Positive market prospects boost the company
Inion’s software tools leverage artificial intelligence and real-time analytics to optimise battery charging cycles, the timing of power sales, and overall system performance. This helps customers maximise their return on investment. Global trends support the company’s positive outlook. Citing the Global Market Outlook published by SolarPower Europe in May 2025, the Lithuanian company expects annual growth in global solar energy installations of more than 10% between 2025 and 2029. “The renewable energy sector remains one of the most dynamic in the world,” says Dr Stanaitis. “We will continue to invest in existing products and bring new solutions to market tailored to the evolving needs of this market.”
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Inion expands into Italy and eyes further EU growth
With Inion management systems already in use in large-scale renewable energy projects – a recent example being the Švyturys-Utenos Alus brewery, where the company completed the second phase of energy management for Lithuania’s largest solar power and energy storage project to date – the company entered the Italian market in 2024. Collaboration with local partners on energy storage solutions featuring integrated control systems is already underway, with plans to expand to other EU countries in the near future. “Italy is just the beginning,” added Dr Stanaitis. “We are currently exploring opportunities in other EU countries.” (mg)
